Latest Japan Headlines
All the headlines from our Japan Topic Page, ordered by recency.
Japan Post’s Bank & Insurer IPO’s Priced at ‘Top of Range’
Oct 19 2015 // State-owned Japan Post on Monday set prices for separate initial public offerings of its bank and insurance arms at the top of their ranges, indicating strong demand from retail investors for businesses valued at a...
Will This Earthquake Cause Damage? Tips to Think Like a Seismologist!
Oct 14 2015 // This post is part of a series sponsored by CoreLogic Earthquakes have the potential to cause major destruction and disruption to society. Damage caused by earthquakes can be catastrophic and can have both a humanitarian...
Japan Post’s IPO Fully Subscribed After Two Days; at Least $10B to Be Raised
Oct 14 2015 // Japan’s government received orders for all the shares it’s offering in Japan Post Holdings Co. and its banking and insurance units after the first two days of bookbuilding, people with knowledge of the matter...
Canopius Appoints Bailey as Global Head of Accident & Health
Oct 13 2015 // Canopius Group AG* announced the appointment of Scott Bailey as global head of Accident & Health, effective immediately. Bailey will lead the development of Canopius’s global A&H strategy as part of the...
Japan Post’s IPO Listings – Which Include Insurer Unit – Could Raise Nearly $12B
Oct 7 2015 // State-owned Japan Post on Wednesday set indicative price ranges for a trio of initial public offerings in what it hopes to make a ‘must-have’, $12 billion privatization, Japan’s biggest in three...
Underinsurance of Property Is Growing Global Challenge: Swiss Re Report
Oct 5 2015 // The underinsurance of property risk – particularly natural catastrophe risks – has risen steadily over the past 40 years, even though claims payments have increased significantly during that period, according to Swiss...
Canopius Appoints Turner as Head of Specie
Oct 2 2015 // Canopius Group* AG today announces the appointment of Philip Turner as head of specie, effective immediately. Turner joins from Marsh where he has led its specie practice for the past 20 years. He will report to Joyce...
Dujuan Strengthens; Threatens Ryukyu’s, Japan,Taiwan, China: AccuWeather
Sep 25 2015 // AccuWeather has reported that Tropical Storm Dujuan is on track to strengthen into a powerful typhoon with Japan’s Ryukyu Islands in its path and mainland Japan, Taiwan and eastern China on alert for potential...
Underinsurance of Property Is Growing Global Challenge: Swiss Re Report
Sep 15 2015 // The underinsurance of property risk – particularly natural catastrophe risks – has risen steadily over the past 40 years, even though claims payments have increased significantly during that period, according to Swiss...
Canopius & Sompo Form Global Reinsurance Unit, Sompo Canopius Re
Sep 14 2015 // Canopius Group AG* announced the formation of an integrated global business unit to manage the assumed reinsurance business previously written separately by Canopius and Sompo Japan Nipponkoa Insurance Inc. The business...
Japan Flooding After Record Rains Leaves 3 Dead, 23 Missing
Sep 11 2015 // Three people died and 23 were missing in floods after record rains burst the banks of two rivers in Japan in two days, public broadcaster NHK said. The Shibuigawa river in Miyagi Prefecture, an area hit by the record 2011...
Heavy Rains Cause Floods in Japan; Thousands Evacuated; Fukushima Leak
Sep 10 2015 // A city near Tokyo declared a state of emergency and ordered thousands of residents to evacuate after torrential rain caused severe flooding. The storm caused contaminated water from the wrecked Fukushima nuclear plant to...
Mitsui Sumitomo to Buy Amlin for $5.3B, Latest in Japanese Overseas Deals
Sep 8 2015 // MS&AD Insurance Group Holdings Inc. agreed to buy Lloyd’s of London insurer Amlin plc for about 3.47 billion pounds ($5.3 billion), joining an overseas deal spree by Japanese peers. Amlin shares surged. The...
Japan’s Mitsui Sumitomo Preparing to Buy Amlin: Report
Sep 7 2015 // Japan’s Mitsui Sumitomo Insurance Co. is in talks to buy Lloyd’s of London insurer Amlin Plc in a deal that could be announced as soon as Tuesday, according to a person with knowledge of the matter. The...
Typhoon Goni Makes Landfall on Japan, Causing Injuries, Evacuations
Aug 25 2015 // Typhoon Goni made landfall on Japan’s southernmost main island of Kyushu, causing injuries and prompting evacuation orders. Cancellations of airline and train service affected thousands of people. Goni, which had...
Typhoons Goni & Atsani Moving Toward Taiwan, Japan, Korea: AccuWeather Report
Aug 18 2015 // The AccuWeather Global Weather Center reports that two typhoons, currently located in the Eastern Pacific Ocean will strengthen further in the coming days, as one or both could become super typhoons. Typhoon Goni battered...
AIG Focuses on Integrating Japan Businesses, Rather Than Additional M&As
Aug 5 2015 // American International Group Inc. plans to sit out the unprecedented wave of insurance industry deal-making and instead focus on integrating businesses in Japan. The timetable for merging AIU with Fuji Fire & Marine...
Negotiators Fail to Reach Pacific Trade Pact; More Talks Expected
Aug 3 2015 // High-level negotiations in Hawaii on a trade agreement in the Pacific Rim wrapped up without a final deal as disagreements over dairy and vehicle policies trumped progress in other areas. The dialogue may resume within...
Japan Earthquake Premiums to Rise as Insurers Reassess Risk After Fukushima
Jul 30 2015 // Japan’s insurance companies are pushing for an average 19 percent increase in earthquake premiums as they reassess risk following the unprecedented magnitude 9 quake four years ago. The increase could come into...
Tropical Storm Nangka Batters Japan with Heavy Rain, High Winds: AIR Report
Jul 20 2015 // Catastrophe modeling firm AIR Worldwide’s report on Typhoon Nangka notes that it “made landfall July 16, 2015, at 23:07 Japan Standard Time (JST) (14:07 UTC) with a central pressure of 965 mb near Muroto City,...
