Tag: Insurance Regulation Japan
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Japan Insurance Agency M&A: Regulatory Reform, Divestitures by Insurers and Corporates, and Foreign Brokers Entering Japan
(Updated October 2026. USD figures are converted at USD/JPY = 150 for reference.) Japan’s insurance agency sector is shrinking in number and consolidating in scale. The number of non-life insurance agencies fell to about 124,000 at the end of fiscal 2025, down about 39% from about 202,000 ten years earlier. Following an insurance-claim fraud case…