Insurance

Liberalization of the Japanese insurance market has resulted in diversification of industry players, including the entry of foreign insurers and increased M&A activity. As Japan’s population continues to decline and the market matures, major domestic insurers are focusing on incorporating overseas market growth into their strategies.

Insurance regulation, initially more locally focused than banking regulation, now considers its potential impact on the financial system as global players gain influence. This has made it necessary to consider international regulatory frameworks, including strict regulation of multinational insurance groups.

Mori Hamada’s insurance practice provides both traditional services like insurance litigation and regulatory compliance as well as high-level solutions such as reinsurance and captives, assistance with licenses and permits, group restructuring, domestic and international M&A transactions, financing transactions, and group governance development in response to capital regulations, including economic value-based regulations.

We also address principles like customer focus, international financial sanctions, and the structuring of products and services in line with the changing times, including areas like wellbeing, cybersecurity, disaster prevention and decarbonization, all while emphasizing a holistic perspective considering trends in regulatory authorities in Japan and other markets.