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21 through 40 of 67 matching documents, best matches first.   Sort by date

MS&AD Aims to Achieve Group Profit of ¥350 Billion by 2021
Mitsui Sumitomo Insurance Co. Ltd. currently has the Best's Financial Strength Rating of A+ (Superior). (By Iris Lai, Hong Kong bureau manager: Iris.Lai@ambest.com)
Source: BestWire   Date: April 12, 2018
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Nippon Life Cleared to Set up Office in Myanmar
Nippon Life Insurance Co. has received approval from the Ministry of Planning and Finance of Myanmar to establish a representative office in Yangon. The approval was granted to its ...
Source: BestWire   Date: March 28, 2018
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Market Watchers: Japanese Nonlife Insurers Seek Changes and Innovations to Drive Business Forward
Noriyuki Hara, chairman of the General Insurance Association of Japan. Digital transformation is among the drivers for Sompo Holdings Inc.'s growth strategy, according to the ...
Source: BestWire   Date: December 6, 2017
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Brokers: Japan’s April Renewals Followed Disciplined Softening Trend, With Centralized Approach By Nonlife Groups
For instance, MS&AD Insurance Group Holdings Inc. is working to integrate the Lloyd's syndicates and reinsurance operations under MS Amlin in 2017. The integration is expected to ...
Source: BestWire   Date: April 12, 2017
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Lawyer: Reinsurance Regulations Still Under Development in Asia
Myanmar and Vietnam are examples of this approach. However, none of these countries have a reinsurance market and ultimately the state reinsurers turn out to international markets ...
Source: BestWire   Date: August 29, 2016
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Observers: Market Volatility, Single-Market Access Risks for Asian Insurers After Brexit
Asian insurance companies after the U.K. vote to leave the European Union, according to an A.M. Best analyst. "As the investment market shows instability, insurance companies' ...
Source: BestWire   Date: June 28, 2016
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General Insurance Association of Japan: Kumamoto Quakes Lead to ¥317 Billion Losses
General Insurance Association of Japan. Nonlife insurers have received 239,749 claims for earthquake insurance on dwelling risks, including buildings and contents losses. The GIAJ ...
Source: BestWire   Date: June 27, 2016
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FSA: Automobile Premium Hikes Support Japan’s 2015 Nonlife Business Performance
Financial Services Agency. Automobile premium rate hikes in the previous year and increased sales of fire insurance products contributed to the 3.6% surge in net written premium to ...
Source: BestWire   Date: June 10, 2016
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GIAJ: Kumamoto Quakes Lead to US$2.2 Billion in Claims
General Insurance Association of Japan. Nonlife insurers have received 201,248 claims for earthquake insurance on dwelling risks, including buildings and contents losses. The GIAJ ...
Source: BestWire   Date: June 2, 2016
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MS&AD Creates New Technological Products and Services Development Units
Insurance Group Holdings Inc. said it is establishing new units to utilize information and communication technology for products and services development. Mitsui Sumitomo Insurance ...
Source: BestWire   Date: March 8, 2016
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Typhoon Goni’s Insured Losses Reach ¥141 Billion
General Insurance Association of Japan. Automobile and fire insurance losses were ¥7.8 billion and ¥132 billion, respectively, as of Nov. 30. Kumamoto and Fukuoka prefectures in ...
Source: BestWire   Date: December 22, 2015
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FSA: Japan’s Insurance Industry Reports Drop in First-Half Net Income
Financial Services Agency. Life premium income increased 2.9% to ¥12.5 trillion in the first half, according to the FSA's report on 15 Japanese life insurance companies. Drop in ...
Source: BestWire   Date: December 14, 2015
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Japan's 2014 Nonlife Results See Insurers on Track for Profit Improvement
Tokio Marine Holdings Inc. and Sompo Japan Nipponkoa Holdings Inc. aggregately posted a 36% surge in net income to ¥437.96 billion (US$3.6 billion) for the 2014 fiscal year ended ...
Source: BestWire   Date: May 22, 2015
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Munich Re: Japan's February Snowstorms First Half's Most-Costly Catastrophe Event
Munich Re in a statement. There were numerous accidents and the roofs of many halls and greenhouses collapsed under the weight of snow. In the first half of 2014, Munich Re said ...
Source: BestWire   Date: July 10, 2014
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Japan's Nonlife Income Boosted by Auto Premium Revision and Overseas Business Contributions
Insurance Group Holdings Inc., NKSJ Holdings Inc. and Tokio Marine Holdings Inc., said FSA. The three groups account for about 80% of Japan's nonlife market share. The three ...
Source: BestWire   Date: June 13, 2014
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Japanese Insurers Post Higher 2013 Earnings on Resurging Domestic Life Business
February and other natural disasters. Non-life premiums written picked up 6.5% to ¥2.8 trillion in 2013. The February snowstorms are estimated to have caused insured losses of ...
Source: BestWire   Date: May 29, 2014
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Japan Snowstorms Cause ¥253.6 Billion in Insured Losses
General Insurance Association of Japan. Japanese nonlife insurance companies have paid ¥231.9 billion in insured claims for fire policies and ¥21.8 billion of insured claims for ...
Source: BestWire   Date: May 21, 2014
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Update: Japan's Consumption Tax Hike Impacts Insurers
...Removes information in the eighth paragraph.) Japan's consumption tax hike is expected to affect insurance companies' earnings, with major insurance groups already taking account ...
Source: BestWire   Date: April 1, 2014
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Japan Snowstorms Cause $585 Million in Insured Losses
Insurance Information Institute. Insured losses have already topped US$1.5 billion due to structure damages, business interruption and supply chain losses (Best's News Service, ...
Source: BestWire   Date: March 7, 2014
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Japanese Nonlife Insurers See Results Improve Amid Reserve Releases, Lack of Catastrophes
Tokio Marine Holdings Inc. aggregately posted net income of 257 billion yen (US$2.6 billion) in the 2012 fiscal year, compared with a loss of 256 billion yen a year ago, according ...
Source: BestWire   Date: July 10, 2013
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