Japan
Japan proposes revisions to stewardship code of institutional investors
Japan proposes revisions to stewardship code of institutional investors
They will be required to disclose how many shares they own and hold in the company.
Japan’s Cabinet OKs bill allowing offshore wind projects in EEZ
The government will designate areas for the installation.
Japan’s installed wind power nears 6GW as of 2024
Over 700 MW was added last year.
Japan’s beauty industry fights online fakes with blockchain
Smart packaging helps ensure that consumers are buying the real thing.
Japan’s insurance sector sees stability amidst premium boom
Premium income has increased over the past two years.
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 general insurance sector slated for$94b by 2028
The industry is seen to grow 1.7% in 2024.
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.
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.
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