Japan

Japan’s climate change measures to spur innovation in agri-food manufacturing sector

Japan has introduced temperature-resistant varieties of rice, fruits, and vegetables amongst others.

Japan’s life insurance slated for 4.7% CAGR through 2029

The industry is forecasted to expand by 6.8% in 2024.

Japanese insurers double down on tech to weather disaster risks

Industry players are relying on data analytics to improve risk management.

Japan's multiplay services revenue to reach $34.9b by 2028

A key driver includes the rising demand for blended services.

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.