All the headlines from our Japan Topic Page, ordered by recency.
Mar 15 2011 // The Bermuda-based Arch Capital Group announced that the Company’s 2011 first quarter results will be negatively impacted by the New Zealand earthquake, which occurred in February 2011, in the range of $35 million to...
Mar 15 2011 // Catastrophe modeling firm EQECAT has issued a bulletin describing the potential insured market losses and summarizing the various impacts of Japan’s insurance market with its specific inclusions and...
Mar 15 2011 // Lloyd’s of London has issued the following statement on the Japanese earthquake: “Our thoughts are still with those affected by the major earthquake and tsunami events in Japan.“Lloyd’s is committed...
Mar 14 2011 // Tsunami waves following Japan’s massive earthquake are estimated to have caused more than $50 million in damage in the Western United States, according to local officials.In Hawaii, Gov. Neil Abercrombie issued an...
Mar 14 2011 // The magnitude 8.9 earthquake, 6 miles down in the Japan Trench and 130 kms (81 miles) off Japan’s northeast coast, triggered a tsunami that devastated cities and towns over a wide area. Pictures of the onrushing...
Mar 14 2011 // U.S. insurer Aflac Inc , which is the largest foreign insurer in Japan, has “rather limited” financial exposure to the devastating earthquake and tsunami, Aflac’s chief executive said.“Are we going...
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...