Archive

  • Negotiating with Japanese insurers on car repair labour costs "a waste of time", say mechanics

    11 March 2024

    But 80% never complain to insurers afterwards, FSA survey finds

  • Tokio Marine promises to "focus on the truth" behind price fixing scandal

    29 February 2024

    Japanese groups Tokio Marine and MS&AD deliver business improvement plans to regulator today

  • Tokio Marine expects JPY 4bn gross costs from Noto Peninsular earthquake

    14 February 2024

    Business improvement plan to be submitted by 29 January

  • MS&AD reveals its remedial measures after price fixing scandal

    14 February 2024

    Group's adjusted net income by Q3 has almost reached full-year predictions

  • Japan's government calls on groups to control subsidiaries better amid Bigmotor fallout

    05 February 2024

    Finance minister acknowledges Sompo Japan "faced pressure from its parent...to secure profits"

  • Sompo faces executive shake-up after fraud hits motor outsourcing partner

    23 January 2024

    Multiple Japanese motor insurers used Bigmotor for claims repairs

  • Japan's slow road to sustainability

    04 January 2024

    There is certainly a will to move towards sustainability in Japan. But with the country so reliant on fossil fuels for its energy, it could be a lengthy transition. Sarfraz Thind reports

  • IAIS 2023: Ariizumi and Saporta talk ICS, AI and climate

    14 November 2023

    The International Association of Insurance Supervisors (IAIS) has seen a change at the top with Japan's Shigeru Ariizumi replacing Vicky Saporta as executive committee chair. The two gave an interview to Sarfraz Thind at the organisation's annual conference in Tokyo

  • Japan steps forward with ICS-based capital framework

    20 July 2022

    Japan is midway through development of a new capital framework that takes its lead from the Insurance Capital Standard. This should make it a beacon for international prudential rules, as the FSA's Shigeru Ariizumi explains to Sarfraz Thind

  • Global capital requirement for climate risks is crucial for transition

    29 June 2022

    Japanese regulator recommends framing global warming as "a time bomb" to spur action