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May 17, 2024
 

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INSURANCE

BUSINESS
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
BUSINESS / Companies / EXECUTIVE DECISIONS
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.
EDITORIALS
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
JAPAN
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.
EDITORIALS
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.
BUSINESS
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
BUSINESS / YEN FOR LIVING
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
COMMUNITY / Voices / FOREIGN AGENDA
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.
EDITORIALS
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.
EDITORIALS
Dec 14, 2013
Nursing services under the knife
The health and welfare ministry plans to end some services under the nursing care insurance system for people whose conditions are not so severe, and have municipalities take them over.
Japan Times
BUSINESS / Companies
Nov 1, 2013
CTBC buys Tokyo Star, Taiwan Life
Taiwan's CTBC Financial Holding Co. agreed to buy Tokyo Star Bank Ltd. and Taiwan Life Insurance Co. for about $1.4 billion as it seeks to diversify outside its crowded home market.
EDITORIALS
Oct 16, 2013
Raising fees for nursing care services
The government plans to raise the out-of-pocket share paid by 'high-income' earners for services received under the elderly nursing care insurance system from 10 to 20 percent.
COMMENTARY / World
Oct 9, 2013
Tea party embraces a proven loser
Tea party-affiliated Republicans in the U.S. House are gearing up again, this time on a grander scale, to threaten action that will end up helping the other side.
JAPAN / Crime & Legal
Jul 29, 2013
Kabukicho clinic chief hid ¥350 million, pays back taxes
The head of a clinic providing after-hours medical care in Tokyo's Kabukicho entertainment district has been singled out by the Tokyo Regional Taxation Bureau for fudging his income and concealing ¥350 million of it, sources revealed Monday.
BUSINESS / Companies
Jul 26, 2013
Meiji will buy 15% of Thai Life Insurance
Meiji Yasuda Life Insurance Co., the nation's third-biggest life insurer, said it agreed to buy a 15 percent stake in closely held Thai Life Insurance PCL to meet rising demand in the Southeast Asian nation.
Japanese stripper bids to have her porn movies taken off internet
Plaintiff Miyuki Ariga (left) speaks at a news conference along with her lawyer, Yoshitomo Morohashi, after filing a lawsuit at the Tokyo District Court on Monday.
Kishida defends planned rule to revoke foreigners' residency
Prime Minister Fumio Kishida speaks during a meeting of the Lower House Judicial Affairs Committee on Wednesday.
Human bone-like objects found at Nippon Steel plant’s molten iron pot, with one worker missing
Police believe it’s highly possible that human bones found in a molten iron pot at Nippon Steel's Oita factory belong to a missing male employee.
Was Onosato's defeat of Terunofuji an era-defining bout?
Onosato (right) defeats Terunofuji at the Ryogoku Kokugikan in Tokyo on May 12. While nothing in sumo is guaranteed, it seems almost inevitable that Onosato is destined for the top of the sport's pyramid.
Man suspected of using smart glasses to cheat on Waseda University exams
The Waseda University campus in Tokyo. An 18-year-old male test-taker is suspected of using smart glasses to cheat during the university's entrance exam.
Japanese rap creates its mecca in Pop Yours
Tokyo-based artist Jumadiba says he forgoes the label of simply “rap” for his music because the Japanese rap scene isn’t confined to a particular sound.
Who’s toughest on China? Biden’s tariff tactic ups ante as election looms.
U.S. President Joe Biden speaks about new actions to protect American workers and businesses from China's "unfair" trade practices, in the Rose Garden of the White House in Washington on Tuesday.
Was Onosato's defeat of Terunofuji an era-defining bout?
Onosato (right) defeats Terunofuji at the Ryogoku Kokugikan in Tokyo on May 12. While nothing in sumo is guaranteed, it seems almost inevitable that Onosato is destined for the top of the sport's pyramid.
Ishin struggles to set itself apart from other parties
Nippon Ishin no Kai Secretary-General Fumitake Fujita (right) speaks beside Yui Kanazawa, the party's candidate in the Tokyo 15th district by-election on April 28. Nippon Ishin lost in this by-election as well as another in Nagasaki held on the same day.
In Japan, 68,000 people over 65 projected to die alone at home this year
As Japan grapples with its population's rapid aging, supporting people who live and age alone is looming larger on the policy agenda.

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