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Japan’s MUFG in final talks to acquire 20% stake in Shriram Finance for over $3.2 billion, report says

Japan’s MUFG in final talks to acquire 20% stake in Shriram Finance for over $3.2 billion, report says

by AIP Online Bureau | Dec 15, 2025 | Eco/Invest/Demography, Indian News

Facing a shrinking domestic market and years of rock-bottom interest rates, Japan’s biggest banks have for years sought out overseas targets. TOKYO:Japan’s Mitsubishi UFJ Financial Group is in final talks to acquire a 20% stake in Indian non-bank financial...

Willis expands into specialty lines, hires talent in Japan

by AIP Online Bureau | Aug 25, 2025 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance

The Japanese general insurance market is projected to grow from JPY11.7 trillion (US$81.1 billion) in 2024 to JPY12.7 trillion (US$93.9 billion) by 2028, at a compound annual growth rate of 2.2%. TOKYO: Willis, a WTW business, today announced a significant expansion...

Japan’s NEXI signs reinsurance agreement with ECGC

by AIP Online Bureau | Aug 23, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

Under this agreement, NEXI will underwrite reinsurance for export credit insurance underwritten by ECGC for Japanese companies in India exporting goods from India to third countries, including those in Africa NEXI is in the process of registering as a reinsurer with...

Powerful quake in Russia’s far east causes tsunami, Japan and Hawaii order evacuations

by AIP Online Bureau | Jul 30, 2025 | Disaster & Management, Eco/Invest/Demography, International News

The shallow earthquake damaged buildings and injured several people in the remote Russian region, while much of Japan’s eastern seaboard – devastated by a 9.0 magnitude earthquake and tsunami in 2011 – was ordered to evacuate. Workers evacuated the...

Japan’s 3 major casualty insurers plan to sell $9.5 billion of cross-held shares

by AIP Online Bureau | May 21, 2025 | Eco/Invest/Demography, International News, Non-Life, Policy, Regulation

Eliminating cross shareholdings is seen by many as a yardstick for measuring corporate governance reform at Japanese companies. Japan’s industry body for non-life insurers told its members in September to cut their cross-shareholdings in the aftermath of a...
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