Latest Japan Headlines

All the headlines from our Japan Topic Page, ordered by recency.

China’s Move to Curb Overseas Deals Designed to Avoid Japan-Style Bust

Aug 3 2017 // President Xi Jinping’s top economic adviser commissioned a study earlier this year to see how China could avoid the fate of Japan’s epic bust in the 1990s and decades of stagnation that followed.The report...

Weakening Typhoon Noru Could Hit Japan This Weekend

Aug 2 2017 // A typhoon that briefly strengthened into the Northern Hemisphere’s strongest storm of the year has lost much of its punch but could still hit Japan by this weekend.Typhoon Noru was packing maximum sustained winds of...

RMS Launches New Models for Tropical Cyclone & Earthquake in Asia Pacific

Jul 12 2017 // RMS, the Newark, Calif.-based risk modeling and analytics firm, has introduced typhoon models for wind and flood for South Korea and Taiwan, plus four new earthquake models for Singapore, Malaysia, Thailand and...

Takata Bankruptcy Filing Could Happen Next Week in Japan

Jun 16 2017 // Takata Corp. plans to file for bankruptcy as soon as next week, paving the way for a sale of the 84-year-old Japanese air-bag maker behind the biggest safety recall in automotive history.The supplier is expected to seek...

Japan Readies Strategy for Drones, Autonomous Vehicles

May 30 2017 // Japan aims to finalize on June 9 plans to allow package delivery by drone sometime from 2020 and the commercialization of self-driving trucks by 2022, as it scrambles to breathe new life into its corporate sector, sources...

A.M. Best Places Ratings of Sompo Japan Canopius Re Under Review

May 23 2017 // A.M. Best has placed under review with developing implications the financial strength rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” of Zurich-based Sompo Japan Canopius Reinsurance...

AIG Completes Sale of Japanese Life Unit to FWD Group

May 2 2017 // American International Group announced it has successfully completed the sale of AIG Fuji Life Insurance Co. Ltd. (AFLI) to FWD Group, the insurance arm of Pacific Century Group.The terms of the deal, which was originally...

Hackers Target Japan’s Mobile Gamers to Access Their Employers’ Data

Apr 18 2017 // Gamers beware: hackers offering free virtual trinkets don’t care about your passwords or personal data, but your employer’s most closely guarded secrets.An employee at a Japanese high-tech company learned this...

Trov in California Closes $45M in Series D Financing for Insurtech

Apr 6 2017 // San Francisco, Calif.-based Trov announced that it has closed $45 million in Series D funding led by Munich Re/HSB Ventures, bringing its total funding to just over $85 million.All of Trov’s Series C investors...

On-Demand Insurance App Trov Grabs $45M Led by Munich Re/HSB Ventures

Apr 6 2017 // On-demand insurance provider Trov has $45 million in new capital to expand its operations, thanks to a Series D funding round led by Munich Re / HSB Ventures. The round brings Trov’s total funding to just over $85...

China’s Ping An to Invest $100M a Year in Japan in Diversification Bid

Mar 27 2017 // Ping An Insurance (Group) Co. plans to invest $100 million a year in Japanese companies as it seeks to diversify its investments outside of China.China’s second-largest insurer will put money with private equity...

Tepco & Japan Government Held Liable Over Fukushima Nuclear Disaster

Mar 17 2017 // A court in Japan on Friday ruled that Tokyo Electric Power (Tepco) and the government are liable for negligence in a case involving compensation for the Fukushima nuclear disaster, the first time the judiciary has ruled...

Sompo Canopius’ Mining Capacity Rises to $30M with Travelers Syndicate Support

Mar 7 2017 // Sompo Canopius AG announced that its heavy industry team has secured additional capacity for its mining cover from Travelers Syndicate 5000 at Lloyd’s.This takes full capacity for the mining portfolio up to US$30...

Takata’s $1 Billion Guilty Plea, Settlement with U.S. Includes Victims’ Fund

Feb 28 2017 // Japan’s Takata Corp. removed a major obstacle to its potential sale or restructuring, pleading guilty on Monday in a U.S. federal court to a felony charge as part of a $1 billion settlement that included compensation...

6 Years After Fukushima Disaster, Robots Continue Search for Radioactive Fuel

Feb 24 2017 // The latest robot seeking to find the 600 tons of nuclear fuel and debris that melted down six years ago in Japan’s wrecked Fukushima Dai-Ichi power plant met its end in less than a day.The scorpion-shaped machine,...

Zurich Insurance in APAC Creates New Commercial Insurance Structure

Feb 17 2017 // Zurich Insurance has created a new structure for its Commercial Insurance business in Asia Pacific (APAC), following the combination of its Global Corporate and Commercial units into a single division.“This...

26% of Natural Disaster Economic Losses in 2016 Were Insured: Aon Benfield Cat Report

Jan 17 2017 // Overall, just 26 percent ($54 billion) of overall economic losses caused by natural disasters worldwide during 2016 were covered by insurance as a higher percentage of damage occurred in areas with a lower insurance...

7.4 Earthquake off Coast of Fukushima Jolts Japan; Tsunami Alert Lifted

Nov 22 2016 // A powerful earthquake rocked northern Japan early on Tuesday, briefly disrupting cooling functions at a nuclear plant and generating a small tsunami that hit the same Fukushima region devastated by a 2011 quake, tsunami...

China’s Anbang Eyes $2.3B Purchase of Japanese Property Assets: Sources

Nov 21 2016 // China’s Anbang Insurance Group Co. is in talks to buy as much as $2.3 billion in Japanese residential property assets from Blackstone Group, two people involved in the discussions said, in what would be Japan’s...

ANZ’s Life Unit Attracts Interest from Suitors in Japan & Hong Kong: Sources

Nov 18 2016 // Australia and New Zealand Banking Group’s sale of its life insurance and wealth business, which has been valued at $3.33 billion by the bank, is attracting interest from Japan’s Meiji Yasuda and Hong Kong-based...