Latest Japan Headlines

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

A.M. Best Affirms B++ Rating of Fuji Fire & Marine; A+ Rating of NZ’s ACC

Mar 18 2003 // 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 Ltd. with a stable outlook, and the A+ (Superior) financial strength...

inreon Expands in Japanese Market

Mar 12 2003 // inreon, the reinsurance online insurance platform, founded by Swiss Re and Munich Re, announced an expansion of its international operations in Japan, with the addition of two of the country’s largest P/C insurers...

A.M. Best Expands Capabilities of its Hong Kong Regional Headquarters

Feb 28 2003 // A.M. Best Co. announced that it has recently integrated its Asia/Pacific insurance rating and information operations to serve Japan, Australia and New Zealand under A.M. Best Asia-Pacific Ltd. in Hong...

A.M. Best Lowers Rating for Unum Japan Accident Co.

Feb 20 2003 // A.M. Best Co. has lowered the financial strength rating to A- (Excellent) from A (Excellent) of Unum Japan Accident Insurance Company, Ltd., Tokyo, Japan, and placed the rating under review with negative implications. The...

A.M. Best Assigns ‘A+’ Rating to Nichido Fire and Marine Co. Ltd.

Feb 14 2003 // A.M. Best Co. has assigned an initial financial strength rating of A+ (Superior) to The Nichido Fire and Marine Insurance Company, Ltd., Tokyo, Japan, with a negative outlook. The company has a financial size category of...

Report Japanese Insurer Files Suit against Fortress Re and Accountants

Dec 30 2002 // Japan’s Aioi Insurance Co. has filed a lawsuit in North Carolina against Fortress Re and its accounting firm, Deloitte & Touche LLP, alleging improper acts by the privately owned reinsurer’s directors and...

S&P Says Japanese Non-Life Insurers’ Mid-term Results in Expected Range

Nov 25 2002 // Standard & Poor’s announced that the mid-term financial results for Japan’s major non-life insurance companies were within expectations and would not immediately affect its ratings on the...

Meiji, Yasuda Advance Merger Date, Plan Tie-Up with Nipponkoa

Oct 18 2002 // Meiji Life Ins. Co, Japan’s third largest life insurer, and Yasuda Mutual Life Ins. Co, the sixth largest, announced that they will advance the April 2004 date for their planned merger to January 2004. According to a...

The State of the Surplus Lines Market with Michael J. Hall

Sep 30 2002 // Insurance Journal publisher Mark Wells recently spoke with Michael J. Hall, chairman of M.J. Hall & Company Inc. and president of Golden Bear Insurance Company, both headquartered out of Stockton, Calif. Hall shared...

Yasuda/Nissan Merger Creates Japan’s 2nd Largest P/C Insurer

Jul 1 2002 // Yasuda Fire & Marine Insurance Co. and Nissan Fire & Marine Insurance Co. have completed their merger, creating Sompo Japan Insurance Inc.the country’s second largest p/c insurer after Millea Holdings Inc.,...

RMS Provides Japan Earthquake Risk Analysis to Nissay Dowa, Swiss Re

May 31 2002 // Newark, California-based Risk Management Solutions (RMS) announced that it has provided the risk analysis to Nissay Dowa General Insurance Co., Ltd. and its counterparty, Swiss Re in support of the Fujiyama Ltd. $70...

S&P Maintains Negative Outlook on Japan’s P/C Insurers

May 23 2002 // Standard & Poor’s announced that its outlook on Japan’s non-life insurance industry remains negative following the release this week of insurers’ financial results for fiscal 2001.“Earnings...

Catastrophe Modeling-Feeding the Risk Transfer Food Chain

Feb 25 2002 // The increasingly sophisticated business of constructing catastrophe models is driven by three main imperatives: what are the chances of a given event happening; what are the upper and lower limits of a catastrophic...

Catastrophe Modeling-Feeding the Risk Transfer Food Chain

Feb 25 2002 // The increasingly sophisticated business of constructing catastrophe models is driven by three main imperatives: what are the chances of a given event happening; what are the upper and lower limits of a catastrophic...

Fuji Fire to Receive $256 Million from AIG, Orix

Feb 22 2002 // Japan’s ailing Fuji Fire & Marine Insurance Ltd. has reached an agreement with American International Group, and Orix Corp., Japan’s largest leasing company, to provide additional capital of 34.4 billion...

AIR Releases New Earthquake, Typhoon Models for Japan, Australia

Feb 5 2002 // Boston-based Applied Insurance Research, Inc. (AIR), a leading catastrophe modeling firm, has released the 2002 versions of its earthquake and typhoon models for the Asia-Pacific region, in time for the April 1st renewals...

SCOR Launches Multi-Continental CAT Bond with RMS Technical Help

Jan 28 2002 // On Jan. 3, French reinsurer SCOR Group launched the second installment of its innovative Atlas Re catastrophe bond, with technical analysis and parameters provided by Newark, Calif.-based Risk Management Solutions (RMS)...

S&P Says Japanese Banks, Insurers Are Within Tolerance Levels

Aug 28 2001 // Standard & Poor’s addressed the recent weakness in the Japanese stock market, stating that “the current level of Japanese stock prices is within the tolerance of its counterparty ratings on Japanese banks...

RMS Adds Japanese, German Data to Weather Risk Management System

Aug 23 2001 // Risk Management Solutions announced that its Climetrix (TM) weather derivatives trading and risk management system now includes relevant temperature data from Germany and Japan, two expanding markets for weather derivative...

Nissan Fire and Marine Affirmed

Aug 13 2001 // A.M. Best Co. affirmed the FSR of “A” for The Nissan Fire and Marine Insurance Company Ltd., Tokyo, and its U.S. branch in New York. The company has been assigned a financial size category of...