Tag - insurance

 
 

INSURANCE

JAPAN
Jul 16, 2017
Japan to probe foreign tourists' unpaid medical bills, promote travel insurance plans
The health ministry plans to probe cases of unpaid medical expenses charged to foreign tourists, calling for the use of travel insurance and looking at other ways to tackle the problem.
Japan Times
BUSINESS
Jul 9, 2017
Sales of cyberattack insurance tripled in 2016, top insurers say
Three major nonlife insurance companies saw sales of cyberattack policies more than triple to over 1,000 clients combined in fiscal 2016.
Japan Times
JAPAN / Society
Jul 4, 2017
Insurers debut dementia-liability coverage as Japan grays
Insurance policies covering various expenses relating to dementia are growing more common as Japanese demographics shift to an older population.
Japan Times
WORLD / Politics
May 25, 2017
Under U.S. Republican bill, 23 million people would lose health coverage, Congressional Budget Office says
A bill passed by U.S. House Republicans would cause 23 million people to lose health care coverage by 2026 while de-stabilizing health insurance markets in some states and making it hard for sick people to buy insurance, a budget watchdog agency said on Wednesday.
BUSINESS
May 19, 2017
Zurich Insurance deploying robots to decide personal injury claims
Zurich Insurance is deploying artificial intelligence in deciding personal injury claims after test trials cut the processing time from an hour to just seconds, its chairman said.
Japan Times
BUSINESS / Companies
May 16, 2017
AIG names Hamilton's Brian Duperreault its seventh CEO since 2005
American International Group Inc. named Brian Duperreault, one of the most experienced managers in the property-casualty insurance industry, to be the company's seventh chief executive officer since 2005 and improve results at the operation selling coverage to commercial clients.
Japan Times
JAPAN
Feb 19, 2017
Japan's buckling health care system at a crossroads
U.S. President Donald Trump's plan to repeal “Obamacare” has left many people here wondering: How does Japan compare?
BUSINESS / Companies
Nov 21, 2016
AIG sees $430 million loss on Fuji Life sale, gain on Seoul deal
American International Group Inc., the insurer that's shrinking to free up capital for shareholder buybacks, said it expects to book a loss of about $430 million on the previously disclosed deal to sell Fuji Life Insurance Co. in Japan.
BUSINESS / Companies
Nov 15, 2016
SoFi expands into life insurance through deal with Protective Life
Social Finance Inc., a fast-growing online lender that focuses on high-earning millennials, is broadening its offerings to include life insurance.
Japan Times
BUSINESS / Companies
Nov 15, 2016
Hong Kong tycoon's FWD poised to buy AIG unit in first Japan foray
Hong Kong tycoon Richard Li is poised to buy American International Group Inc.'s Fuji Life Insurance Co. business, a deal that marks his FWD Group's first foray into Japanese insurance.
EDITORIALS
Sep 18, 2016
Reining in the price of costly drugs
In approving the use of breakthrough drugs, the government must ensure their cost doesn't place undo strain on the nation's public health insurance system.
JAPAN / Crime & Legal
Sep 9, 2016
Gibraltar Life salesman billed clients for fake insurance premiums, firm says
A 56-year-old salesman at Gibraltar Life Insurance Co.'s branch in Akita Prefecture has been accused of swindling some ¥190 million from 26 customers after faking insurance premiums and pocketing the fees over 10 years.
Japan Times
JAPAN / Society
Aug 25, 2016
Infant deaths underscore accountability gaps in Japan's nurseries
When Yuki Kai went to pick up her 14-month-old son, Kento, from a nursery in Tokyo after his nap time, she found him dead.
BUSINESS
May 19, 2016
Kumamoto quake insurance payouts hit second-largest on record at ¥123.4 billion
Insurance payouts for the recent earthquakes in and around Kumamoto Prefecture reached ¥123.4 billion ($1.13 billion) as of Monday, becoming the second-largest after the ¥1.27 trillion paid out for the 2011 Tohoku disasters, an industry body said Wednesday.
Japan Times
JAPAN
Apr 21, 2016
Japan's revised insurance law leads to raft of new policy options
There is strong demand for new inexpensive, short-term insurance plans, ranging from landlords' death coverage to medical policies for foreign tourists.
Japan Times
JAPAN / Society
Feb 17, 2016
How Japan is tweaking the cost of health care
The price of health care is changing.
JAPAN
Feb 3, 2016
As Japan grapples with low birthrate, FSA to allow insurance firms to cover infertility treatment
The Financial Services Agency plans to allow insurance companies to offer coverage for expensive infertility treatment in a bid to curb the declining birthrate, sources close to the matter said Tuesday. The change could be made this spring.
BUSINESS
Jan 3, 2016
Major insurers on hunt for M&As
The chiefs of Japan's top insurance companies are eager to keep pursuing mergers and acquisitions abroad because the domestic market is expected to shrink, interviews show.
Japan Times
JAPAN
Dec 30, 2015
National health insurance info on 100,000 people leaked
Lists of personal information related to around 103,000 people, including public health insurance card numbers, are leaked and sold.
Japan Times
JAPAN / Society
Dec 21, 2015
Senior workers increasingly taking special leave to look after grandchildren
Amid an increase in two-income households in Japan, the rate of men who take paternity leave is extremely low, and the availability of day care services remains insufficient. So who looks is looking after the children? The answer is often grandparents.

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