Archive

  • Insurers contend with wave of global climate protests

    04 March 2024

    Insure Our Future's week of action sees thousands of protestors target insurers

  • Pay cut for Sompo's next CEO Mikio Okumura after Bigmotor fraud

    04 March 2024

    Group CRO also takes 20% pay-cut for three months

  • Sompo plans corporate governance overhaul after Bigmotor fraud scandal

    15 February 2024

    Japanese group has spelled out its reform plans to investors

  • 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 issues revamp plans as it scrambles to repair reputation from Bigmotor fallout

    29 January 2024

    Insurer was hit by an FSA business improvement order last week

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

    23 January 2024

    Multiple Japanese motor insurers used Bigmotor for claims repairs

  • Japanese regulator targets Sompo Japan on price fixing

    16 January 2024

    Fallout from scandal has rocked local insurance market

  • Faulty IT settings on Chubb system triggers customer data warnings in Japan

    15 January 2024

    Agents had unauthorised access to policyholder details

  • Japan's natcat relief laws spur insurers to defer premiums after Monday's earthquake

    03 January 2024

    China's insurers are also helping customers after a local earthquake

  • Japan's finance minister orders improvement in wake of insurance price fixing scandal

    27 December 2023

    Four of the country's biggest insurers caught up in inappropriate business practices