Because Japan is a major manufacturer of sophisticated electrical components, the automotive and electronics industries have been hit particularly hard by supply chain disruptions. A number of companies, such as GM, Toyota, Nissan and others, have experienced shortages and have had to slow down production and, in some cases, shut down factories. Other companies suffered physical damage to their facilities and had to repair them, resulting in shortages and delays for their customers.
(Chubb & Son)
Was this article valuable?
Here are more articles you may enjoy.
Lloyd’s Market Engaging With US Government Over Gulf Maritime Plan, Officials Say
New York Taxi Insurer Failed to Defend Uber in Crash Cases, Judge Says
Zurich Insurance and Beazley Agree to $10.9B Cash Acquisition
How State Farm, USAA Boost Customer Retention: Historic Dividends 


