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121 through 140 of 292 matching documents, best matches first.   Sort by date

Japan Insurers Paid ¥1.3 Trillion in Claims on 2018 Major Domestic Catastrophes
General Insurance Association of Japan. Typhoon Jebi resulted in ¥747.8 billion insured claims, becoming the costliest typhoon and flood loss event in Japan. The nonlife industry ...
Source: BestWire   Date: December 27, 2018
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Japan’s Cooperatives Expect ¥164.5 Billion Claim Loss for Recent Catastrophes
General Insurance Association of Japan. Jebi's insured claims have reached ¥585.1 billion as of Nov.19. It has already overtaken Typhoon No. 19, or Mireille, in September 1991 as ...
Source: BestWire   Date: December 4, 2018
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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
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Sompo Revises Downward 2018 Profit Forecast With Projected ¥175 Billion Loss From Domestic Cats
Japanese group's financial statement. Domestic natural catastrophes are expected to bring a net incurred loss of ¥175 billion for the full 2018 fiscal year, said Sompo. Its net ...
Source: BestWire   Date: November 26, 2018
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MS&AD Expects ¥184 Billion Net Incurred Losses From Major Domestic Catastrophes
Insurance Group Holdings Inc. expects net incurred losses from major domestic catastrophes of ¥184 billion (US$1.64 billion) for the 2018 fiscal year ended March 31, 2019, ...
Source: BestWire   Date: November 21, 2018
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Japan’s Consecutive Catastrophes Expected to Cause Significant Aggregated Losses, Moderate Pressure on Local Insurers
Jason Shum, associate director of A.M. Best Asia-Pacific Ltd. Major catastrophes - including the Osaka earthquake in June, western flooding in July, Jebi, and the Hokkaido ...
Source: BestWire   Date: September 12, 2018
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A.M. Best Affirms Credit Ratings of Lloyd’s Syndicate 2001
Amlin Underwriting Limited. The outlook of these Credit Ratings (ratings) remains stable. The ratings of Syndicate 2001 reflect the balance sheet strength of the Lloyd's market, ...
Source: BestWire   Date: September 7, 2018
Mitsui Sumitomo Acquires Additional 9% Stake in Sri Lanka’s Ceylinco
Insurance Group Holdings Inc. Mitsui Sumitomo has paid approximately ¥2.3 billion (US$20.7 million) to increase its shareholding to 15% in Ceylinco Insurance, a listed insurance ...
Source: BestWire   Date: August 29, 2018
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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
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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
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MS&AD Posts 8.5% Drop in First-Quarter Net Income
Mitsui Sumitomo Insurance Co. Ltd., its major subsidiary, saw its net income decline 17.2% to ¥55.1 billion, contributing to the group's overall net income fall. A decrease in ...
Source: BestWire   Date: August 10, 2018
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MS&AD Starts Selling Telematics-Based Auto Insurance in Europe
Aioi Nissay Dowa Insurance Co. Ltd. has begun selling telematics-based automobile insurance in Europe, according to a statement from its parent company, MS&AD Insurance Group ...
Source: BestWire   Date: August 7, 2018
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Aioi Nissay Dowa Acquires Preferred Stock in National General for US Telematics Development
Aioi Nissay Dowa Insurance Co. Ltd. and its subsidiary Aioi Nissay Dowa Insurance Services USA Corp. have formed a three-party business collaboration with National General Holdings ...
Source: BestWire   Date: July 10, 2018
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Mitsui Sumitomo Forms Strategic Partnerships in Africa With ICEA Lion, ICE
Mitsui Sumitomo Insurance Co. Ltd. has formed strategic partnerships with local insurance companies in Kenya and Mozambique to enhance its services in East and Southeast Africa, ...
Source: BestWire   Date: July 5, 2018
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Japan’s Nonlife Sector Posted 10.4% Rise in Net for 2017 Fiscal Year
March 31, according to the General Insurance Association of Japan. Investment income rose 13.8% to ¥754 billion for the 2017 fiscal year, supported by gains from sales of ...
Source: BestWire   Date: June 28, 2018
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MS&AD to Inject ¥70 Billion Into MS Amlin
Insurance Group Holdings Inc. said it plans to inject about ¥70 billion (US$640 million) of capital into MS Amlin to help sustain its business model for future growth. The company ...
Source: BestWire   Date: June 11, 2018
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MS&AD’s 2017 Net Income Fell 26.8% Dragged by MS Amlin Loss
Mitsui Sumitomo Insurance Co. Ltd. and Aioi Nissay Dowa Insurance Co. Ltd., reported total net income of ¥213.8 billion in the 2017 fiscal year, compared with ¥214.9 billion a ...
Source: BestWire   Date: May 23, 2018
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A.M. Best Affirms Credit Ratings of MS Amlin AG
Insurance Group Holdings, Inc. (MS&AD). Concurrently, A.M. Best has commented that the ratings of Lloyd's Syndicate 2001 (United Kingdom) remain unchanged. The syndicate is managed ...
Source: BestWire   Date: May 10, 2018
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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MS&AD Issues Bond to Cover Natural Catastrophe Risks in Japan
... News Service, April 5, 2018). FEMA said it plans to transfer additional risk "by engaging the capital markets for the first time through an insurance-linked securities transaction ...
Source: BestWire   Date: April 6, 2018
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