Japan's Tokio Marine to sell hourly car insurance for ride-hailing

Coverage tailored to country's limited version of service to offer lower premiums

20240916N ride share

A car lamp advertising a ride-hailing service, commonly called ride-sharing in Japan. (Photo by Toshiki Sasazu)

NATSUMI IWATA and HIROFUMI KANAOKA, Nikkei staff writers

TOKYO -- Tokio Marine & Nichido Fire Insurance will start selling car insurance by the hour for ride-hailing operators in Japan, Nikkei has learned -- a first for a Japanese insurance company.

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