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July 05, 2025
 

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INSURANCE

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.
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
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.
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.
Japan Times
BUSINESS
Jul 8, 2020
Japan nonlife insurers to raise premiums 6-8% in wake of disasters
Four major Japanese nonlife insurers plan to raise their fire insurance premiums for homes by a national average of 6 to 8 percent in January 2021, sources said Wednesday.
JAPAN
Mar 28, 2020
Flying low: The battle over Tokyo’s airspace
Haneda Airport's new flight paths commence despite concerns from aviation experts and public opposition.
Japan Times
BUSINESS / Companies
Mar 13, 2020
Japan Post group to halve recruits in 2021 after insurance scandal
Japan Post Holdings Co. plans to hire 2,055 new graduates in April 2021, less than half of some 4,300 slated to start working for the postal service group next month.
BUSINESS / Companies
Feb 28, 2020
Over 1,400 Japan Post workers improperly sold insurance products, probe finds
The Japan Post Holdings Co. group said Thursday it had confirmed Japan Post Insurance Co. products were sold improperly by 1,447 post office workers.
BUSINESS / Companies
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.
Japan Times
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.
JAPAN / Media / MEDIA MIX
Jan 11, 2020
Japan Post Holdings drags its heels on insurance sales scandal
On Dec. 27, the top three executives of Japan Post Holdings Co. announced they would be resigning on Jan. 5 over the insurance sales scandal that first came to light more than a year and a half ago. The announcement comes on the heels of an order from the Financial Services Agency for subsidiaries of...
BUSINESS / Companies
Jan 10, 2020
New Japan Post chief vows to probe leak from ministry on insurance scandal
Hiroya Masuda, the new president at Japan Post Holdings Co., vowed Thursday to investigate a leak to the group of information about administrative punishments that were under consideration in relation to its improper sales of insurance products.
Japan Times
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 hopes.
BUSINESS
Dec 16, 2019
Irregularities suspected in sales of around 10,000 Japan Post insurance policies
The number is far bigger than the 6,327 contracts highlighted in an interim report in September on inappropriate sales practices at the group.
Japan Times
BUSINESS
Dec 11, 2019
U.S. Supreme Court justices lean toward insurers over $12 billion in Obamacare claims
U.S. Supreme Court justices on Tuesday appeared sympathetic to claims made by health insurers seeking $12 billion from the federal government under a program set up by the Obamacare law aimed at encouraging them to offer medical coverage to previously uninsured Americans.
WORLD
Dec 5, 2019
Pirates board supertanker off Nigeria and kidnap 19 crew members
Pirates boarded a fully loaded supertanker off the coast of Nigeria, an act that is sure to ring alarm bells for insurers about the risk of collecting oil from Africa's biggest producer.
A prophesied disaster (likely) won’t strike Japan this weekend
A viral manga prediction of a July 5 disaster has gripped Japan with anxiety and triggered an economic impact, but experts warn that while such dates are unreliable, the threat of a massive earthquake remains real. 
Magnitude 5.5 earthquake jars Tokara Islands amid flurry of seismic activity
A strong quake struck off the Tokara Islands on Thursday afternoon, with the island chain having recorded around 1,000 earthquakes since a burst of seismic activity first began on June 21.
Japan to require flight passengers to keep power banks within sight
The transport ministry has announced new regulations requiring flight passengers to keep power banks within sight to mitigate fire risks while on board planes.
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Residents of Tokara Islands begin evacuation as seismic swarm continues
Details about evacuations from Akuseki Island, located in the Tokara island chain in Kagoshima Prefecture, is seen written on a whiteboard in the city of Kagoshima on Thursday.
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Flag football facing challenges and opportunities ahead
Japan’s women’s flag football team at the 2025 International Bowl in Los Angeles in June. The sport is enjoying continued growth in the country.
From Hokusai’s Great Wave, shinkansen to One Piece: a cultural treasure box for Lego Japan
Michael Ebbesen, general manager of Lego Japan, says Lego bricks based on Japanese culture have a rich global appeal and are sellable around the world.
With farmed fish, RelationFish swims against the tide in fine dining
Chef Hideaki Matsuo (middle) and the staff of Oseto Suisan Fisheries prepare to check on their sustainably farmed fish.
As Southeast Asia heats up, a Japanese cooling giant sees a major opportunity
An employee of Daikin Cambodia explains the use of different tools during an air conditioner installation training session in Phnom Penh. Daikin is one of Japan’s oldest air conditioning companies, but as Japan’s population falls, the firm is keying in on overseas growth.

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