The Japan Financial Services Agency has published the agenda and supporting papers for the 153rd Automobile Liability Insurance Council, centred on a revision to the standard rate for compulsory automobile liability insurance and the introduction of a review process for expense calculation standards. The materials also cover proposed partial changes to general insurance policy terms and conditions, the method for calculating compulsory liability insurance premiums and liability reserves, and the provisions governing compulsory liability mutual aid. Separate reporting items address the use in FY2026 of profits from the automobile safety special account, private insurance companies, and JA Mutual Aid, together with the handling of council information and materials. The meeting was scheduled to take place at the Central Joint Government Building No. 7 with online participation.
Japan Financial Services Agency 2026-04-30
Japan Financial Services Agency publishes Automobile Liability Insurance Council agenda on compulsory automobile liability rate revision and expense review
The Japan Financial Services Agency has published materials for the 153rd Automobile Liability Insurance Council, focusing on revising the standard rate for compulsory automobile liability insurance and introducing a review process for expense calculation standards. The documents also address proposed changes to general insurance policy terms, methods for calculating premiums and liability reserves, provisions on compulsory liability mutual aid, and the FY2026 use of profits from the automobile safety special account, private insurers, and JA Mutual Aid.