Business / Economy Jul 13, 2021
Local Olympics organizers face uninsured loss from spectator ban
The Tokyo Organising Committee used up much of its event cancellation policy on postponement costs last year, insurance sources say.
Business / Corporate Jun 25, 2021
Japan insurers struggle to pinpoint climate change cost estimates
by Leika Kihara and Takahiko Wada
Japan's second-largest nonlife insurer, MS&AD, foresees the potential rise in claim payments in 2050 from current levels to be anywhere between 5% and 50%.
Business Apr 14, 2021
Treasury traders seek moment of truth from Japan’s life insurers
by Chikako Mogi and Chikafumi Hodo
With combined assets equivalent to $3.6 trillion, and one-quarter of this in foreign securities, even minor shifts in Japanese insurer allocations can impact markets.
Business Dec 16, 2020
Japan Post insurer plans $2.9 billion buyback to cut owner stake
Japan Post Insurance is seeking to rebuild its business after a sales scandal last year ended with the resignation of senior management and a regulatory penalty.
Business / Corporate Oct 21, 2020
Nippon Life to adopt ESG evaluation for all investments and loans
As part of the move, the insurer plans to urge companies emitting a large amount of greenhouse gases to draw up plans for emission cuts.
Business / Financial Markets Oct 19, 2020
Tumble in global bond yields sees Japan insurers slash purchases
by Chikako Mogi
Net purchases of medium- to long-term foreign bonds by insurers were the lowest for an April to September period since 2013, according to ministry data.
World / Science & Health | FOCUS Oct 5, 2020
As cities bake on a warming planet, insurers cook up heat wave cover
by Laurie Goering
Longer and hotter heat waves driven by climate change are becoming an increasingly dangerous — and costly — menace.
Business Aug 27, 2020
In wake of insurance scandal, new Japan Post chief says sales of policies to resume
Japan Post said an additional 642 workers, including salespeople, are now subject to disciplinary measures related to the insurance scandal.
Business / Corporate Aug 19, 2020
Taiyo Life to launch insurance in Japan tailored to COVID-19
As well as funds toward hospitalization, the product — the first of its kind in Japan — will also offer policyholders benefits in a lump sum for related expenses.
Business Jul 8, 2020
Japan nonlife insurers to raise premiums 6-8% in wake of disasters
Four major Japanese nonlife insurers plan to raise their fire insurance premiums for homes by a national average of 6 to 8 percent in January 2021, sources said Wednesday. The first simultaneous premium hikes by the four since October 2019 will follow a rise in ...