Latest Japan Headlines
All the headlines from our Japan Topic Page, ordered by recency.
S&P Reports Japanese Insurers Facing Increasing Scrutiny
Feb 23 2007 // Standard & Poor’s Ratings Services said in a new report that the risk management practices and internal control policies of Japan’s insurers are coming under increasing scrutiny following a series of...
Willis Taps into Supercomputer to Analyze Climate Change, Nat Cats
Feb 13 2007 // The Willis Research Network (WRN) “has joined forces with internationally renowned universities to harness the immense power of the NEC Earth Simulator in Yokohama, Japan to help insurers understand the frequency and...
Marsh Names Wendin to Head Japan Client Services in EMEA
Feb 1 2007 // Marsh has appointed Rob Wendin to lead its Japan Client Services team in Europe, Middle East and Africa (EMEA). He will also continue to head Marsh’s Healthcare Practice in those regions. “In his expanded role,...
Best Affirms Mitsui Sumitomo ‘A+’ Ratings
Jan 30 2007 // A.M. Best Co. has affirmed the financial strength rating of “A+” (Superior) and the issuer credit rating of “aa” of Japan’s Mitsui Sumitomo Insurance Company Limited (MSI) with a stable...
Hawaii Commissioner Talks with Japanese, Chinese Governments
Jan 23 2007 // Hawaii State Insurance Commissioner J.P. Schmidt will be among the U.S. officials working with the governments of China and Japan to improve regulation in the financial services industries. According to the Hawaii...
Hawaii issues captive license to MHC Insurance
Dec 25 2006 // The Hawaii Department of Commerce and Consumer Affairs Insurance Division has granted a captive license to MHC Insurance Co. Ltd., which participates in insuring the worldwide risks of its Japanese-related owners and...
Hawaii issues captive license to MHC Insurance
Dec 24 2006 // The Hawaii Department of Commerce and Consumer Affairs Insurance Division has granted a captive license to MHC Insurance Co. Ltd., which participates in insuring the worldwide risks of its Japanese-related owners and...
Wii-Call: Nintendo to Replace 3.2 Million Straps for Wii Remotes
Dec 18 2006 // Nintendo is issuing a product recall for its latest video game problem over a Wii problem. The reception of Nintendo’s Wii video game console has been enthusiastic — too enthusiastic, apparently, for the straps...
Hawaii Issues Captive License to MHC Insurance Co.
Dec 14 2006 // The Hawaii Department of Commerce and Consumer Affairs Insurance Division has granted a captive license to MHC Insurance Co. Ltd., which participates in insuring the worldwide risks of its Japanese-related owners and...
U.S., Japan agree to improve consumer product safety
Dec 10 2006 // The United States and Japan have agreed on guidelines designed to improve the safety of consumer products in the two countries, the U.S. Consumer Product Safety Commission said. Under the agreement, the two countries will...
U.S., Japan Sign Agree to Improve Consumer Product Safety
Dec 1 2006 // The United States and Japan have agreed on guidelines designed to improve the safety of consumer products in the two countries, the U.S. Consumer Product Safety Commission said. Under the agreement, the two countries will...
Unionbanc Insurance Services Expands to Pacific Rim
Nov 29 2006 // UnionBanc Insurance Services Inc., Fullerton, Calif., is expanding its focus to the Pacific Rim with the addition of Ted Ikuta, who joins the company’s Fullerton office as senior vice president. Ikuta has more than...
Crescent City Harbor Suffers Up To $700K in Tsunami Damages
Nov 17 2006 // The National Weather Service lifted a tsunami advisory hours before powerful waves damaged docks and tore boats from their moorings in Northern California. Forecasters said they were wary of causing chaos along the...
Tsunami Waves Minimal after Undersea Japan Quake
Nov 16 2006 // A strong undersea earthquake south of the Kuril Islands off Japan’s northwest coast, which measured up to 8.1 on the Richter Scale, failed to produce any significant tsunami’s Following the quake, warnings went...
Japan’s Courts Recognizing Intellectual Property Right of Employees
Oct 22 2006 // Japan’s Supreme Court recognized the intellectual property rights of employees who invent products in a landmark ruling last week, ordering Hitachi to pay 163 million yen ($1.4 million) to a former worker. The court...
Euler Hermes Finds ‘Imbalances’ Could Slow Growth of Global Economy
Sep 26 2006 // Euler Hermes ACI, the US subsidiary of the Euler Hermes group, a global credit insurance provider, has issued its latest analysis of the global economy which concludes that although the IMF outlook remains positive,...
Nissan Testing Safety System That Beams Warnings to Drivers
Sep 19 2006 // Drivers worried about missing a red light or being hit by cars darting out from hidden alleys in Japan may receive assistance from new technology being developed by Nissan. All the world’s automakers are working on...
Best Affirms Toa Re ‘A+’ Ratings
Sep 19 2006 // A.M. Best Co. has affirmed the financial strength rating of “A+” (Superior) and the issuer credit rating of “aa-” of Japan’s Toa Reinsurance Company, Limited; however, the rating outlook is...
AXA Gives Donnet Greater Role in Japan, Asia-Pacific; Penn to Head Australia/NZ
Aug 17 2006 // France’s AXA Group has appointed Philippe Donnet to the position of AXA Group Regional CEO – based in Singapore – to oversee AXA’s principal insurance businesses in the Japan & Asia-Pacific...
Toyota Officials Being Investigated in Alleged Recall Negligence
Jul 12 2006 // Three Toyota officials are under a criminal investigation on suspicion of professional negligence in allegedly shirking recalls for eight years and not fixing a defect that may have caused an accident, Japanese police said...
