Best's News


News & Research
Advanced Search Advanced Search



   
   
 
 
 Search Results

[x] Source
BestWire

[x] Companies
SOMPO Holdings Inc.

[x] Topic
Life/Annuity

 
1 through 18 of 18 matching documents, best matches first.   Sort by date

Japan Looks to Introduce Economic Value-Based Solvency Regime in 2025
International Association of Insurance Supervisors. The proposed regime is intended to appropriately recognize financial conditions of insurance companies by consistently ...
Source: BestWire   Date: October 3, 2019
Subscription or Purchase Required

Japan’s Life Industry Delivered Positive New Business Growth in 2018 Fiscal Year
Life Insurance Association of Japan's report. New business from individual insurance and annuity increased 11.6% and 18.4% to ¥2.5 trillion and ¥501.6 billion in annualized ...
Source: BestWire   Date: June 19, 2019
Subscription or Purchase Required

Overseas Business Recovery Boosted MS&AD’s Net Income by 25.1% in 2018 Fiscal Year
Aioi Nissay Dowa Insurance Co. Ltd.'s net income increased 138.8% to ¥37.3 billion due to lower overseas natural disaster losses. Group adjusted profit decreased 5.5% to ¥189.8 ...
Source: BestWire   Date: May 24, 2019
Subscription or Purchase Required

Japanese Insurers Seek M&A Targets to Aid in Diversification
Willis Towers Watson said in a report. Japanese buyers have an appetite for assets that complement their local portfolios, particularly for specialty business areas and less ...
Source: BestWire   Date: January 25, 2019
Subscription or Purchase Required

Tokio Marine’s First-Half Net Income Drops 29.8%; Full-Year Projection Unchanged
Insurance Group Holdings Inc. projected net incurred loss from major domestic catastrophes of ¥184 billion for the 2018 fiscal year (Best's News Service, Nov. 26, 2018). Tokio ...
Source: BestWire   Date: November 27, 2018
Subscription or Purchase Required

Tokio Marine’s First-Quarter Net Up 15.5% on Securities Sales Gains, Overseas Profit
Japanese group's financial presentation. Increased gains on sales of securities in Japan and profit expansion aboard contributed to the net income rise. The impact of July's heavy ...
Source: BestWire   Date: August 14, 2018
Subscription or Purchase Required

Sompo First-Quarter Net Doubles, Supported by Underwriting and Investment Profit Surge
Japanese group's financial presentation. A rise in underwriting and investment profit contributed to the net income surge. Sompo Japan Nipponkoa Insurance Inc. posted a 26.7% rise ...
Source: BestWire   Date: August 13, 2018
Subscription or Purchase Required

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
Subscription or Purchase Required

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
Subscription or Purchase Required

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
Subscription or Purchase Required

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
Subscription or Purchase Required

Investment Losses Clip First-Half Nonlife Income of Japan's Top Insurers
Financial Services Agency. Deteriorating stock market conditions continued to erode business performance of the three nonlife groups, which posted an aggregate investment loss of ...
Source: BestWire   Date: December 18, 2012
Subscription or Purchase Required

Toa Re: Japan's Insurers Strengthen Underwriting Terms Following Cat Losses
Toa Re, Japan's major reinsurer. Japanese insurers "are taking measures including increasing premium rates for extended earthquake coverage for companies." For catastrophe events, ...
Source: BestWire   Date: July 11, 2012
Subscription or Purchase Required

Amid a Tough Climate, Rebounding Profits Seen for Japan's Top Insurers
President Koichiro Watanabe. Ordinary profit increased significantly due to improved investment, but the rise was offset by the negative impact of decreased deferred tax assets due ...
Source: BestWire   Date: June 12, 2012
Subscription or Purchase Required

Politics, Economy Complicate Insurance Market Reform in Japan
Japan Post Bank - by the end of September 2017. The newly revised law has removed that deadline, making it possible for the privatization to be postponed. "The privatization of ...
Source: BestWire   Date: May 8, 2012
Subscription or Purchase Required

Domestic Economic Concerns Drive Japanese Insurers Into Overseas Markets
United States over the past year. The country's three major nonlife insurance groups are "pursuing global expansion and expansion of life subsidiaries by utilizing their sales ...
Source: BestWire   Date: February 7, 2012
Subscription or Purchase Required

Insurers Pressed to Innovate in Japan's Shifting Market
Insurance Group Holdings Inc. was formed for the integration of Mitsui Sumitomo Insurance Co. Ltd., Aioi Insurance Co. Ltd. and Nissay Dowa General Insurance Co. Ltd. Also, NKSJ ...
Source: BestWire   Date: August 3, 2010
Subscription or Purchase Required

Japan's Insurers Look to Rebound From Economic, Social Setbacks
...This is the first of a two-part series. Next week: How Japan's insurers are adjusting to competition and growth constraints.) Many Japanese insurers are revamping their business, ...
Source: BestWire   Date: July 27, 2010
Subscription or Purchase Required