Update: Major Japan Quake Topples Buildings, Killing Nearly 50 People January 2, 2024 By Erica Yokoyama and Jon Herskovitz The death toll from a powerful earthquake that toppled buildings in the Noto Peninsula on Japan’s northwest coast rose to...
Japan Orders 4 Non-Life Insurers to End Anti-Competitive Business Practices December 27, 2023 Japan ordered four major non-life insurance companies to improve business practices in connection with anti-competitive activity that aimed to keep...
Buffett Watchers Tout Japan Insurers, Banks as Next Potential Value Targets October 13, 2023 By Aya Wagatsuma and Akemi Terukina Warren Buffett’s buying of Japanese trading firms helped propel the nation’s stocks to multi-decade highs. Six months on, insurers and...
Japan Casualty Insurers’ Shares Sink on Concerns Over Suspected Price Fixing August 2, 2023 By Taiga Uranaka and Nao Sano A price-fixing scandal at Japan’s biggest casualty insurers is escalating following a media report that the suspected collusion is likely...
Japanese Used-Car Exec to Step Down After Revelations of Fraudulent Insurance Claims July 26, 2023 By Hideki Suzuki and Nao Sano The president of Japanese used-car dealership Bigmotor Co. Ltd. said he will step down after revelations of fraudulent insurance claims...
Japan’s Top Court Rules Government Restrictions on Transgender Employee’s Use of Restrooms Illegal July 13, 2023 By Mari Yamaguchi Japan’s Supreme Court ruled Tuesday that restrictions imposed by a government ministry on a transgender female employee’s use of restrooms...
Gallagher Launches Brokerage in Japan, Led by 2 Former Marsh Execs April 20, 2023 Gallagher has launched an insurance brokerage in Japan, which specializes in insurance solutions to both commercial clients and wholesale facultative...
Japan Insurers to Maintain Cover for LNG Vessels in Russian Waters December 30, 2022 By Ritsuko Shimizu and Yuka Obayashi Japanese insurers are expected to maintain marine war insurance, which covers the sinking and requisition of ships due to war...
How Will Japan Secure Shipping Insurance for Imports of Russian LNG? December 29, 2022 By Yuka Obayashi Japan, the world’s top liquefied natural gas (LNG) importer, is facing its latest challenge in securing vital gas supplies from...
Japan’s LNG Buyers Assess How Insurance Halt Will Affect Supplies December 27, 2022 By Shoko Oda and Tsuyoshi Inajima Japan’s buyers of Russian liquefied natural gas are assessing how imminent changes to shipping insurance — triggered by the ongoing...