As mutual companies, with no shareholders and no stock analysts following their every move, Japan’s big life insurers have long been a largely ignored part of the Japanese financial system.
However since the failure of Nissan Life in April 1997, and the near failure of Toho Life earlier this year, counterparties in wholesale markets have suddenly had to focus on life companies’ creditworthiness.
At the same time foreign insurers scent opportunities in the consumer crisis engendered by Nissan and Toho.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access