All the headlines from our Japan Topic Page, ordered by recency.
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...
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...
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)...
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...
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...
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...
Jul 13 2001 // Tokio Marine & Fire Ins. Co, Japan’s largest p/c insurer, and global giant Swiss Re announced that they “have arranged a USD 450 million cat risk swap to cover losses from three natural perils.” The...
Jul 5 2001 // AFLAC, the leading writer of worksite supplemental insurance, has brought its celebrated duck to Japan with the launch on July 2nd of a national advertising campaign featuring the feathered quacker. The company hopes...
May 28 2001 // Soccer football’s World Cup, scheduled to take place in Japan and Korea next year, is arguably the world’s biggest sporting event, but unfortunately unruly soccer fans, dubbed “hooligans” after...
May 21 2001 // Tokio Marine & Fire Insurance Co. Ltd. reported that net profits grew 41 percent to 43.14 billion yen ($352 million) for the period March 2000/2001, despite the continuing economic slump affecting the Japanese...
May 21 2001 // Hawaii Governor Benjamin Cayetan approved the recent incorporation and licensure of Heiwa Insurance Inc., the state’s first captive insurance company which is directly owned by a Japanese corporation and insures...
May 2 2001 // Hawaii Governor Benjamin Cayetan gave his okay to the recent incorporation and licensure of Heiwa Insurance Inc., the state’s first captive insurance company which is directly owned by a Japanese corporation and...
Apr 24 2001 // Prudential Insurance Co. of America announced that, following the recent approvals by the Tokyo District Court, it had completed its rescue plan for the insolvent Japanese insurer Kyoei Life Insurance Co. Ltd. and would...
Apr 23 2001 // The Tokyo District Court, Japanese regulatory authorities and major creditors have all given final approval to American International Group’s takeover of failed insurer Chiyoda Mutual Life Insurance Co.Chiyoda filed...
Apr 20 2001 // Kansas City-based Aquila, Inc. will join forces with Japan’s Mitsui Marine and Fire Insurance Co. to develop and market weather risk management products in Japan and Asia. Aquila, a diversified subsidiary of...
Mar 23 2001 // Tokyo Mutual Life became the seventh Japanese insurer to file for bankruptcy since the end of World War II as it sought court protection, listing outstanding liabilities in excess of $7.9 billion. The move was precipitated...
Feb 28 2001 // American International Underwriters, the international p/c unit of AIG, announced that an agreement has been reached with Nasdaq Japan to offer management liability insurance to companies listed on the exchange. Nasdaq...
Feb 26 2001 // AIG gave further evidence of its confidence in Japan’s economy on Feb. 6, with the announcement that the U.S. giant had agreed to acquire a 7.3-percent stake in H.I.S. Securities Co. Ltd. for $2.61 million. While...
Feb 23 2001 // AIG plans to inject $513.5 million in capital into failed Chiyoda Mutual Life Insurance Co, sponsoring a revival plan for Japan’s 12th largest life insurer.“As a result, AIG will significantly expand its...
Feb 20 2001 // Japanese auto maker Mitsubishi Motors Corp. said it plans to recall more than 1.52 million vehicles globally.The new total, announced during a Feb. 16 news conference was revised from the 1.35 million cars in Japan and the...