All the headlines from our Japan Topic Page, ordered by recency.
Sep 27 2004 // Swiss Re announced that, based on current estimates, it expects its claims related to Hurricane Ivan and Typhoon Songda to be approximately $300 million before tax.The bulletin noted that these estimates are in addition to...
Sep 21 2004 // The Hartford Financial Services Group, Inc. will present an overview of the company’s Japan operations on Wednesday, September 22, from 3 p.m. to 5 p.m. in Tokyo. Presentations by Greg Boyko, senior vice president in...
Sep 14 2004 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A+” (Superior) of Sompo Japan Insurance Inc. with a negative outlook.“The rating reflects the company’s superior market...
Sep 7 2004 // The U.K.’s Aviva (ex-CGNU) has agreed to sell its Asian non-life business to Japan’s second largest general insurer (after Tokio Marine) Mitsui Sumitomo Insurance Co Ltd. (MSI), for £249 million ($443...
Sep 6 2004 // Westfield Center, Ohio-based Westfield Insurance has named Brian G. Corbett executive of personal lines and nonstandard auto. His responsibilities include managing the profitability and expansion of Defender, the...
Sep 2 2004 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A++” (Superior) of Japan’s Tokio Marine and Fire Insurance Company Limited, and has revised its outlook on the insurer to...
Aug 31 2004 // ACE Overseas General, the non-U.S. insurance operations of The ACE Group of Companies, announced from Bermuda that Neil C. Smith has been appointed as President of ACE Far East. He succeeds Scott Pickering, who has been...
Aug 30 2004 // Typhoon Chaba, packing 130 mph (210 km/h) winds, struck the Southern Japanese Island of Kyushu earlier today, knocking out electrical power to some 300,000 homes, and causing 6000 people to be evacuated to higher ground,...
Jul 16 2004 // Aioi Insurance Co., Sompo Japan Insurance Inc. and Taisei Reinsurance Co. have annouced that they have settled their damages suit against U.S. reinsurance agent Fortress Re Inc. over losses in connection with the Sept. 11,...
Jul 2 2004 // Standard & Poor’s Ratings Services announced that it has assigned its ‘A+’ long-term counterparty credit and insurer financial strength ratings to Tokio Marine & Fire Insurance Co. (Singapore)...
Jun 14 2004 // A.M. Best Co. announced that it has withdrawn the financial strength rating of “B++” (Very Good) of Unum Japan Accident Insurance Co. Ltd. following the change in ownership to Hitachi Capital...
May 28 2004 // Standard & Poor’s Ratings Services has issued a report on the unconsolidated financial results of Japan’s 10 major non-life insurers for fiscal 2003 (ended March 31, 2004), indicating that they are...
Apr 27 2004 // Standard & Poor’s Ratings Services announced that it has revised the outlooks to stable from negative on its long-term counterparty credit and financial strength ratings on NIPPONKOA Insurance Co. Ltd....
Apr 14 2004 // A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) of The Nichido Fire and Marine Insurance Company Ltd. of Japan and its reinsured affiliate, Nichido Insurance Company (Pacific)...
Mar 31 2004 // Standard & Poor’s Ratings Services announced that it has revised its outlook on Sompo Japan Insurance Co. of America (SJA; A+/Stable/–) to stable from negative. S&P said the “outlook revision...
Mar 24 2004 // Standard & Poor’s Ratings Services announced that it has revised the outlooks to stable from negative on its financial strength and long-term counterparty credit ratings on seven Japanese insurance...
Mar 19 2004 // A.M. Best Co. announced that it has affirmed the “A+” (Superior) financial strength rating of Japan’s Mitsui Sumitomo Insurance Company Ltd. with a stable outlook.“The rating reflects Mitsui...
Mar 16 2004 // A.M. Best Co. announced that it has affirmed the financial strength rating of “B++” (Very Good) of Japan’s Fuji Fire & Marine Insurance Company, Limited. Best also assigned a financial strength...
Feb 27 2004 // A.M. Best Co. has affirmed the A (Excellent) financial strength rating of NIPPONKOA Insurance Company Ltd (NIPPONKOA) (Japan). The rating outlook is stable.The rating reflects NIPPONKOA’s excellent business profile,...
Feb 3 2004 // Skandia announced that the sale of its Japanese operations to Millea Holdings’ subsidiary, The Tokyo Marine & Fire Insurance Co. Ltd., has now been completed after receipt of the customary regulatory...