Market concentration is relatively high in Japan in property and casualty insurance. Three firms—Tokio Marine, MS&AD, and Sompo—together have 88% share, and only three others (including AIG ...

AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of "a" (Excellent) to ...

AXA Hong Kong and Macau also partnered with Ant Bank (Hong Kong) and AlipayHK. Asia-Pacific's insurance sector from 7 to 11 ...

Tokio Marine Holdings will change the name of Tokio Marine Healthcare Business Establishment Preparatory Company, which was established as a wholly owned subsidiary in April 2023, to Tokio Marine ...

Domestic net premiums written also grew across all three insurers. Japan's largest property and casualty (P&C) insurers ...

TOKYO -- Tokio Marine Asset Management left an environmentally focused investor group at the end of February, Nikkei has learned, marking the first exit by a major Japanese player amid growing ...

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Tokio Marine, MS&AD, and Sompo—together have 88% share, and only three others (AIG, the nonlife unit of an agricultural cooperative insurer, and Sony Assurance) have even 1%. Despite this high ...

Sompo Japan, Tokio Marine & Nichido Fire Insurance Co. and Mitsui Sumitomo Insurance Co. all recommended that their policyholders use Bigmotor to repair their vehicles following an accident.