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Japan tag returned 18 results

  • Japan: Life insurers continue to be pressured by COVID-19 fallout

    The COVID-19 pandemic has dented life insurers' top-line growth while low interest rates have dampened their investment income significantly. Consequently, AM Best says that it is maintaining its negative market segment outlook on Japan's life insurance segment.

    Date : 02 Jul 2021
  • Japanese life insurers' operating performance still resilient despite pandemic

    The overall credit fundamentals of Japanese life insurers are likely to remain healthy in the financial year ending March 2022 (FYE22), said Fitch Ratings (Fitch) in a new report.

    Date : 08 Jun 2021
  • Life Insurance Association of Japan Chairman outlines 2021 focus

    Mr Akio Negishi, chairman of the Life Insurance Association of Japan (LIAJ) has said that because of the COVID-19 pandemic, there is a need to figure out the way forward for some time and that the present high degree of uncertainty will continue.

    Date : 19 Jan 2021
  • Japan's life insurance sector sets example for managing low rates

    Japan's life insurance market provides insights into the future of insurers elsewhere concerning low interest rates as insurers in Japan have been affected by ultra-low interest rates for much longer than their global peers, Fitch Ratings says in a new report.

    Date : 25 Aug 2020
  • 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