Latest Japan Headlines
All the headlines from our Japan Topic Page, ordered by recency.
Guy Carpenter Appoints Former Gen Re Exec Toffanello as Head of Japan
Dec 8 2020 // Guy Carpenter & Co., the reinsurance specialist and a business of Marsh & McLennan Cos., announced the appointment of Pietro Toffanello as head of Japan in Q1 2021. In this role, Toffanello will be responsible for...
AXIS Re Hires Willis Re’s Bangs as Head of Japan
Dec 2 2020 // AXIS Re, the reinsurance business segment of AXIS Capital Holdings Ltd., announced the hiring of David Bangs as head of Japan. Bangs joins AXIS Re from Willis Re Singapore where he served as executive director. Prior to...
Japan Electric Company Gets Local Approval to Restart Nuclear Reactor
Nov 12 2020 // Japan’s Tohoku Electric Power said on Wednesday it had received the green light from a local governor to restart one of its nuclear reactors, nearly a decade after it was damaged in the earthquake and tsunami that...
Japan’s Largest Airport Opens COVID-19 Testing Lab for Departing Travelers
Nov 2 2020 // TOKYO — Japan’s largest airport opened a novel coronavirus testing facility on Monday as it takes steps to reopen international travel that has been largely grounded for months by the pandemic. The Narita...
The Next Global Economic Threat Is an Aging Population: Opinion
Oct 28 2020 // While the world wrestles with a deadly pandemic and how to confront climate change, there’s another, long-term global challenge that no one really knows how to deal with: population aging. As the human race...
Japan to Take Countermeasures to Prevent Cyber Attacks from Derailing Tokyo Games
Oct 20 2020 // Japan said on Tuesday it would take countermeasures to ensure next year’s Tokyo Olympics are not derailed by cyber attacks after Britain and the United States accused Russia of orchestrating efforts to disrupt the...
Reinsurance Experience in Africa, Asia Sets MGA Tempo Underwriting Apart
Sep 29 2020 // Tom Bailey, executive director of Tempo Underwriting, has a theory about what it takes to build a business based on the reinsurance MGA model. “For a reinsurance MGA to be successful and to have a strong offering,...
New York, California Could be Fastest Growing States for Renewables
Sep 24 2020 // U.S. environmental policies will drive long-term demand for renewable energy, Moody’s Investors Service said in a new report. The report depicts a “a credit positive for renewable energy developers” in...
Chubb Appoints Sosa to Lead Operations in Japan
Sep 11 2020 // Chubb Limited announced that Diego Sosa has been named regional president, Far East. Currently, chief operating officer for Chubb in Brazil, Sosa in his new role will have overall responsibility for the management and...
Japan Offers Mauritius ‘Unprecedented’ Support in Oil Ship Accident
Sep 8 2020 // Japan has told Mauritius it would offer support on an “unprecedented scale,” Foreign Minister Toshimitsu Motegi said on Monday, after a Japanese-owned ship struck a coral reef off the country’s southeast...
More Than 40 Crew Members Missing After Ship with 6,000 Cattle Capsizes Off Japan
Sep 3 2020 // More than 40 crew members were missing after a ship carrying cattle from New Zealand to China capsized in stormy weather in the East China Sea, the Japanese coastguard said on Thursday. A lone crew member from the Gulf...
Coronavirus Erodes Countries’ Economic Resilience; Global Insurance Gaps Widen
Aug 26 2020 // The COVID-19 pandemic is expected to reduce global macroeconomic resilience by about 20% in 2020 from 2019 levels as stimulus packages deplete countries’ fiscal and monetary buffers around the world. At the same...
Japan Ship Behind Oil Spill in Mauritius Deviated From Regular Shipping Lane
Aug 21 2020 // The Japanese-owned bulk carrier that ran aground off Mauritius and spilled oil over pristine waters and fragile coral reefs diverted more than 100 kilometers from a regular shipping lane, data from a maritime analysis firm...
Japanese Lunar Exploration Firm ispace Raises $28M and Inspires Moon Insurance
Aug 20 2020 // The Japanese lunar exploration firm, ispace, which is developing spacecraft to carry people to the moon, just raised $28 million from the four organizations for its Series B investment round. The firm, which aspires to be...
Mauritius Arrests Captain of Japanese Oil Spill Ship
Aug 19 2020 // Mauritius has arrested the captain of a Japanese bulk carrier that ran aground off its coast, causing a devastating oil spill in one of the world’s most pristine maritime environments, police said on Tuesday. The MV...
Japanese Bulk Carrier Splits Apart as Mauritian Authorities Work to Contain Oil Spill
Aug 17 2020 // A Japanese bulk carrier that ran aground on a reef in Mauritius last month threatening a marine ecological disaster around the Indian Ocean island has broken apart, authorities said on Saturday. The condition of the MV...
Explainer: Assessing Liabilities from Massive Mauritius Oil Spill
Aug 14 2020 // A Japanese bulk carrier struck a coral reef off the Indian Ocean island nation of Mauritius on July 25, spilling about 1,000 tonnes of fuel oil and triggering a state of “environmental emergency.” Scientists...
California Labor Commissioner Reaches $2.6M Settlement with Restaurant
Aug 13 2020 // The California Labor Commissioner has reached a $2.6 million settlement with the owners of Kome Japanese Seafood & Buffet in Daly City, securing compensation for 133 workers for unpaid minimum wage, overtime and split...
Oil Leak from Cargo Ship Pollutes Mauritius Beaches as Insurers Assess Liability
Aug 11 2020 // The oil cleanup from a leaking cargo ship that ran aground off the coast of Mauritius continues while the government and insurance firms begin probing liability for the accident. The incident has befouled the white-sand...
Japan Government Urges Firms to Aim for 70% Telecommuting as COVID Cases Surge
Jul 30 2020 // Japan’s economy minister said on Monday [July 27] the government would urge businesses to aim for 70% telecommuting and enhance other social distancing measures amid a rise in coronavirus cases among workers, some...
