The nation's first hail prediction notification service could start as soon as fiscal 2024, according to two nonlife insurance companies working to create the system.
Mitsui Sumitomo Insurance Co. and Aioi Nissay Dowa Insurance Co., both under MS&AD Insurance Group Holdings, Inc., are planning to provide the service mainly to the about 40 million holders of their automobile insurance and fire and accident insurance policies.
Hail is difficult to predict, so the service aims to use 3D image analysis technology with information from government-owned weather radars. The analysis work includes discerning rain and ice in the atmosphere.
