Japan Insurance Industry Newswire

Tokyo stocks extend gains as financial stocks rise

TOKYO, Dec. 11 (Xinhua) -- Tokyo stocks rose for a third consecutive day on Wednesday as buying in financial, insurance, and heavy industry stocks supported the market. The benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, closed the day at …

Japanese giant shows courage with life insurance slam dunk deal

The hunger games are back in Australia’s consolidating life insurance sector – and there are no prizes for guessing it involves a big Japanese hunter and a local bank on the retreat. In a deal that will create a top-three life insurer by market share, …

Minister pushes for insurance solutions for vulnerable businesses

Small tourism businesses in disaster-prone areas are at increasing risk of financial losses. According to Deputy Prime Minister and Tourism Minister Viliame Gavoka, this has prompted the government to look for tailored insurance options. These solutions, …

Insurance telematics Market Size to Reach USD 106.04 billion by 2033 Growing at 30% CAGR Exactitude Consultancy

𝐆𝐥𝐨𝐛𝐚𝐥 𝐈𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 𝐭𝐞𝐥𝐞𝐦𝐚𝐭𝐢𝐜𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐜𝐥𝐮𝐝𝐞– 𝐀𝐠𝐞𝐫𝐨 𝐈𝐧𝐜, 𝐈𝐌𝐒, 𝐌𝐚𝐬𝐭𝐞𝐫𝐧𝐚𝐮𝐭 𝐋𝐢𝐦𝐢𝐭𝐞𝐝 LUTON, BEDFORDSHIRE, UNITED KINGDOM, December 11, 2024 /⁨EINPresswire.com⁩/ -- The report has offered an all-inclusive analysis of the global Insurance telematics …

Nippon Life in talks to take over US life insurer in what could be the biggest acquisition by a Japanese insurer

Nippon Life Insurance is in the final stages of buyout talks with US life insurer Resolution Life Group Holdings, Resolution said yesterday in what would be a $8.2bn deal, reported Reuters. The acquisition, which was first reported by the Nikkei business …

Tokyo stocks open mixed on Wall St. falls, firm auto issues

This file photo shows the Tokyo Stock Exchange. (Mainichi) TOKYO (Kyodo) -- Tokyo stocks opened mixed Wednesday as selling tracking falls on Wall Street overnight was offset by buying of export-led auto issues on a weaker yen against the U.S. dollar. In …

Japan – Provision of the First Template Function Adapted to the IFRS Sustainability Disclosure Standards in Japan (IFRS ...

The Association for Promotion of Sustainable Finance Platform (AP-SFPF) and Hitachi, Ltd. (Hitachi) today announced that we will begin providing the first template feature adapted to the IFRS sustainability disclosure standards in Japan (IFRS S1 and S2*1) …

Why The Nissan Sakura Kei Car Could Be The Answer To EV Skeptics

There is something fascinating about kei cars. These JDMs, made by Japanese manufacturers for the Japanese domestic market, happen to be the most popular cars here in Japan. Kei cars have size restrictions and an engine displacement that remains under …

Japan's Nippon Life to acquire US insurer Resolution Life in $8.2 billion deal

NEWGT ratings affirmed by AM Best

AM Best has affirmed the financial strength rating of A- and the long-term issuer credit rating of “a-” (Excellent) of NEWGT Reinsurance Company. The outlook of these ratings is stable. The ratings reflect NEWGT’s balance sheet strength, which AM Best …

Japan becomes latest P&I club to hike premium

The Japan P&I Club announced a planned increase in premiums of 7% in 2025 despite reporting underwriting profits and boosting its reserves in the last financial year. The club is the final member of the 12-strong International Group of P&I Clubs to …

Resolution Life acquisition could add $330m to Nippon Life's profit

Fitch views the transaction as credit-positive for Nippon Life. Nippon Life Insurance’s plan to acquire Resolution Life Group Holdings Ltd. for $8.2b could boost consolidated core profit by approximately $330m (¥50b) annually, adding to the $5.04b (¥764b) …

Nippon Life eyes $8.2b resolution life buyout

If finalised, the deal would be the largest overseas acquisition by a Japanese insurer. Nippon Life Insurance is nearing the completion of a potential $8.2b acquisition of Bermuda-based Resolution Life Group Holdings, according to Resolution Life, reported …

Clive Cowdery backs Labour’s growth policies after $10.6bn sale of Resolution

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Insurance entrepreneur Sir Clive Cowdery has dismissed criticism of the Labour government’s growth policies as “complete hogwash”, …

UnitedHealth murder suspect has angry outburst as details of his life emerge

Luigi Mangione, the suspect charged with murder in the shooting of a top UnitedHealth executive, briefly struggled with officers and angrily shouted while being escorted into a Pennsylvania courthouse on Tuesday, as a clearer picture of his motives began …

Nippon Life takes over Bermudian reinsurer

Created: Dec 11, 2024 12:14 PM (Updated: Dec 11, 2024 12:15 PM) Resolution Life Group Holdings Ltd is based at Wessex House on Reid Street in Hamilton (File photograph by Richard Meyer) Japan’s largest life insurer will make its Bermudian equity affiliate, …

Will the Fed signal a pause in rate cuts?

Stay informed with free updates Simply sign up to the Global Economy myFT Digest -- delivered directly to your inbox. The Federal Reserve is widely expected to cut US interest rates by a quarter point on Wednesday, with a steady inflation reading for …

OPINION: Trump's base could be hit hardest with tariffs

'Applying tariffs to imported products would just raise American prices, lower sales, and hurt both American retailers and citizens,' says columnist A headline in the business section of the Dec. 10 Toronto Star grabbed my attention: ‘Is Canada …

Conglomerates, SMEs shine at CA Sri Lanka’s TAGS Awards 2024

Hayleys PLC receives the Gold award for Overall Excellence in Corporate Reporting Diesel & Motor Engineering PLC being awarded the Silver award for Overall Excellence in Corporate Reporting The much-anticipated grand finale of the 59th TAGS Awards 2024 …

Oceans Luxury Rehab: California's Luxury Rehab Center Sets New Standards in Addiction Care

Oceans Luxury Rehab expands its luxury rehab centers across California, offering top-tier addiction care in serene, state-of-the-art facilities. ORANGE COUNTY, CA, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- Oceans Luxury Rehab, a …

New Alcohol Detox Solutions in Lake Forest arrive at Still Water Wellness Group

Still Water Wellness Group launches a new alcohol detox program in Lake Forest, Orange County, blending expert medical care with personalized treatment. LAKE FOREST, CA, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- Still Water Wellness …

New Alcohol Rehab in Orange County Opened by Harmony Junction Recovery

Harmony Junction Recovery opens a new alcohol rehab in Orange County, providing personalized, effective treatment. ORANGE COUNTY, CA, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- Harmony Junction Recovery, a leader in addiction …

Changes Ahead in the Master Group Health Environment for PEOs

Level-Funded Health Plans Gain Ground as PEOs Rethink Master Group Health Strategies TAMPA, FL, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- The world of Professional Employer Organizations (PEOs) is no stranger to evolution, and the …

Xraised Interview with Louisa Klouda, CEO & Founder at Fenchurch Legal

LONDON, ENGLAND, UNITED KINGDOM, December 13, 2024 /⁨EINPresswire.com⁩/ -- In a recent exclusive interview with Xraised, Louisa Klouda, the CEO and Founder at Fenchurch Legal, shared insights into the company's innovative approach to litigation …

From Past to Present: Property Records of New York Makes NY Property Histories Accessible

From Past to Present the company "Property Records of New York" Makes NY Property Histories Accessible BROOKLYN, NY, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- Property Records of New York is revolutionizing the way …

Legal Implications of Truck Driver Logbook Violations in Louisiana

OPELOUSAS, LA, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- Truck driver logbooks play a critical role in ensuring the safety of commercial drivers and others on the road. These records, required by federal regulations, document a …

Employer Liability in Louisiana Employee Vehicle Use

OPELOUSAS, LA, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- The use of personal or company vehicles by employees in the course of their work raises critical questions of employer liability under Louisiana law. Employers may bear …

Understanding the Legal Consequences of Speeding Cameras in Louisiana

OPELOUSAS, LA, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- Speeding cameras, often seen as a modern tool for traffic enforcement, have become a source of legal complexity for drivers across Louisiana. These devices, installed by …

Insurance Claims Investigation Market Shaping Ahead to Long Term Value Realization |Verisk Analytics

The Insurance Claims Investigation market size is estimated to increase by USD at a CAGR of 12.9% by 2030. PUNE, MAHARASHTRA, INDIA, December 13, 2024 /⁨EINPresswire.com⁩/ -- According to HTF Market Intelligence, the Global Insurance Claims …

STI Clinical Launches Advanced V4.4 Software for STISIM Drive®

Empowering Therapists with Enhanced Features and Advanced Analysis Tool HAWTHORNE, CA, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- STI Clinical, a leader in driving simulation technology with their STISIM Drive® product, is proud to …

SCOR continues to support actuarial science in 2024, presenting Actuarial Awards in seven countries and launching an ...

Press release 13 December 2024 - N° 22 SCOR continues to support actuarial science in 2024, presenting Actuarial Awards in seven countries and launching an annual scholarship in the UK    Each year since 1996, SCOR has rewarded the best research in the …

SCOR poursuit son soutien à la science actuarielle en 2024, avec l’attribution des prix de l’actuariat dans sept pays et ...

Communiqué de presse 13 décembre 2024 - N° 22 SCOR poursuit son soutien à la science actuarielle en 2024, avec l’attribution des prix de l’actuariat dans sept pays et le lancement d’une bourse d’entreprise  annuelle au Royaume-Uni    Chaque année depuis …

Progressive Reports November 2024 Results

MAYFIELD VILLAGE, OHIO, Dec. 13, 2024 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended November 30, 2024:   November (millions, except per share amounts and ratios; unaudited)   2024     …

Alta Trust Company Joins The Wealth Engineering Expert Sourcing Consortium

The WE Family of Companies is pleased to announce the inclusion of Alta Trust Company as an exclusive core component of its Expert Sourcing Consortium LAKE MARY, FL, UNITED STATES, December 12, 2024 /⁨EINPresswire.com⁩/ -- Lake Mary FL, December …

The Solar Recycling Company Expands Operations to Palm Springs, CA

PALM SPRINGS, CA, CA, UNITED STATES, December 12, 2024 /⁨EINPresswire.com⁩/ -- They Said It Couldn’t Be Done. Serving the entire US, The Solar Recycling Company (est. 2019) proudly announces that it is offering the only approved solar panel …

Overcome Decision Paralysis with These 7 Secrets: Event Announced by Twanna Carter Professional & Personal Coaching, LLC

Learn 7 proven strategies to overcome decision paralysis, make confident choices, and lead decisively in this live YouTube event for professionals. BOWIE, MD, UNITED STATES, December 12, 2024 /⁨EINPresswire.com⁩/ -- Twanna Carter Coaching Hosts …

Rova Partners LLC: Redefining Accounting and Advisory with Rohan Prajapati, CPA, Featured in Xraised Interview

NEW YORK, NY, UNITED STATES, December 12, 2024 /⁨EINPresswire.com⁩/ -- In an insightful interview with Xraised, Rohan Prajapati, Founder and President of Rova Partners LLC, shared the visionary journey behind his cutting-edge accounting and …

Merlin Asset Management Named to PSN Top Guns List of Best Performing Strategies for 3Q 2024

Quarterly PSN Top Guns List published by Zephyr identifies best-in-class separate accounts, managed accounts, and managed ETF strategies NEWPORT, RI, UNITED STATES, December 12, 2024 /⁨EINPresswire.com⁩/ -- Merlin Asset Management announced today …

Carole Sackowitz Promoted to Director of Accounting at ARU

In her new role, she will oversee the company’s day-to-day financial functions while focusing on scaling the department and improving operational efficiencies. WINSTON-SALEM, NC, UNITED STATES, December 12, 2024 /⁨EINPresswire.com⁩/ -- ARU, the U …