All the headlines from our Japan Topic Page, ordered by recency.
Jan 26 2014 // Keynote speakers at a global insurance symposium scheduled for May in Des Moines, Iowa, will include high ranking insurance officials from Japan and India.Gov. Terry Branstad says Japan’s Vice Commissioner Masamichi...
Jan 17 2014 // Japanese crude buyers are set to switch back to private insurance providers for transportation of Iranian oil, after relief from some EU sanctions goes into effect next week, industry and government sources said.Under the...
Jan 15 2014 // Tokyo Electric Power Co. won the support of the government and banks for a plan to rebuild its business, the latest step in the recovery from the nuclear disaster three years ago that almost destroyed the company.The...
Dec 23 2013 // A.M. Best Co. has placed under review with developing implications the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Delaware-based Canopius US Insurance, Inc....
Dec 18 2013 // Tower Group International Ltd. said that it has paid $70 million that was outstanding to its Bank of America credit facility using proceeds from the sale of a stake in Canopius Group Limited.Tower Group, Inc., a wholly...
Dec 18 2013 // Sompo Japan Insurance Inc., a unit of Japan’s third-largest casualty insurer group by market value, confirmed earlier reports that it will buy Canopius Group Ltd. of the U.K. for 99.2 billion yen ($963 million) as it...
Dec 16 2013 // Sompo Japan Insurance Inc., a unit of Japan’s third-largest casualty insurer group by market value, is considering buying the U.K.’s Canopius Group Ltd. as it continues an overseas expansion.The acquisition is...
Dec 10 2013 // Ministers negotiating the 12-nation Trans-Pacific Partnership trade pact said today they would miss a year-end deadline to complete the deal.“We identified potential landing zones for the majority of key outstanding...
Dec 2 2013 // A pledge by world powers to ease ship insurance sanctions on some Iranian oil exports is likely to take months to come into effect due to complex law and regulation and to insurers’ unease over providing cover.A deal...
Nov 22 2013 // Envoys from 190 nations are close to agreeing upon the first building blocks for the next treaty aimed at fighting global warming, sketching the way to worldwide cuts in fossil-fuel emissions.The delegates, due to finish...
Nov 20 2013 // The world is getting further off track in limiting global warming with setbacks in Japan and Australia outweighing positive signals from the United States and China, a study showed on Wednesday.A Climate Action Tracker...
Nov 13 2013 // Insured losses from weather-related events in Eastern Asia amount to only about 10 percent of the $700 billion in total losses accumulated over the last three decades, according to an analysis by Munich Re.According to the...
Nov 12 2013 // Japan’s government is finalising plans to borrow an additional 3 trillion yen ($30 billion) to pay for compensating Fukushima evacuees and cleaning up the area outside the wrecked nuclear plant, said people with...
Nov 6 2013 // ING Groep NV, the biggest Dutch financial-services company, will complete its reorganization two years earlier than planned after winning regulators’ permission to combine its Japanese insurance unit with European...
Nov 4 2013 // Japan will receive international help with the cleanup at the Fukushima atomic station once it joins an existing treaty that defines liability for accidents at nuclear plants, U.S. Energy Secretary Ernest Moniz said.The...
Oct 29 2013 // Hartford Financial Services Group Inc.’s profit surged as the insurer focused on property/casualty coverage after divesting life and annuity units. The company gained in extended trading.Third-quarter net income...
Oct 18 2013 // “Our remit at Aon Benfield Analytics is really to do the risk quantification part of reinsurance transactions,” said John Moore, the head of International Analytics operations. He’s responsible for...
Oct 16 2013 // Eight people were killed and over 30 missing, with nearly 20,000 people ordered to evacuate and hundreds of flights cancelled as Typhoon Wipha pummeled the Tokyo region on Wednesday, leaving piles of wreckage on one small...
Oct 15 2013 // A once-in-a-decade typhoon threatened Japan on Tuesday, disrupting travel and shipping and forcing precautions to be taken at the wrecked Fukushima nuclear power plant.Typhoon Wipha is moving across the Pacific straight...
Oct 10 2013 // Private equity firms J.C. Flowers & Co and Apollo Global Management are among a handful of companies expected to bid for Hartford Financial Services Group Inc. ‘s Japanese annuity business, three people familiar...