Business / Corporate Feb 5, 2020

Aeon Financial Service to enter life insurance market

Aeon Financial Service Co. has announced a plan to enter the life insurance business by acquiring a Japanese unit of German insurer Allianz SE. The financial service firm associated with major retailer Aeon Co. said Tuesday it would buy 32,400 new shares to be issued ...

Japan Post Insurance misconduct may have hit 60,000 more customers

Business Jan 30, 2020

Japan Post Insurance misconduct may have hit 60,000 more customers

Improper sales practices for Japan Post Insurance Co. products may have disadvantaged 60,000 more customers than previously known, sources have said. In August, the Japan Post Holdings Co. group started to investigate 183,000 Kampo-brand insurance contracts involving 156,000 customers who had possibly been affected by ...

Japan's FSA to cut automobile liability insurance premiums

Business Jan 16, 2020

Japan's FSA to cut automobile liability insurance premiums

The Financial Services Agency decided Thursday to reduce compulsory automobile liability insurance premiums from April. The move reflects the improved finances of the insurance program as wider use of vehicle safety devices such as automatic braking systems contribute to a decline in the number of ...

'Obamacare' ruling likely to haunt Trump in 2020

World / Politics Dec 20, 2019

'Obamacare' ruling likely to haunt Trump in 2020

While the eyes of America were on the House vote to impeach President Donald Trump, a court ruling to leave the fate of the Affordable Care Act, also known as "Obamacare," up in the air may be a bigger risk to his 2020 re-election ...