Japan Casualty Insurers’ Shares Sink on Concerns Over Suspected Price Fixing August 2, 2023 By Taiga Uranaka and Nao Sano A price-fixing scandal at Japan’s biggest casualty insurers is escalating following a media report that the suspected collusion is likely...
Insurers Look to Loosen UN Climate Alliance Rules After Member Exodus: Sources July 5, 2023 By Tommy Wilkes The remaining insurers in a United Nations-backed coalition aimed at tackling climate change are poised to loosen the alliance’s membership...
ANALYSIS – Breakup of Insurers’ Climate Coalition Driven by U.S. Regulation Fears June 2, 2023 By Tommy Wilkes The success of Republicans in triggering the breakup of a coalition of insurance firms aimed at tackling climate change is...
Update: List of Insurers Exiting Climate Group Grows, Including Lloyd’s, Tokio Marine May 30, 2023 By Aaron Clark, Nao Sano and Alastair Marsh The list of firms walking out of the Net Zero Insurance Alliance continued to grow this week, adding to an...
Japan’s Sompo to Focus on Integration After Spree of Overseas Acquisitions April 26, 2023 By Makiko Yamazaki and Ritsuko Shimizu Sompo Holdings Inc. will place more focus on integrating domestic and overseas operations for further growth after a spell of...
Japan’s LNG Buyers Assess How Insurance Halt Will Affect Supplies December 27, 2022 By Shoko Oda and Tsuyoshi Inajima Japan’s buyers of Russian liquefied natural gas are assessing how imminent changes to shipping insurance — triggered by the ongoing...
Japanese Insurers Sell Heatstroke Coverage as Temperatures Soar to Record Levels July 26, 2022 By Kaori Kohyama As temperatures soar to unprecedented levels from Europe to Asia this summer, some Japanese insurance companies have begun selling policies...
Japanese Insurers Struggle with Climate Change Cost Estimates June 25, 2021 By Leika Kihara and Takahiko Wada TOKYO – As the world tries to price the cost of climate change, Japan’s second largest non-life insurer MS&AD foresees...
Explaining Climate Change and Financial Disclosure for Insurers June 25, 2021 TOKYO – Japanese financial institutions are struggling to put a price tag on the cost of climate change, an effort...
Japan’s Largest Insurers Take Another Hit from Typhoon Losses November 19, 2019 By Takahiko Wada A string of powerful typhoons that struck Japan has left scars on the country’s non-life insurers, with industry giants likely...