Tag - insurance

 
 

INSURANCE

Japan Times
WORLD
May 21, 2023
Heat insurance offers climate change lifeline to poor workers
This form of disaster assistance is on the rise across the developing world, as vulnerable communities are hammered by worsening drought, storms and heat waves.
Japan Times
BUSINESS
May 3, 2023
Here are five ways finance is trying to de-risk heat waves
From heatstroke insurance to plans that reimburse dairy farmers when cows are too hot to produce milk, a new wave of products may help communities.
Japan Times
JAPAN / Regional voices: Chubu
Apr 24, 2023
Integration of My Number and health insurance cards accelerating
Concerns remain among medical and welfare workers who worry about the possibility of people who don’t own My Number cards having difficulty seeing a doctor.
Japan Times
JAPAN / Science & Health
Apr 20, 2023
Japan health insurance societies to log record loss in fiscal 2023
The National Federation of Health Insurance Societies, or Kenporen, said that its member societies are expected to log a record loss in fiscal 2023.
Japan Times
BUSINESS / Markets
Apr 18, 2023
Japan insurer to sell all currency-hedged foreign debt as costs rise
The strategy, among the first to be disclosed by Japanese life insurers this fiscal year, may foreshadow a renewed wave of selling by some of the biggest investors in global bond markets.
Japan Times
JAPAN
Apr 6, 2023
Japan weighs raising social insurance premiums to help tackle falling birthrate
Several trillion yen is expected to be necessary to implement all items in a draft package of measures for addressing the country's low birthrate released last week.
Japan Times
JAPAN
Apr 5, 2023
Japan insurer to offer policy against bullying
While financial losses are likely not a parent's first concern should their child be bullied, a new insurance policy to be made available later this year will attempt to ease those worries.
BUSINESS
Dec 30, 2022
Japan insurers to continue marine war coverage near Russia after government steps in
The insurers changed tack after warning policyholders last week of a halt to the insurance coverage from the start of 2023.
Japan Times
BUSINESS
Dec 28, 2022
Japan asks insurers to retain marine war cover for LNG shippers in Russian waters
The Financial Services Agency and Agency for Natural Resources and Energy made the rare request in a joint letter to the country's general insurance association.
Japan Times
BUSINESS
Dec 24, 2022
Japan firms to stop insuring ships in all Russian waters
Tokio Marine & Nichido Fire Insurance, Sompo Japan Insurance and Mitsui Sumitomo Insurance started notifying shipowners about their decision on Friday, a report said.
Japan Times
BUSINESS / Companies
Nov 27, 2022
Citing pandemic, seven Japanese life insurers incur April-September loses
Insurance payments ballooned as life insurers distributed hospitalization benefits to a wide range of policyholders infected with the coronavirus.
BUSINESS
Oct 25, 2022
Insurers offer to protect Japan firms from losses due to parental leave
Companies that meet certain conditions set by the insurers are eligible for compensation related to hiring costs incurred should an employee take childcare leave.
JAPAN
Oct 12, 2022
Japan to scrap health insurance cards around autumn 2024
The move comes as the government aims to increase the use of My Number cards, and digital minister Taro Kono is expected to make an announcement on the matter as early as Thursday.
JAPAN
Sep 2, 2022
Insurers in Japan to narrow scope of COVID-19 benefits
The move reflects the health ministry's shift to requiring detailed infection reports only on cases involving people with high risks of developing severe symptoms.
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.
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
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.

Longform

Mount Fuji is considered one of Japan's most iconic symbols and is a major draw for tourists. It's still a mountain, though, and potential hikers need to properly prepare for any climb.
What it takes to save lives on Mount Fuji