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

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