Japan Firms Have Done Little to Build Resilience Against Increasing Floods: Reuters Poll January 17, 2020 By Tetsushi Kajimoto and Izumi Nakagawa Japanese companies have contingency plans for the floods that increasingly drench this island nation, but most have done little to...
AXIS Capital’s Losses from Japan’s Typhoon Hagibis Estimated at $90M-$110M November 26, 2019 AXIS Capital Holdings Ltd. announced a preliminary pre-tax loss estimate for Japanese Typhoon Hagibis in the range of $90 million...
Japan’s Largest Insurers Take Another Hit from Typhoon Losses November 19, 2019 By Takahiko Wada A string of powerful typhoons that struck Japan has left scars on the country’s non-life insurers, with industry giants likely...
Typhoon Hagibis to Cost Japan’s Economy $10B, with Insured Losses in Billions: Aon November 8, 2019 Typhoon Hagibis is likely to become one of 2019’s costliest events, with economic costs of more than US$10 billion and...
Insured Losses from Typhoon Hagibis Estimated at $7B-$11B: RMS November 1, 2019 Insured losses stemming from Typhoon Hagibis in Japan are estimated to range between US$$7 billion and $11 billion, according to...
Typhoon Hagibis Likely to Cause Earnings Event for Japan’s Insurers: Fitch October 29, 2019 Typhoon Hagibis is likely to be an earnings event for Japan’s three main non-life insurance groups, MS&AD Insurance Groups Holdings,...
Reinsurers’ Earnings to Be Hit After 3rd Year of Major Claims: AM Best October 23, 2019 Reinsurers’ earnings are likely to see further erosion in 2019 after another year of major catastrophe losses, which is prolonging...
Insured Losses from Japan’s Typhoon Hagibis Estimated at $8B-$16B: AIR October 22, 2019 Insured losses from Typhoon Hagibis, which made landfall in Japan on Oct. 12, will be between 865 billion Japanese yen...
Typhoons Faxai, Hagibis Unlikely to Affect Stability of Japan’s Non-Life Insurers: AM Best October 18, 2019 The recent mega-typhoons in Japan are unlikely to affect the financial stability of the country’s three major non-life insurers due...
RenaissanceRe Estimates Third Quarter Natural Catastrophe Losses of $155 Million October 16, 2019 RenaissanceRe Holdings Ltd. announced it estimates losses from third quarter 2019 catastrophe events will have an estimated net negative impact...