Japan
Japan posts highest number of bankruptcies in a decade
Japan posts highest number of bankruptcies in a decade
Rising costs were the most cited reason.
Mizuho issues $553m green bond
Its banking arm will use the funds to finance environmentally friendly projects.
Japanese insurers tighten underwriting amidst Q2 market challenges
This called for a careful evaluation of risk retention and risk transfer strategies, Aon said.
Japan’s big-four insurers to raise fire insurance premiums 15%
The decision comes in the wake of failing profitability in the fire insurance market.
Japan’s SMFG issues new shares worth $23.89m
The move is part of its stock compensation plans.
Japanese life insurers' premium income hits $18b
Overall operating expenses pencilled in was $4b.
Japan insurance giants to maintain improved financial performance in FY 2024
Thanks to higher domestic interest rates, diversified investments, and ongoing reforms.
Japan’s life insurers face moderate credit risk
Thanks to their notable allocation to fixed-income investments.
Japanese non-life overseas operations seen to temper domestic underwriting
The country’s big three non-life players saw their profits surge in FYE24.
Japan insurers benefit from lower COVID-19 costs
Both the life and non-life industries saw a surge in their end-March net income.
Japanese life insurers to maintain strong credit in FY2025
Fitch Ratings expects insurers' capital adequacy to stay adequate.
Japan’s Q1 industrial robot production sees largest decline in a decade
Shipments and exports are also on a downward trend.
Japanese insurers eye profit from hikes in fire and auto insurance
FY24 profit targets exceeded Jefferies’ forecasts.
Japan's life insurers shift focus to domestic bonds: Report
In recent years, high hedging costs have kept insurers from investing in foreign debt.
Japan banks clinch $1.98b boost in interest income after policy shift
But a rise in deposit rates presents risks, analysts warned.
Japan’s insurance market to expand 3.12% CAGR by 2027
The automotive segment is seen as a significant trend during the forecast period.
Japanese life insurers poised to surge $350b by 2028: GlobalData
The industry should increase 4.6% in 2023.