Japanese Big Three shares tumble after price-fixing allegations
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email

© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Cookies Settings

Japanese Big Three shares tumble after price-fixing allegations

Rachel Dalton
02 August 2023
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email
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
Request a free trial Already a subscriber? Login now

Topics

Tokio MarineSompoMitsui SumitomoNewsRegulation
rachel dalton/rachel dalton ii red.png
Rachel Dalton
Lead Reporter
Contact
Gift this article