A survey conducted among insurance companies in Japan revealed that insurance premiums for solar power equipment has nearly doubled on average over the past five years, reported the Mainichi Shimbun.
Japanese life insurers facing a number of scandals involving their staff are now planning to make changes to their external transfer policies, said a report in the Japan Times.
Willis has announced a significant expansion of its Japanese corporate risk and broking team, in order to enhance the company's ability to meet rising demand through deepened industry expertise, as well as providing insights, data and analytics to inform and better manage both insurance transactions and wider risk management for clients.
It has been more than six months now that the Japanese government stopped issuing the conventional health insurance cards and started with the My Number health insurance cards, however, the usage rate of new My Number health insurance cards remains persistently low.
Japanese life insurer, Japan Post Insurance has partnered with global investment firm KKR to invest $2bn in a new vehicle sponsored by Global Atlantic.
Allianz Fire and Marine Insurance Japan (Allianz Commercial Japan) has announced a recent management change. Mr Brian Jinzenji has been appointed representative director and president, and Mr Yuichiro Funabashi has been appointed representative director and executive vice president.
Swiss Re has appointed Mr Stephen Abrokwah as the new head of life and health (L&H), Japan, effective 1 October 2025 and subject to the necessary approvals. He will transition into his new role starting in the month of September.
The Life Insurance Association of Japan (LIAJ) elected Yukinori Takada (Director, Representative Executive Officer, President & CEO of SUMITOMO LIFE INSURANCE COMPANY) as its 63rd chairperson at the board meeting held on 18 July 2025.
Japanese insurer Meiji Yasuda Life Insurance has introduced a website browsing assistance tool "FACIL'iti" provided by a French-based startup, FACIL'iti Japon K.K. The tool that is available beginning 9 July 2025 adapts website display to accommodate each user's mainly visual needs.
HDI Global SE, has collaborated with Descartes to offer next-generation parametric earthquake insurance in the country.