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Japanese Insurers Struggle with Climate Change Cost Estimates

Jun 25 2021 // TOKYO – As the world tries to price the cost of climate change, Japan’s second largest non-life insurer MS&AD foresees the potential rise in claim payments in 2050 to be anywhere between 5% to 50% from current...

Hack of Leading Japanese Dating App Could Expose Personal Data of 2 Million Users

May 24 2021 // A leading Japanese matchmaking app was hacked, likely exposing the personal information of more than 1.7 million account holders, in the latest high-profile online attack. Net Marketing Co., which runs the Omiai dating...

Japan Post’s Insurance Unit to Buy Back About $4 Billion of Shares

May 14 2021 // Japan Post Holdings Co.’s insurance unit plans to buy back up to 29% of its shares for about 439.8 billion yen ($4 billion) as its parent company reduces its stake, giving the insurer more freedom to expand its...

Chinese Military Reported to Be Behind Japan Cyber Attacks

Apr 21 2021 // China’s military is thought to have instructed a hacker group to conduct cyber attacks on nearly 200 Japanese research institutions and firms, public broadcaster NHK reported, citing unidentified people in a police...

Japan Chipmaker Renesas Says Normal Production at Fire-Hit Plant to Take 100-120 Days

Mar 30 2021 // TOKYO – Japanese chipmaker Renesas Electronics said on Tuesday it would take at least 100 days to get back to normal production at its fire-hit plant, even as the government urged some Taiwanese companies to help with...

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