Archive

Sompo confirms switch to IFRS reporting for 2026 year-end

Buyer be where? Japanese insurers look beyond the horizon, for M&A deals

The rewards for Japan's insurers of overseas M&A include risk diversification, new customers and profit enhancement - but stakeholders tell David Walker that risks abound, as well

Overseas business and investments boost Sompo's H1 earnings

Japanese group is lifting its full-year target by JPY 15bn to JPY 270bn

Sompo unveils plans for major portfolio reform

Excessively supportive relationships with sales agencies to end, Sompo Japan's CEO announces

Japanese firms reveal progress on anti-price collusion measures

Tokio Marine is compelling its salespeople to reflect on "uncomfortable" policies

Fitch predicts robust credit fundamentals and less rates risk for Japan's life sector

Insurers will also keep expanding overseas to boost earnings, ratings agency expects

Pay cut for Sompo's next CEO Mikio Okumura after Bigmotor fraud

Group CRO also takes 20% pay-cut for three months

Sompo plans corporate governance overhaul after Bigmotor fraud scandal

Japanese group has spelled out its reform plans to investors

Japan's government calls on groups to control subsidiaries better amid Bigmotor fallout

Finance minister acknowledges Sompo Japan "faced pressure from its parent...to secure profits"

Sompo faces executive shake-up after fraud hits motor outsourcing partner

Multiple Japanese motor insurers used Bigmotor for claims repairs