Sumitomo Life Insurance is considering the use of digital technologies, including generative AI, to assist its sales agents, said its President Yukinori Takada.
As the East Asian Insurance Congress celebrates its founding day on October 18, EAIC General Secretary Masayuki Tanaka reflects on the organization's six-decade legacy of cooperation and looks ahead to tackling urgent challenges including poverty, healthcare access, and insurance literacy across the region. His message is printed in full below:
Even as the Japanese society ages with a rapidly declining birth rate, wild bears are killing a record number of people according to Japanese environment ministry.
Prudential Financial has appointed Mr Brad Hearn as president and CEO of Prudential Holdings of Japan. Previously, he served as COO for Prudential's Japan operations.
Over 400 reinsurers and representatives from around the world will be convening in Japan from the 20 -24 October to coordinate support for the unique risk challenges facing Japan's renewable energy expansion.
Brookfield Wealth Solutions has signed a reinsurance agreement with Japanese insurance company Dai-ichi Frontier Life. This agreement marks the first Japan-based reinsurance agreement for Brookfield Wealth Solutions.
The 31 members of the General Insurance Association of Japan (GIAJ), in the financial year ended 31 March 2025 (FY2024) posted a combined net income (after tax) of JPY1,817bn ($12.4bn), 103% higher compared to FY2023, according to Toa Reinsurance's recently released "Japan's Insurance Market 2025" report.
The premium income and other revenues of Japan's 41 life insurance companies increased slightly by 0.1% year on year to JPY43.0tn ($292.4bn) in the fiscal year ended 31 March 2025 (FY2024), according to an article by the Life Planning Department of The Toa Reinsurance Company (Toa Re).
Sony Life Insurance has announced that it intends to enter into a block reinsurance transaction with retirement services company Athene, a subsidiary of Apollo Global Management.
Aon has appointed Mr Shinji Kuriyama as enterprise client leader, APAC in Japan. In his new role, he will lead Aon's relationships globally with its Japanese clients, providing integrated risk capital and human capital solutions