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May 02, 2024
 

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INSURANCE

EDITORIALS
Jul 14, 2019
Inappropriate sales by Japan Post Insurance
A probe must be conducted to get to the bottom of the scandal and steps taken to ensure it doesn't happen again.
Japan Times
BUSINESS / Companies
Jul 10, 2019
Japan Post Insurance admits mismanaging over 90,000 policies, including duplicate premium payments
Japan Post Insurance Co. has admitted mismanagement in connection with more than 90,000 insurance policies, the biggest scandal for the country's dominant postal group since its privatization in 2007.
Japan Times
BUSINESS / Companies
Jul 2, 2019
Sumitomo Life buys 25% stake in fintech startup Singapore Life
Sumitomo Life Insurance Co. has purchased a stake of about 25 percent in Singapore Life Pte. for $90 million in a drive to capitalize on the fintech startup's long-term growth.
Japan Times
JAPAN
Jul 1, 2019
Japan urges tourists to pick up travel insurance as hospitals complain of unpaid medical bills
Municipal and prefectural governments across Japan are launching campaigns urging foreign visitors to buy travel insurance as a surge in unpaid medical bills puts pressure on hospitals' budgets.
Japan Times
BUSINESS / Companies
Jun 25, 2019
Tokio Marine, which spent $17 billion on acquisitions, says there's more to come
Tokio Marine Holdings Inc. is seeking acquisition opportunities in Asian emerging markets and elsewhere as it seeks to double profits from those regions, according to the new chief of Japan's largest property-and-casualty insurer.
Japan Times
BUSINESS / Companies
Jun 24, 2019
Japan Post admits insurance and banking units engaged in improper sales to elderly people
Japan Post Holdings Co. said Monday its insurance and banking units repeatedly sold unsuitable insurance and investment trusts to elderly customers, prompting the financial watchdog to launch an investigation.
Japan Times
JAPAN
Jun 5, 2019
Japan's government plans for My Number ID cards to be used for health insurance by 2023
The government decided Tuesday to take more steps to enable people to use national identification cards in place of health insurance certificates at almost all hospitals by March 2023.
Japan Times
BUSINESS
Jun 5, 2019
After backlash, Trump U-turns on targeting U.K. health service in trade talks
U.S. President Donald Trump backtracked on comments that Britain's public health service should be on the table in future post-Brexit trade talks between the two countries, after Prime Minister Theresa May said some areas might be off-limits.
Japan Times
JAPAN / Science & Health
May 15, 2019
Health insurance in Japan to cover new cancer therapy that costs ¥33 million
The anti-cancer drug Kymriah will be produced by a Tokyo-based unit of Novartis AG and is expected to carry the highest price tag of any single drug in Japan.
Japan Times
JAPAN
May 15, 2019
Health insurance law revised to limit coverage to Japan residents
The Diet enacted a legislative revision Wednesday to make the national health insurance program largely applicable only to workers and their dependents residing in Japan.
Japan Times
BUSINESS / Companies
Apr 9, 2019
Japan's Dai-ichi Life Insurance gets green light to set up shop in Myanmar
Dai-ichi Life Insurance Co. has become one of five foreign insurers to obtain initial approval to enter the Myanmar market via a wholly owned subsidiary.
Japan Times
BUSINESS
Apr 7, 2019
Insurance industry to set guidelines to prevent 'genetic discrimination'
The country's insurance industry will establish guidelines banning life and medical insurers from collecting or using personal genetic information for decisions regarding eligibility for coverage and premiums to prevent "genetic discrimination," sources familiar with the matter said Saturday.
Japan Times
BUSINESS / Companies
Apr 5, 2019
Japan Post to sell up to 30% of outstanding shares in its insurance unit
Japan Post Holdings Co. said Thursday that it will sell up to 30 percent of its outstanding shares in subsidiary Japan Post Insurance Co. by the end of this month.
BUSINESS / Markets
Feb 25, 2019
For Japanese insurer Fukoku Mutual Life, this year's main danger is yen surge
The U.S. Federal Reserve's pivot from steady monetary tightening has forced a Japanese insurer to look at a pivot of its own.
JAPAN
Feb 15, 2019
Cabinet approves limiting health insurance coverage to residents of Japan
The Cabinet of Prime Minister Shinzo Abe approved a bill Friday that will make Japan's health insurance program for employees applicable only to workers and their dependents residing in the country, to prevent abuse by people from overseas.
Japan Times
MORE SPORTS
Jan 26, 2019
Justin Rose cards 6-under 66, pulls ahead at Farmers Insurance Open
World No. 1 Justin Rose shot a six-under-par 66 to open up a three-stroke lead at the Farmers Insurance Open in San Diego on Friday.
Japan Times
JAPAN
Jan 11, 2019
Japan panel to recommend ordinances mandating use of bicycle insurance
A transport ministry panel has agreed on a plan to call on local governments to pass ordinances aimed at obliging cyclists to use liability insurance.
Japan Times
BUSINESS
Nov 9, 2018
Bridge collapse costs Genoa companies €422 million in damages: Chamber of Commerce
The collapse of a bridge in Genoa, which claimed 43 lives, has cost companies in the Italian city around €422 million ($482 million) in damages, the Genoa Chamber of Commerce said.
Japan Times
JAPAN
Nov 7, 2018
Japan looks to crack down on abuse of health insurance system as it plans for foreign worker influx
Insurance under the social welfare system covers medical expenses not only of corporate workers but also their family members, who it does not currently require to be living in Japan.
Japan Times
JAPAN
Oct 11, 2018
Health ministry encourages firms to help workers plan for retirement
Company-run programs to help employees get a head start on preparing for retirement are flourishing in Japan as the country's average life expectancy continues to grow.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Did Japan intervene to prop up the yen? Analysts think it did.
A man walks past an electronic board displaying the exchange rate for the yen against the U.S. dollar (right) in Tokyo on Tuesday.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Number of vacant homes in Japan hits record high of 9 million
A vacant house in Tokyo is seen demolished in January 2020.
Weak yen fattens tourist wallets in Japan
People visit the Ameya Yokocho market in Tokyo's Ueno district during the Golden Week holiday on Tuesday.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.

Podcast

From easily navigable train stations to the helpfulness of its municipal staff, Tokyo has earned high praise for its commitment to accessibility for disabled travelers.
[Rebroadcast] Japan is doing better on accessibility than you may think

Longform

When trying to trace your lineage in Japan, the "koseki" is the most important form of document you'll encounter.
Climbing the branches of a Japanese family tree
By Alex K.T. Martin

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