Mitsui Sumitomo Insurance to buy reinsurance broker Transverse
Mitsui Sumitomo Insurance is looking to buy American reinsurance intermediary Transverse Insurance Group for around $400m, Nikkei has reported. The Japanese insurer…
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Insurtech Akur8 collaborates with MS&AD Insurance Group
Akur8, the provider of AI-based insurance pricing solution, has joined forces with MS&AD Insurance Group to expand in Asia and beyond.…
SOMPO taps GeoX for AI-driven underwriting platform
Japanese insurance giant Sompo has struck an alliance with Israeli start-up GeoX for developing an automated underwriting platform powered by…
Tokio Marine forms strategic partnership with ICEYE
Tokio Marine Holdings, a Japanese insurance holding company, has made a strategic investment in ICEYE as it looks to develop new insurance…
Tokio Marine unveils insurance app for Japanese companies in Vietnam
Tokio Marine Insurance’s Vietnamese subsidiary has launched "TM Care", an insurance app for Japanese companies operating in the country. The…
Aon taps ICEYE to provide data on flooding events in Japan
Re/insurance giant Aon has joined forces with ICEYE, an expert in persistent monitoring with radar satellite imaging, to offer insurers…
Government to sell 27% stake in Japan Post for $8.52bn
Japan is planning to sell a 27% stake in Japan Post Holdings, whose listed subsidiaries include one of Asia’s largest…
Tokio Marine selects Metromile DETECT for P&C claims fraud detection
Japanese insurance company Tokio Marine has teamed up with Metromile Enterprise to use its artificial intelligence fraud-detection product. The insurer…