Latest Japan Headlines

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

‘Freak Wave’ Damages Japan Supertanker in Strait of Hormuz

Jul 28 2010 // A Japanese oil tanker damaged by a freak wave in the Strait of Hormuz, one of the world’s most important shipping lanes, was making its way to a port in the United Arab Emirates on Wednesday.The ship’s owners...

China Braces for Typhoon Conson; Vietnam Evacuates Thousands

Jul 16 2010 // Southern China on Friday battened down to await the arrival of Typhoon Conson, gathering strength over the South China Sea, and Vietnam deployed nearly 3,000 troops to areas in the path of the storm.Swollen rivers and...

Report IDs Pacific Northwest as ‘Mega-Earthquake’ Hotspot

Jul 5 2010 // The Pacific Northwest is one of five regions in the world most likely to see a mega-earthquake, according to a new report. “When The Earth Moves: Mega-Earthquakes To Come?” published by Aon Benfield in...

Willis Re Appoints Byng to Lead New Property Resource Group

Jul 1 2010 // Willis Re, the reinsurance arm of Willis Group Holdings announced the appointment of James Byng Property Resource Group Leader for its International and Specialty reinsurance business. He will assume this new position on...

Aon Benfield Report Identifies ‘Mega-Earthquake’ ‘Hotspots

Jun 15 2010 // Aon Benfield has published a new report – “When The Earth Moves: Mega-Earthquakes To Come?” – in conjunction with the Aon Benfield UCL Hazard Research Centre. The report was prompted by the recent...

Hawaii Insurance Commissioner Schmidt Resigns

Jun 8 2010 // J.P. Schmidt, Insurance Commissioner of the State of Hawaii, announced he be leaving his position to join the Honolulu law firm of Bays Deaver Lung Rose Holma, effective July 1.Schmidt will be practicing general business,...

Saft: Lessons for U.S., UK from Japan’s Lost Decade

May 28 2010 // Deflation and a lost decade can be avoided it seems; all we need are perfect central bankers, sensible politicians, a biddable electorate and cooperative investors.Nothing to worry about there, then. In a speech on Monday,...

Bowring Marsh Opens Tokyo Office

May 20 2010 // Bowring Marsh, the Specialist International Placement Broker at Marsh, has expanded its Asian presence with the opening in Tokyo of its eighth office, which will specialize in property, earthquake and business interruption...

RMS Announces New Parametric Loss Index for Japan Quake Risks

May 19 2010 // Risk Management Solutions announced the addition of Japan earthquake to its existing suite of parametric industry loss indices covering U.S. hurricane, U.S. earthquake, and Europe windstorm.RMS said: “Paradex Japan...

Strong Quake Rocks Central Japan

Mar 15 2010 // A strong earthquake hit off the eastern coast of central Japan on Sunday, rattling buildings across a broad swath of the country, including the crowded Tokyo capital.There were no immediate reports of damage or casualties,...

Lloyd’s Chairman Visits Japan, So. Korea; Urges Closer Ties

Mar 11 2010 // Lloyd’s Chairman, Lord Levene, visited Japan and South Korea last week where he opened the new Lloyd’s Japan office and hosted an event with Korean Re, titled – Lloyd’s – A Working...

AIG Sells Alico Unit to MetLife for $15.5 Billion

Mar 8 2010 // AIG is selling its foreign life insurance unit to MetLife Inc. for about $15.5 billion, its second major asset sale in a week as it raises funds to repay a massive U.S. government bailout.MetLife said Monday that it would...

Countries Raise Security in Malacca Strait after Terror Warning

Mar 5 2010 // Malaysia and Indonesia said on Thursday they are stepping up security in the Strait of Malacca, one of the world’s busiest shipping lanes, following the Singapore navy’s warning of possible attacks on oil...

Some Scientists Defend Tsunami Warnings

Mar 2 2010 // The warning was ominous, its predictions dire: Oceanographers issued a bulletin telling Hawaii and other Pacific islands that a killer wave was heading their way with terrifying force and that “urgent action should...

A Recurrence of Recalls; ‘PIGS’ in a Poke; Lloyd’s Powers on; Haiti Now Faces Floods and Hurricanes

Feb 21 2010 // First Toyota, then Honda – who’s next? 2010 is not starting out as a good year for car companies. Japan’s Toyota Motor Corp. was already in the process of recalling approximately 8 million vehicles, due...

Honda Adds 437,000 Cars to Global Faulty Air Bag Recall

Feb 11 2010 // Honda Motor Co. is adding 437,000 vehicles to its 15-month-old global recall for faulty air bags in the latest quality problem to hit a Japanese automaker.The company will replace the driver’s side air bag inflator...

Special Reuters Report: Inside Toyota’s Epic Breakdown

Feb 10 2010 // Toyota Motor Corp., the world’s most dominant and profitable automaker, was not accustomed to outsiders telling it what to do, let alone some obscure bureaucrat from the United States, whose own car industry was on...

Toyota Adds Prius to Global Recall List; Brake Problems Cited

Feb 9 2010 // Toyota Motor Corp said it is recalling nearly half a million of its flagship Prius and other hybrid cars for braking problems as it seeks to address criticism over the handling of its worst safety crisis.The world’s...

Bermuda Signs Tax Pact with Japan

Feb 2 2010 // Bermuda’s Minister of Finance, the Hon. Paula A. Cox J.P., M.P., announced that the island has signed a bilateral agreement with Japan that provides for a full exchange of information on criminal and civil tax...

S&P:No Downgrades for Financials, Insurers from Japan Airlines Bankruptcy

Jan 21 2010 // Standard & Poor’s Ratings Services stated that its ratings on Japan’s financial institutions and insurance companies “would be unaffected by the debt forgiveness requested by Japan Airlines Corp....