Tag - insurance



Japan Times
Apr 16, 2015
Bubble-era missteps shape Tokio Marine's property strategy
Tokio Marine Holdings Inc., one of the nation's oldest insurers, is joining its Chinese peers in investing in property overseas — but with a twist.
Japan Times
BUSINESS / Companies
Mar 20, 2015
Nippon Life turns to overseas, eyes ¥1.5 trillion in mergers and acquisitions by 2018
Nippon Life Insurance Co., reversing its focus on the domestic market, is planning to invest up to ¥1.5 trillion in mergers and acquisitions overseas over the next three years, sources close to the matter said Friday.
BUSINESS / Companies
Mar 6, 2015
Sompo Japan to purchase 15% stake in French re-insurer Scor
Sompo Japan Nipponkoa Holdings Inc. will buy a 15 percent stake in French re-insurer Scor SE in potentially its biggest-ever overseas investment.
JAPAN / Crime & Legal
Mar 5, 2015
TV celeb Rola's dad gets suspended term for insurance fraud
The Tokyo District Court on Thursday sentenced the father of television personality Rola to two years and six months in prison, suspended for four years, for swindling the national medical and insurance system out of ¥1.67 million ($14,000).
Japan Times
BUSINESS / Companies
Feb 6, 2015
Nippon Life in talks to raise stake in Resona banking group
Nippon Life Insurance Co. has been in talks with Resona Holdings Inc. to boost its investment in the Japanese banking group by tens of billions of yen, sources close to the matter said on Friday.
Feb 6, 2015
U.S. states probe massive data breach at health insurer Anthem
Several U.S. states are investigating a massive cyberattack on No. 2 U.S. health insurer Anthem Inc. that a person familiar with the matter said is being examined for possible ties to China.
Dec 12, 2014
FSA to conduct on-site inspections of insurance agencies
The Financial Services Agency will conduct on-site inspections at about 10 agencies selling various insurance companies' products amid concerns that some agencies are leading customers to buy excessive coverage to earn higher commissions, sources said Thursday.
Japan Times
Sep 18, 2014
MetLife banks on trust to succeed in Japan
As Japan's life insurance market matures, many companies are looking overseas for opportunities to expand.
BUSINESS / Companies
Jul 3, 2014
Fire insurance premiums expected to rise 3.5% next year
An organization of casualty insurance companies said it will raise benchmark rates used to set member companies' fire insurance premiums by an average of 3.5 percent to cope with increasing payouts following recent natural disasters.
Jun 15, 2014
Medical care as a growth policy
The Abe administration plans to expand medical treatments that mix drugs and technologies covered by public health insurance with those that are not covered as early as fiscal 2016.
Japan Times
BUSINESS / Companies
Jun 2, 2014
Dai-ichi Life edges closer to acquisition of major U.S. insurer
Dai-ichi Life Co. is in advanced talks to buy U.S. insurer Protective Life Corp., in a deal likely to be worth over $5 billion, making it the biggest acquisition by a Japanese insurer yet.
Japan Times
May 26, 2014
Aso complains his taxes shouldn't be used to fund health costs of 'lazy'
Blue-blooded Finance Minister Taro Aso stirs up a debate on social welfare costs by complaining it's unfair his taxes are financing the medical costs of lazy people.
Apr 30, 2014
Risky medical deregulation
The government should give up its attempt to introduce mixed medical treatment and instead speed up the process for approving coverage and use of new drugs and medical technologies under the public health insurance system.
Apr 28, 2014
Insurers eye foreign bond buys
Three of four major life insurers may buy more foreign bonds in fiscal 2014 ending next March to seek higher returns because yields on Japanese government bond yields are predicted to stay at rock bottom, their asset management plans showed Friday.
WORLD / Politics
Apr 14, 2014
Top challenge for U.S. health nominee will be to keep insurance costs low
The first challenge Sylvia Mathews Burwell may face as America's top health official could come from the insurance industry.
Japan Times
WORLD / Politics
Apr 14, 2014
Obama picks new health care chief
President Barack Obama's new nominee for health secretary drew some early political fire from Republicans on Sunday in what could foreshadow a stormy election-year confirmation debate in the U.S. Senate over the future of the law known derisively as "Obamacare."
Japan Times
Apr 5, 2014
Some local governments think health checkups save money, and some don't
Conventional wisdom says when it comes to health care you have to spend money to save it.
Japan Times
Feb 26, 2014
It's their plan for your money, so assume deception
An expat approaching a financial adviser with money to invest could be considered akin to the proverbial duck innocently waddling up to a nabe party with a bundle of leeks slung over his shoulder.
Feb 17, 2014
Medical reforms for an aging nation
A new payment scheme for medical services under Japan's public health insurance may create fierce competition among doctors to monopolize patients.
BUSINESS / Companies
Feb 6, 2014
Tokio Marine withheld payouts to 100,000
Tokio Marine & Nichido Fire Insurance Co., the nation's top casualty insurer, withheld car insurance payments in up to 100,000 cases in the early 2000s and kept the fact secret despite knowing about it through an internal probe, company officials said Thursday.


Traditional folk rituals like Mizudome-no-mai (dance to stop the rain) provide a sense of agency to a population that feels largely powerless in the face of the climate crisis.
As climate extremes intensify, Japan embraces ancient weather rituals