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Tag - insurance

 
 

INSURANCE

Kazuyuki Shigemoto, managing executive officer of Daiichi Life Group, said the firm has been approaching dozens of companies that have never issued bonds or only rarely done so to tap the corporate bond market.
BUSINESS / Companies
Aug 7, 2026
Top Japan insurer urges companies to issue bonds in yield hunt
Daiichi Life Group has been approaching dozens of companies that have never issued bonds or only rarely done so, proposing that it will become a core buyer if they tap the market.
Firefighters battle a wildfire near the village of Agia Paraskevi, Greece, on Sunday.
BUSINESS
Aug 4, 2026
Europe¡¯s wildfire season exposes climate insurance gap
Who will pay as climate-driven disasters become more frequent and destructive?
A firefighter takes part in controlled burning operations in Le Porge, Gironde department, amid drought conditions following a heat wave and water shortages across much of France, on Thursday.
WORLD
Jul 31, 2026
Insurers are ¡®actively evaluating¡¯ new catastrophe risks as Europe burns
Insurers, reinsurers and brokers don¡¯t see the latest bouts of extreme heat as a temporary shock, but as a long-term trend.
Higher sales of yen-denominated single-premium whole life insurance policies boosted fiscal 2025 revenues at four major Japanese life insurers, including Nippon Life, amid rising interest rates.
BUSINESS / Companies
Jul 27, 2026
Single-premium whole life insurance rising in popularity in Japan
Four major Japanese life insurers, including Nippon Life Insurance, reported higher revenues in fiscal 2025, driven mainly by stronger sales of such insurance policies.
A cardiac muscle cell sheet that uses induced pluripotent stem cells
JAPAN / Science & Health
Jul 22, 2026
Another iPS product approved for public insurance coverage in Japan
It is the second case of insurance coverage approval in the nation for an induced pluripotent stem cell-derived regenerative medicine product.
Conventional health insurance cards will no longer be accepted at medical institutions in Japan starting in August. Patients will need to present their My Number cards registered for use as a health insurance card.
JAPAN
Jul 20, 2026
Japanese health insurance cards no longer usable in clinics from August
Patients in Japan will need a My Number card registered for insurance use or a special certificate to receive insured medical treatment.
A fire truck on burnt woodland following a wildfire in Fontjoncouse, France, in August last year
BUSINESS / Companies
Jul 8, 2026
Private equity plays heat detective as climate analytics boom
Frequent record-breaking weather events are creating new threats to earnings, asset valuations and exit outcomes for portfolio companies of the world¡¯s largest funds.
Takashi Yonekawa, deputy head of the National Federation of Health Insurance Societies, speaks during an interview in Tokyo on June 24.
JAPAN
Jul 6, 2026
Kenporen seeks medical insurance reform talks
Japan should engage in discussions involving all stakeholders on whether and how to revise its public medical insurance system, deputy head Takashi Yonekawa said.
Aflac Japan reported a data breach on Tuesday that affected over 4 million customers.
BUSINESS
Jun 30, 2026
Aflac Japan reports data breach affecting over 4 million customers
For about 230,000 customers, information about premium payment accounts was also compromised.
While Japanese government bonds saw yields rise to multiyear highs in May, the attractiveness has been offset by concerns that the Bank of Japan is unlikely to tighten monetary policy quickly enough to contain inflation.
BUSINESS / Companies
Jun 22, 2026
Japanese insurers sold domestic superlong bonds as yields soared
Local insurers sold a net ?201.2 billion ($1.25 billion) of Japanese sovereign debt due in more than 10 years, according to the latest Japan Securities Dealers Association data.
SoftBank Group's Paypay said it will take a 70.2% stake in privately held T&D Financial Life Insurance.
BUSINESS
Jun 4, 2026
SoftBank¡¯s PayPay to buy T&D¡¯s life insurer for $840 million
PayPay, Âé¶¹´«Ã½ dominant payments app, said it will take a 70.2% stake in privately held T&D Financial Life Insurance.
Hiroshi Umiyama, president and CEO of Mitsui Sumitomo, speaks during an interview on May 25 in Tokyo.
BUSINESS / Companies
Jun 3, 2026
Merged Japanese insurer aiming for ?280 billion profit in fiscal 2030
The target for the year that ends in March 2031, excluding gains from sales of cross-shareholdings, would mark an increase of about ?80 billion from current levels.
Health minister Kenichiro Ueno at an Upper House plenary session following the passage of a bill to reform the nation's health care insurance system
JAPAN / Science & Health
May 29, 2026
Japan passes bill to raise co-payments for prescription drugs similar to OTC counterparts
The health ministry plans to require individuals to bear additional costs for some 1,100 over-the-counter-like prescription drugs starting in March 2027.
Prudential Life Insurance's core profit declined 12.6% in the fiscal year ended in March due to the fallout of fraud involving former and current employees.
BUSINESS / Companies
May 26, 2026
Prudential Life Insurance posts 12.6% profit dip after employee fraud
It came to light in January that more than 100 former and current employees had fraudulently received about ?3.1 billion from roughly 500 customers.
The government hopes to reduce medical expenses by asking people to pay more for prescription drugs similar to those that can be purchased at drugstores.
JAPAN / FOCUS
May 15, 2026
Co-payment to reach 50% for prescription drugs similar to OTC ones in Japan
The current medical system has been criticized?for allowing drugs that could be replaced by over-the-counter alternatives to be bought for cheaper through public health insurance.
The Prudential Financial Tower in Newark, New Jersey
BUSINESS / Companies
May 6, 2026
Prudential profit rises even as firm grapples with Japan pause
Prudential had paused life insurance sales in Japan for three months to restore trust after an investigation showed employee misconduct cost clients an estimated $20 million.
The combined balance at health insurance associations at all large firms in the fiscal year that ends in March 2027 is forecast to result in a ?289 billion ($1.8 billion) deficit, according to the National Federation of Health Insurance Societies.
JAPAN / Science & Health
Apr 30, 2026
Deficits loom for many health insurance associations at large Japanese firms
Over 70% of such groups are projected to log deficits in fiscal 2026, the National Federation of Health Insurance Societies says.
Employees on loan to Toyota from three major Japanese nonlife insurers, Tokio Marine & Nichido Fire Insurance, Mitsui Sumitomo Insurance, and Aioi Nissay Dowa Insurance, took out company information without permission.
BUSINESS / Companies
Apr 23, 2026
Three nonlife insurers fraudulently take out information from Toyota
The acts by the employees of the insurers may amount to violations of the personal information protection law or the unfair competition prevention law.
Prudential Life CEO Hiromitsu Tokumaru (center) and other executives from the firm during a news conference in Tokyo on Wednesday
BUSINESS / Companies
Apr 22, 2026
Prudential Life Insurance suspends sales for additional 180 days
The Japanese insurer has received more complaints related to alleged misuse of customer funds.
Nippon Life Insurance's Tokyo headquarters
BUSINESS / Companies
Apr 7, 2026
SMFG and Nippon Life discuss $3 billion LBO loan fund
The move would mark a milestone in Âé¶¹´«Ã½ credit market, where the three biggest banks have dominated lending.

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Disaster relief workers Taichi Kato (left) and Seiji Yoshimura enter the collapsed living quarters at Kyuganji temple in Yatsushiro, Kumamoto Prefecture.
What Kumamoto revealed about Âé¶¹´«Ã½ earthquake readiness

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