Japanese Big Three shares tumble after price-fixing allegations
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free Trial
  • Log in

Japanese Big Three shares tumble after price-fixing allegations

share price down.png

The three largest Japanese insurers have seen their share prices fall after allegations of price fixing for clients in the transport industry.

Tokio Marine, Sompo and MS&AD have all been instructed by Japan’s Financial Services Agency (FSA) to investigate accusations of price fixing for policies sold to railway operator Tokyu, according to a Nikkei report.

Tokio

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Gift this article