Must Know チューリッヒ企業保険撤退 References

チューリッヒ保険、ロシア撤退へ現地スタッフに事業売却 (2022年5月20日掲載) ライブドアニュース from news.livedoor.com

Overview

Zurich Insurance Group, one of the world's largest insurance companies, announced its decision to withdraw from the corporate insurance business in Japan. This move will affect a significant number of businesses in the country, particularly those that rely on Zurich for their insurance policies. The company's decision to pull out of the Japanese market is part of its larger strategy to focus on core markets and businesses.

Background

Zurich Insurance Group has been operating in Japan for over 100 years, providing a range of insurance products and services to both individuals and businesses. The company's decision to withdraw from the corporate insurance business in Japan comes as a surprise to many, as it has been a major player in the market for several years.

Reasons for the Withdrawal

According to Zurich Insurance Group, the decision to withdraw from the corporate insurance business in Japan is part of its larger strategy to focus on core markets and businesses. The company has identified certain markets where it believes it can achieve sustainable growth and profitability, and Japan is not one of them.

Impact on Businesses

The withdrawal of Zurich Insurance Group from the corporate insurance business in Japan will have a significant impact on the businesses that rely on the company for their insurance policies. Many of these businesses will now have to find alternative insurance providers, which could be a challenging and time-consuming process.

Alternative Insurance Providers

There are several alternative insurance providers in Japan that businesses can turn to for their insurance needs. Some of the most popular providers include AIG Japan, Nippon Life Insurance, and Tokio Marine & Nichido Fire Insurance.

Conclusion

Zurich Insurance Group's decision to withdraw from the corporate insurance business in Japan is a significant development that will have far-reaching implications for businesses in the country. While the move is part of the company's larger strategy to focus on core markets and businesses, it will no doubt create challenges for businesses that relied on Zurich for their insurance policies. As the affected businesses look for alternative insurance providers, it remains to be seen how the insurance market in Japan will evolve in the coming years.