Country: Japan Page 29 / 40
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- September 28 2018
Anbang to sell $200m worth of Japanese assets
The bidders include the previous owners, Blackstone, who sold the portfolio two years ago.
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- September 26 2018
Japan flood claims hit US$1.5bn
The flooding in July was prompted by extreme levels of rainfall.
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- September 11 2018
Typhoon Jebi losses could reach US$4.5bn
The typhoon Jebi, which made landfall on September 4, was the strongest to hit Japan in 25 years.
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- September 5 2018
Dai-ichi Life confirms purchase of Suncorp’s life arm
Japan’s Dai-ichi Life to pay A$640 million (US$460 million) for the Australian life firm.
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- August 16 2018
Japanese majors lose billions to floods, rains
The extreme rainfall and flooding in July have taken a toll on MS&AD, Tokyo Marine and Sompo.
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- July 11 2018
Japan insurers to waive premium payments for flood victims
Four companies are offering a six-month waiver to those affected by the torrential rains in western Japan.
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- July 9 2018
Record rainfall slams southern Japan
The rain is forecast to continue for the next couple of days and many landslide warnings have been issued.
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- June 18 2018
Japanese life insurers post best profits in decades
Despite facing low interest rates for more than 20 years, the major insurers remain profitable.
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- June 6 2018
Japanese life firms rush to Australia for growth opportunities
Strong prospects Down Under are being driven by a growing population and a mature economy.
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- May 28 2018
Japanese insurers’ efforts to combat climate change still inadequate
Investment strategies are still not in accord with the Paris Agreement goals and progress has been very slow.
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- May 10 2018
World Bank inks risk-sharing deal with Nexi
The bank's political risk insurance arm has agreed to share risk in Japanese investments in developing countries.
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- April 30 2018
Japan to partner with SEA nations on disaster insurance
The South-East Asia Disaster Risk Insurance Facility will make recovery funds immediately available.
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- April 26 2018
Majority of Japanese health insurance societies loss-making
Of the 1,389 health insurance societies, more than 60% are expected to end the fiscal year in the red.
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- April 17 2018
Nippon Life commits US$94m to fintech investment
Japan’s biggest private insurer has said that it will invest in fintech and so-called “insurance+α” areas.
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- April 12 2018
Sompo International creates retail platform for global integration
The group envisions bringing all its international businesses outside Japan under the ownership of one unit by 2020.
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- March 23 2018
Japan cat pricing unmoved
Last year’s huge nat-cat losses in the US do not appear to be pushing prices up in Asia.
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- March 23 2018
Six Japanese life insurers consolidate pension businesses
The move is aimed at combatting the effects of the government’s persistent, low interest rate policy.
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- March 19 2018
Japan to help develop Myanmar’s insurance sector
Prime minister Shinzo Abe made the commitment during the Myanmar-Japan Joint Economic Conference.
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- March 15 2018
Nippon Life buys 5% stake in Deutsche asset management unit
The Japanese insurer is expected to invest around US$375m in DWS Group and get a seat on the board.
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- March 5 2018
Nippon Life eyes majority stake in MassMutual for US$980m
The 85% stake will add a bigger branch network to the Japanese insurer's traditional female agency force.