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SOMPO Holdings Inc.

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Regulation

 
1 through 15 of 15 matching documents, best matches first.   Sort by date

Japan's MS&AD Vows to Cooperate With Regulator in Monopoly Probe
Aioi Nissay Dowa Insurance Co. Ltd., the group said in a statement. The FSA issued administrative actions, including a business improvement order for "conduct considered to be in ...
Source: BestWire   Date: December 26, 2023
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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
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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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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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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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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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Japanese Insurance Groups Consolidate Units to Boost Profitability
Sompo Japan Insurance Inc. and Nipponkoa Insurance Co. Ltd., both major nonlife units of NKSJ Holding Inc., point to this effort to increase profitability through greater ...
Source: BestWire   Date: March 30, 2012
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Japan's Insurers Adapt to Regulator's Move Toward Global Solvency Standards
Solvency II or with similar measures. As a result, some Japanese insurers have been raising capital through various means such as equity and issuing subordinated bonds based on ...
Source: BestWire   Date: November 8, 2011
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Marsh: Insurer Profits in Australia, New Zealand Will be Hit by Recent Catastrophes
Nonlife insurers in the Australia/New Zealand region will face greater pressure on profitability as reinsurance costs are set to rise due to recent catastrophe events that have ...
Source: BestWire   Date: April 26, 2011
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Economic Recovery, Solvency Regulation and Overseas Expansion Shape Japan's Reinsurance Market
Hiroshi Fukushima, president and chief executive of Toa Re. There are some concerns of decreasing reinsurance capacity in overseas markets due to the appreciation of the yen ...
Source: BestWire   Date: January 4, 2011
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Catastrophes, Consolidation Among Defining Reinsurance Trends in Asia
Aon Benfield Asia Pacific. Reinsurance rates are expected to remain stable for most lines except for loss-affected layers, he said. In the absence of significant losses before year ...
Source: BestWire   Date: October 19, 2010
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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
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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
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