Tag - insurance



BUSINESS / Companies
Nov 30, 2015
Nippon Life plans Japan's largest REIT as investors crave yields
Nippon Life Insurance Co., which is seeking to gather about ¥300 billion ($2.4 billion) for what would be Japan's largest private real estate investment trust, is targeting returns of 4 percent as yields on government bonds languish near zero.
Nov 26, 2015
Japan car insurer sets up translation service amid rising numbers of foreigners at the wheel
A major insurer is offering interpretation in five languages for motorists reporting accidents by phone, amid an influx of foreign visitors and the expectation that the fender bender rate will rise.
Oct 25, 2015
Young may get help to stop smoking
Young smokers could see the scope of their health insurance expand if they are willing to take steps to quit the habit through smoking-cessation treatments.
Oct 23, 2015
Top life insurers face second-half obstacles to returns on investment
Japan's biggest life insurers face hurdles wherever they seek returns in the fiscal second half, as Bank of Japan debt buying depresses local yields, the yen shows signs of strength and currency hedging costs soar.
Japan Times
BUSINESS / Companies
Oct 20, 2015
NTT Docomo to sell insurance products in tie-up with Nippon Life
A tie-up between mobile phone carrier NTT Docomo Inc. and Nippon Life Insurance Co. will see Docomo selling insurance policies at its stores in Japan, sources close to the matter said Tuesday. The carrier is seeking new revenue sources amid government pressure to lower its charges.
BUSINESS / Companies
Oct 1, 2015
Sompo Japan to buy nursing care unit from Watami for ¥21 billion
Major property and casualty insurance group Sompo Japan Nipponkoa Holdings Inc. plans to acquire the elderly nursing care unit of pub and restaurant chain operator Watami Co. for about ¥21 billion, industry sources said Thursday.
Japan Times
Sep 21, 2015
Increase in natural disasters causes fire insurance premium hike in October
In response to a number of large-scale natural disasters in recent years, which some experts attribute to climate change, there will be a hike in fire insurance premiums from October.
Japan Times
Sep 11, 2015
Japan Post valued at ¥12.61 trillion; listing set for Nov. 4
Japan Post Holdings Co. and its banking and insurance units will begin trading on the Tokyo Stock Exchange on Nov. 4, the bourse said Thursday, in what will be the largest initial public offering in the country in nearly 30 years.
JAPAN / Crime & Legal
Sep 10, 2015
Japanese man slain in Manila last week was insurance beneficiary of another murder victim
Police say there is a connection between a Japanese man killed in Manila last year and one killed last week, sources said.
Sep 9, 2015
Takeover of Amlin makes other Lloyd's insurers bid targets
Amlin PLC's $5.3 billion takeover by a Japanese competitor has put the remaining four publicly traded Lloyd's of London insurers in the spotlight for a possible takeover.
Japan Times
BUSINESS / Companies
Sep 8, 2015
Mitsui Sumitomo Insurance to buy British insurer Amlin for ¥635 billion
Mitsui Sumitomo Insurance Co. said Tuesday that it will buy Britain's nonlife insurer Amlin PLC for around ¥635 billion, as it pursues global expansion in the face of a shrinking domestic market.
BUSINESS / Companies
Aug 26, 2015
Nissay seen looking to buy Mitsui Life for ¥400 billion in insurance sector shake-up
Nippon Life Insurance Co. is considering buying its smaller competitor, Mitsui Life Insurance Co., in an attempt to regain the crown as the country's top premium revenue earner.
BUSINESS / Companies
Aug 12, 2015
Sumitomo Life to buy Buffett-backed Symetra for $3.8 billion
Sumitomo Life Insurance Co. agreed to buy Symetra Financial Corp. for about $3.8 billion (¥473.5 billion) as the Japanese company seeks to expand in the U.S.
Jul 14, 2015
How to cope with Japan's demographic transformation
Japan must take steps to make it easier for women to work while raising families and to extend the nation's healthy life expectancy.
Japan Times
Jul 4, 2015
Temblors in the home insurance business
When we were looking around for a financial institution for a housing loan, we found that the major ones didn't really want to talk to us, but there were plenty of other places that would.
BUSINESS / Companies
Jun 10, 2015
Tokio Marine buys HCC for $7.5 billion in biggest takeover
Tokio Marine Holdings Inc. agreed to buy HCC Insurance Holdings Inc. for about $7.5 billion (about ¥941.3 billion) in the biggest acquisition by a Japanese insurer, stepping up an overseas expansion to counter stagnation at home.
May 27, 2015
Lawmakers OK health care reforms to address growing costs for the elderly
The changes include increased cost-sharing by high-income workers, higher meal costs for hospital patients and more expensive fees to see a specialist at a large hospital without a doctor's referral.
BUSINESS / Companies
May 19, 2015
Nippon Life to buy insurance agencies operator
Nippon Life Insurance Co. plans to acquire an operator of independent insurance agencies to expand sales channels and better respond to customer demands, sources close to the matter said Tuesday.
BUSINESS / Companies
May 11, 2015
Sompo Japan Nipponkoa set to snip car insurance premiums for first time in over 11 years
Sompo Japan Nipponkoa Insurance Inc. is ready to trim car insurance premiums for the first time in more than 11 years, thanks to solid earnings and increased competition from online insurers, company sources said Monday.
Apr 30, 2015
Scrutinize health insurance reform
The national government needs to provide sufficient support to prefectural governments, which will be tasked to play a larger role in maintaining the nation's health insurance system.


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