Tag - insurance

 
 

INSURANCE

Japan Times
BUSINESS / Companies
Aug 28, 2022
JAXA and Mitsui Sumitomo to sell insurance for civilian space travelers
The new products will likely cover travelers against damage to possessions — like existing travel insurance — as well as bodily damage before and after the adventure.
Japan Times
BUSINESS
Aug 8, 2022
Japanese life insurers dump record foreign debt in volatile July
Lifers disposed of a net u00a51.56 trillion ($11.5 billion) of the securities while trust banks' trust accounts sold u00a5865.8 billion of the notes, data shows.
Japan Times
BUSINESS / Companies
Aug 7, 2022
Mitsui Sumitomo Insurance to buy U.S. reinsurance broker for $400 million: Nikkei
Mitsui Sumitomo Insurance Company will spend about $400 million to buy U.S. reinsurance broker Transverse.
Japan Times
BUSINESS / Companies
Jul 26, 2022
Japanese insurers sell heatstroke coverage during sizzling summer
Sompo Holdings and Sumitomo Life Insurance, two of the country's biggest insurers, are offering policies specifically designed to cover medical expenses arising from heatstroke.
Japan Times
BUSINESS
May 29, 2022
COVID-19 surge leaves Taiwan’s insurers struggling to pay out
The head of the financial regulator has ordered insurers to pay out on valid COVID-related insurance policies after they faced criticism from lawmakers for dismissing claims.
Japan Times
BUSINESS
May 25, 2022
Insurance is Russian oil's Achilles' heel
Insurers from Europe and the United States, which dominate the international marine market, are curtailing coverage for Russian oil tankers, industry sources say.
Japan Times
BUSINESS
May 18, 2022
Climate change boosted cost of Japan storm by $4 billion, study shows
Hagibis, which killed about 100 people and brought torrential rainfall to Tokyo, was one of the costliest Western Pacific typhoons on record, scientists in the U.K. have said.
Japan Times
JAPAN
Apr 8, 2022
Government to phase out insurance fee exemption for Fukushima evacuees
The phase-out affects evacuees who are now able to return or have already returned to the areas of their former residency following the lifting of evacuation orders.
Japan Times
BUSINESS / Economy
Nov 11, 2021
Climate change turns up the heat on insurers, policyholders
From California to Australia, thousands of homeowners and businesses can no longer afford insurance in places where natural disasters are increasing.
Japan Times
BUSINESS / Regional Voices: Tohoku
Aug 30, 2021
Agricultural income insurance gains traction in Japan's Tohoku region
The insurance covers nearly all products as well as losses resulting from a wide range of circumstances such as lower yields due to typhoons and the effects of the pandemic.
Japan Times
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.
Japan Times
BUSINESS / Companies
Jul 3, 2021
Japan’s green push opens path to talent outside old men’s club
The growing importance of sustainable investment could help diversify the mentality of Japan Inc. boardrooms, as firms look to draw from a nontraditional talent pool for senior positions.
Japan Times
BUSINESS / Companies
Jun 25, 2021
Japan insurers struggle to pinpoint climate change cost estimates
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%.
Japan Times
BUSINESS
Apr 14, 2021
Treasury traders seek moment of truth from Japan’s life insurers
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.
Japan Times
BUSINESS / Companies
Mar 22, 2021
Tokio Marine faces larger-than-expected Greensill exposure
The insurance company has found that reinsurance contracts intended to limit losses didn't cover its unit that did the most business with Greensill.
Japan Times
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.
Japan Times
JAPAN
Dec 14, 2020
Major Japan life insurers shun investing in nuclear weapons-linked firms
The restraint shown by the life insurers reflects a growing trend toward valuing environmental, social and other such factors in making investment decisions.
Japan Times
JAPAN / Media / MEDIA MIX
Nov 14, 2020
Subsidizing fertility treatment leaves Japanese gynecologists in a bind
Fertility treatments are not covered by national health insurance because, in most cases, infertility is not defined as an ailment.
BUSINESS / Markets
Oct 19, 2020
Tumble in global bond yields sees Japan insurers slash purchases
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.
Japan Times
WORLD / Science & Health / FOCUS
Oct 5, 2020
As cities bake on a warming planet, insurers cook up heat wave cover
Longer and hotter heat waves driven by climate change are becoming an increasingly dangerous — and costly — menace.

Longform

Tokashiki Beach acts as a sanctuary for sea turtles and offers ideal snorkeling waters. It was also the site of the U.S. Army’s preliminary invasion that led to the 1945 Battle of Okinawa, which resulted in the deaths of nearly 150,000 people.
On Okinawa's Tokashiki Island, life's a beach — one of the best in the world