News - Japan: Life insurers voice views on proposed global accounting rules

January 2011
Asia Insurance Review;Jan2011, p55
Trade Publication
The article informs that according to the Life Insurance Association of Japan (LIAJ), proposed global accounting rules may sharply erode net profits at insurance companies. LIAJ says that the proposed international rules require mark-to-market accounting which may cause fluctuating liabilities and could led to less net profits at insurance companies.


Related Articles

  • Japan: Robust savings product sales push life premiums in Apr-Sep.  // Asia Insurance Review;Jan2013, p26 

    The article reports on the increase in the total premium income of Japan's 43 life insurers by 3.7% in the period between April and September 2012, according to the Life Insurance Association of Japan (LIAJ).

  • Japan: LIAJ received State Minister's commendations.  // Asia Insurance Review;Jul2012, p20 

    The article reports on the State Minister's commendation for contributors to consumer support in 2012 received by the Life Insurance Association of Japan (LIAJ), which is based from the commendation programme in charge of the Consumer Affairs Agency.

  • Japan: Life association to join new international body of insurers.  // Asia Insurance Review;Aug2012, p22 

    The article reports that with 43 life insurers as members, the Life Insurance Association of Japan (LIAJ) will soon join a new international society of insurers known as the International Federation of Insurance Associations (IFIA) to prime itself for tighter global regulations.

  • LIAJ: Well-placed for ensuring insurance payouts. Seow Kai Lun // Asia Insurance Review;Oct2011, p16 

    The article looks at the approach of the Life Insurance Association of Japan (LIAJ) when responding to the March 11, 2011 earthquake in Japan. LIAJ streamlined its operations which include setting up a call centre with a search system while member companies ensure that all life insurance policy...

  • Life insurance: Customers' awareness and social mission.  // Asia Insurance Review;Mar2014, p46 

    The article reports on the three initiatives that the Life Insurance Association of Japan (LIAJ) plans to continue to focus on. The LIAJ plans to promote mutual understanding with consumers. Reports on insurance products, services, and regulations on sales have been prepared by the Financial...

  • Standing tall despite the Whirl of Changes.  // Asia Insurance Review;Sep2009, p34 

    The article presents an analysis of high point status of the life insurance industry in Japan despite the existence of the faltering economy. It is indicated that greater effort has exerted to strengthen the reliability on the Life Insurance Association of Japan (LIAJ) and to build up consumer...

  • Overseas expansion remains high on life insurers' agenda. Taylor, Gregory // Asia Insurance Review;Feb2015, p54 

    The article discusses Japanese life insurers continuing their overseas expansion highlighting insights of Mr Koichiro Watanabe, Chairman of the Life Insurance Association of Japan (LIAJ). He believes that international business expansion would give an advantage to policyholders in Japan. While...

  • Life insurance industry: Working to provide protection for the people. Scow Kai Lun // Asia Insurance Review;Feb2012, p40 

    The article focuses on the views of Yoshinobu Tsutsui, chairman of the Life Insurance Association of Japan (LIAJ), on the present condition of the life insurance sector of Japan and how it overcame huge insurance claims. Tsutsui states that a collaboration between the public and private sectors...

  • The IAS Learning Curve. stein, Robert W. // Best's Review;Jan2004, Vol. 104 Issue 9, p90 

    Reports on the profound business implications of the imminent arrival of international accounting standards for insurers in the U.S. Challenge of adopting international accounting standards (IAS). Expectation on IAS to produce significant changes in the pattern of reported earnings; Factor...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics