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Japan tag returned 14 results

  • Japan: Sales of new individual life insurance policies surges by over 130%

    Strong sales in whole life, term life and cancer insurance in Japan has led to a significant jump in the number of new individual life insurance policies and the amount of benefits coverage for FY2018, revealed latest figures from the 'Life Insurance Fact Book (2019)' published by The Life Insurance Association of Japan.

    Date : 04 Dec 2019
  • 6X sales conversion rate through genetic testing with Genoplan

    Genoplan is a genetic testing company backed by big-name venture funds such as Softbank Venture Asia, Samsung Venture Investment, and GC Pharma. Asia Advisers Network finds out how it has helped its partners in the insurance industry improve sales conversion rate by as much as 600%.

    Date : 20 Nov 2019
  • Japan: 7 million projected to suffer from dementia in 2025

    One in five people among those aged 65 or older in Japan, or about seven million people, are projected to suffer from dementia in 2025, according to a Ministry of Health, Labour and Welfare estimate.

    Date : 20 Aug 2018
  • Are consumers financially literate enough to navigate online information?

    Saving, investing, and planning for retirement can be an exercise in futility if an individual lacks the know-how that is required to be successful, according to the seventh annual Aegon Retirement Readiness Survey.

    Date : 17 Jul 2018
  • MetLife opts for pragmatism in digital investments

    MetLife's digital investments focus on four main areas that include distribution, front- and back-end processes, data analytics, and innovation. MetLife Asia senior vice president and chief information officer Stephen Barnham said, "We agreed early on that for every $3 of expenses the company can save, $2 will be reinvested in digital efforts. We have been using this process for three or four years, investing up to $300m a year to modernise our foundation and leapfrog the industry with good returns."

    Date : 21 Jun 2018
  • What's new in the market?

    We bring you a roundup of what's new in the market in recent weeks. It pays to know what's happening in the industry so you are not caught unawares. It can even be a sneak peek into what's to come in your home market.

    Date : 02 Apr 2018
  • Japan: Nippon Life in deal of nearly US$1 bln to boost bancassurance

    Japan's private sector life insurer, Nippon Life Insurance, has signed an agreement to acquire an 85% stake in MassMutual Japan, a unit of US-based mutual life insurer MassMutual Financial Group, in a JPY104.2 billion (US$980 million) deal.

    Date : 06 Mar 2018
  • Japan: Insurers lower life insurance premiums on longer life spans

    Major insurer, Nippon Life Insurance, will cut premiums for life insurance products by up to 20% as its payout is on the decline due to the rising longevity of policyholders, company officials say. The discounts will take effect on policies purchased after March.

    Date : 22 Feb 2018
  • Japan: 1st medical plan with entry age up to 90 introduced

    With Japan facing an aging population and growing life expectancy, Meiji Yasuda Life Insurance has introduced the first healthcare insurance plan that allows for the enrollment of customers up to 90 years of age.

    Date : 12 Jan 2018
  • Japan: Record dip in population as births fall below 1 mln

    The number of babies born in Japan fell below 1 million for the first time in 2016, while over 1.3 million people died, resulting in the largest population decline on record according to the results of a government survey revealed last week.

    Date : 06 Jun 2017