The Japan TimesDec 26, 2023
Japan’s financial regulator penalized the country’s largest property and casualty insurers for colluding to fix prices in contracts with corporate clients. https://www.japantimes.co.jp/business/2023/12/26/companies/japan-insurers-price-fixing/?utm_content=bufferfd256&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #companies #insurance #tokiomarine #sompo #mitsuisumitomo #aioinissay #fsa #shunichisuzuki
Japan penalizes biggest property insurers for price fixing

The Financial Services Agency has issued business improvement orders on the core units of Tokio Marine, MS&AD Insurance and Sompo.

The Japan Times