All the headlines from our Japan Topic Page, ordered by recency.
Mar 14 2011 // Economic losses in the regions of Japan that were hit by a massive earthquake will reach around 14 trillion yen to 15 trillion yen ($171-$183 billion) based on information available on Monday, Credit Suisse said in a...
Mar 14 2011 // A decline in shares of Japanese non-life insurers including MS&AD Insurance Group [Mitsui Sumitomo] is expected to be temporary as the impact on their earnings of the earthquake and tsunami in northeast Japan should be...
Mar 14 2011 // The unexpected nature of this week’s earthquake in Japan, plus the damage from the subsequent tsunami and fires, makes estimating insured losses from the disaster especially difficult, senior executives at two top...
Mar 14 2011 // Shares in European insurers fell steeply on Monday after analysts estimated over the weekend that the Japanese earthquake could cost the industry nearly $35 billion, making it one of the most expensive disasters ever.The...
Mar 14 2011 // Boston-based catastrophe modeling firm AIR Worldwide’s most recent statement, based on “currently available information, estimates that insured property losses from the Mw9.1 earthquake that struck Japan on...
Mar 11 2011 // The tragic tsunamis and Magnitude 8.9 earthquake that have struck Japan – the fifth largest quake in the world since 1900 – are a stark reminder that earthquakes can happen any time and it’s essential to prepare,...
Mar 11 2011 // Shares in European insurers and reinsurers fell sharply in early trading on Friday after Japan was hit by a massive earthquake, one of the biggest ever recorded.The quake, which measured 8.9 on the Richter scale, hit off...
Mar 11 2011 // The biggest earthquake on record to hit Japan rocked its northeast coast on Friday, triggering a 10-meter |33 foot] tsunami that killed hundreds of people and swept away everything in its path.Thousands of residents near a...
Mar 3 2011 // Bermuda-based Tokio Millennium Re Ltd. (TMR), a subsidiary of Japan’s Tokio Marine & Nichido Fire Insurance Co., Ltd., announced that the Australian Prudential Regulation Authority (APRA) has authorized...
Mar 3 2011 // UK-based international broker JLT Group announced that it has established JLT Holdings Japan “through an equity transfer arrangement.” JLT said the “new holding company structure, insurance agency...
Feb 25 2011 // Rescuers extended their search on Friday to shattered houses close to the epicenter of Christchurch’s deadly earthquake, but rain and cold dimmed hopes of finding more survivors of New Zealand’s worst disaster...
Feb 24 2011 // New Zealand rescuers said on Thursday they held grave fears for more than 200 people still missing as the death toll from an earthquake reached 98 after searchers pulled dozens of bodies from a Christchurch television...
Feb 22 2011 // New Zealand rescue teams worked under search lights early Wednesday to find scores of people trapped under collapsed buildings after an earthquake struck the country’s second-biggest city of Christchurch, killing at...
Feb 17 2011 // Willis North America, a unit of Willis Group Holdings, announced Junji Hamada as the Japan Global Practice Group National Practice Leader, effective immediately. Willis North America’s Japan Global Practice Group...
Feb 10 2011 // Chartis Inc., the general insurance subsidiary of American International Group has announced a cash tender offer through its wholly-owned subsidiary, Chartis Japan Capital Company LLC (Chartis Japan LLC), for all common...
Feb 1 2011 // American International Group, Inc. (AIG) reported it has closed the sale of its Japan-based life insurance subsidiaries, AIG Star Life Insurance Co. Ltd. and AIG Edison Life Insurance Co., to Prudential Financial Inc. for...
Jan 28 2011 // Yesterday Standard & Poor’s Ratings Services announced that it had lowered its sovereign rating on Japan to ‘AA-‘ from ‘AA’. The rating agency followed up that action by announcing that it...
Jan 27 2011 // The ACE Group announced that Jeffery Hager has been appointed Regional President, ACE Far East, responsible for ACE’s property and casualty (P&C) and accident and health (A&H) insurance businesses in Japan.He...
Jan 26 2011 // Toyota Motor Corp said it would recall more than 1.7 million vehicles worldwide, bringing its total for recalls to nearly 16 million since late 2009 and dealing a blow to its efforts to restore its reputation for...
Dec 31 2010 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and the issuer credit rating (ICR) of “aa” of Mitsui Sumitomo Insurance Company, Limited (MSI), as well as the FSR...