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May 02, 2024
 

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INSURANCE

Japan Times
BUSINESS / Companies / Taking the Lead
Sep 17, 2018
For Lifull president Takashi Inoue, emerging tech and a touch of altruism are key to success
Takashi Inoue wants to transform his company, Lifull Co., into a one-stop shop for important lifestyle goods and services, where customers don't just make purchases but are able to get information about what they are buying as well.
BUSINESS
Sep 16, 2018
40% of Japan's health insurance societies seen posting losses in 2017; some may disband
Over 40 percent of the 1,394 health insurance societies set up for employees of large companies and their families are expected to report losses for fiscal 2017 ended March, sources said.
Japan Times
JAPAN
Sep 12, 2018
Probe into abuse of health insurance by foreigners in Japan stirs claims of prejudice
A government probe into alleged abuse of Japan's public health insurance system by foreign residents has sparked controversy, with critics claiming the investigation encourages prejudice against non-Japanese.
BUSINESS / Companies
Sep 4, 2018
Japan's Dai-ichi Life to buy Suncorp Life for $460 million
Dai-ichi Life Holdings Inc. said Tuesday it would buy Suncorp Life, an Australian life insurance unit of Suncorp Group, for 640 million Australian dollars ($460 million), the latest overseas expansion for a Japanese insurer grappling with a shrinking domestic market.
Japan Times
BUSINESS / Markets / FOCUS
Aug 22, 2018
Bank of Japan's threat to global bonds fizzles as Japanese insurers stay put
For all the frenzy over the Bank of Japan's first policy tweak in almost two years, little seems to have changed for the nation's insurers.
Japan Times
BUSINESS
Aug 19, 2018
Insurers bolster dementia insurance offerings as Japan grays
Insurers are competing to offer dementia insurance products and related services as Japan's population continues to rapidly gray.
BUSINESS
Aug 7, 2018
Japan eyes expansion of corporate pension and insurance schemes to cover more part-timers
The government plans to allow more part-time workers to join the corporate pension and health insurance programs, hoping it will reinforce the financial base for Japan's overall pension and health insurance systems, sources said Monday.
Japan Times
BUSINESS
Jul 24, 2018
Nippon Life to stop financing coal-fired power
Nippon Life Insurance Co. will no longer extend loans for, or invest in, coal-fired power plants due to environmental concerns, an official at Japan's biggest life insurer said, in the first such move by a major domestic institutional investor.
JAPAN
Jul 16, 2018
Alleged abuse of national health insurance system sparks probe into foreign patients
The government has launched a nationwide probe into allegations that foreign residents are abusing the public health insurance system.
Japan Times
BUSINESS
Jul 9, 2018
Insurers expect 'market disruption' after Trump suspends billions in Obamacare risk payments
Health insurers warn that a move by the Trump administration on Saturday to temporarily suspend a program that was set to pay out $10.4 billion to insurers for covering high-risk individuals last year could drive up premium costs and create marketplace uncertainty.
Japan Times
JAPAN / Society / Deep Dive
Jun 17, 2018
Travelers without insurance cause headaches for Japan's hospitals
Are you insured?
Japan Times
JAPAN
Jun 14, 2018
Japan adopts steps to support hospitals in treating foreign tourists
In recent years emergency hospitals in Japan have suffered financial losses after foreign tourists without insurance coverage found it difficult to pay fees for medical care.
Japan Times
JAPAN
Jun 12, 2018
Pet insurance market in Japan expanding with rise in life spans, veterinary bills
Just like people in Japan who continue to outlive people in other countries, their pets are developing longer life expectancies thanks to advances in medical science.
Japan Times
BUSINESS
Jun 6, 2018
Tokyo faces greatest risks to economic output of any global city, report says
Tokyo is the global city facing the highest risk to its annual economic output, due to its proximity to North Korea, according to an index compiled by the Lloyd's of London insurance market.
BUSINESS / Companies
May 23, 2018
Mitsui Sumitomo to buy 37.5% stake in Chinese life insurer
Mitsui Sumitomo Insurance Co. said Wednesday it will buy a 37.5 percent stake in a medium-sized Chinese life insurance company for 4.33 billion yuan ($675 million) to tap the world's third-largest insurance market.
Japan Times
JAPAN
Apr 5, 2018
Companies more willing to give their smokers a kick in the butts
Instead of letting employees light up as usual, Japanese companies are getting creative in encouraging their smokers to kick the habit, with some even introducing total bans or extra paid holidays for nonsmokers.
BUSINESS / Companies
Mar 13, 2018
Nippon Life to acquire 5% stake in Deutsche Bank unit and send representative to join new board
Nippon Life Insurance Co. said Monday it has inked a deal with Germany's Deutsche Bank to acquire a 5 percent stake in the company's asset management unit.
Japan Times
BUSINESS / Companies
Feb 8, 2018
SoftBank in talks to buy one-third stake in reinsurer Swiss Re as domestic rivals report record profits
SoftBank Group Corp. CEO Masayoshi Son is warming to an industry that's long been a favorite of billionaires looking to diversify their business empires.
Japan Times
BUSINESS
Jan 31, 2018
Berkshire, Amazon and JPMorgan bosses look to shake up U.S. health care market
It's no secret Jeff Bezos has been looking to crack health care. But no one expected him to pull in Warren Buffett and Jamie Dimon, too.
Japan Times
MORE SPORTS
Jan 27, 2018
Tiger makes cut with birdie on 18th hole
Tiger Woods acknowledged that his long game was poor in the second round at the Farmers Insurance Open, but said he was excited to make the cut and qualify for the final two rounds.
'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.

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