All the headlines from our Japan Topic Page, ordered by recency.
Mar 18 2011 // The Reinsurance Association of America has issued a reassuring bulletin that the industry can not only cope with the recent losses from the earthquake and tsunami that struck Japan, but will also remain prepared to handle...
Mar 18 2011 // A bulletin from Marsh warns that “organizations need to prepare for the possibility of an extended disruption to global supply chains resulting from the earthquake and tsunami in Japan. Thousands of multinational...
Mar 18 2011 // Chaucer Holdings PLC, the specialist Lloyd’s insurance group, has announced that it has reduced its best estimate for claims arising from the 2010 New Zealand earthquake and Australian floods.Chaucer previously...
Mar 18 2011 // The Bermuda-based Everest Re Group announced that its preliminary loss estimate for exposures relating to the earthquake that occurred near Christchurch, New Zealand in February is “in the range of $140 million to...
Mar 18 2011 // From Apple’s new iPad to Chevrolet pick-ups and many of the world’s airplane kitchens, concern is spreading down the global manufacturing supply chain about the impact from Japan’s earthquake last...
Mar 17 2011 // European insurers face no major threat from the turmoil ensuing from last week’s earthquake and tsunami in Japan, the European Union’s insurance watchdog said on Thursday.“From a European viewpoint, the...
Mar 17 2011 // Homeland Security Secretary Janet Napolitano says federal. emergency agencies constantly rehearse for a disaster like the one unfolding in Japan, and American first responders will learn from the experience of their...
Mar 17 2011 // Operators of a quake-crippled nuclear plant in Japan dumped water on overheating reactors on Thursday while the United States expressed growing alarm about leaking radiation and urged its citizens to stay well clear of the...
Mar 17 2011 // Insured losses from the magnitude 9.0 earthquake and tsunami that struck Japan last Friday are between $12 billion and $25 billion, according to catastrophe modeler EQECAT. In its latest update, the firm describes the...
Mar 17 2011 // Bermuda-based RenaissanceRe Holdings Ltd. announced its initial loss estimates for the 2011 Australian flooding as well as the February 2011 New Zealand earthquake.The Company said it currently expects the Australian...
Mar 16 2011 //
Mar 16 2011 // Manulife Financial said Monday the impact of the earthquake and tsunami in Japan should be less than C$150 million (US$152.93 million), after investors sold the shares off by 3.5 percent on concerns about the...
Mar 16 2011 // A.M. Best Co. has issued a bulletin indicating that it does not “expect an immediate rating impact on Japanese non-life insurers and reinsurers due to the March 11, 2011 earthquake in Japan. However, the...
Mar 16 2011 // Losses from the Japanese earthquake will reduce insurers’ capital reserves, insurance brokers said Tuesday, as sector shares continued their sharp declines on fears the disaster’s size could grow.Ace, a leading...
Mar 16 2011 // Japan’s nuclear crisis appeared to be spinning out of control on Wednesday after workers withdrew briefly from a stricken power plant because of surging radiation levels, but desperate efforts to avert a catastrophic...
Mar 15 2011 // Fitch Ratings has issued a bulletin, indicating that it “believes that while the 11 March earthquake in Japan will be among the largest insured losses in history, such losses can be absorbed by the insurance and...
Mar 15 2011 // Swiss Re issued a statement which stressed that it is “committed to the Japanese insurance market and to supporting the country’s recovery from the devastating earthquake and tsunami which claimed many lives...
Mar 15 2011 // Quake-hit Japan faces a recovery and reconstruction bill of at least $180 billion, or 3 percent of its annual economic output and more than 50 percent higher than the total cost of 1995’s earthquake in Kobe.Even...
Mar 15 2011 // Investors sold insurance shares Monday in fear of how high the total losses from Japan’s earthquake and tsunami will go, though it will take weeks to determine how much was actually lost.At least one set of experts...
Mar 15 2011 // Fears of a nuclear disaster in Japan heightened on Tuesday after radiation levels around its quake-stricken power plant soared following two separate explosions at the complex.Many of the worrying milestones mapped out by...