Latest Japan Headlines

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

Japan Chipmaker Renesas Says Normal Production at Fire-Hit Plant to Take 100-120 Days

Mar 30 2021 // TOKYO – Japanese chipmaker Renesas Electronics said on Tuesday it would take at least 100 days to get back to normal production at its fire-hit plant, even as the government urged some Taiwanese companies to help with...

Japanese Carmakers Assess Effect on Supply Chain of Renesas Chip Plant Fire

Mar 22 2021 // TOKYO – Toyota, Nissan, Honda and other Japanese carmakers scrambled on Monday to assess the impact on their production of a fire at a Renesas Electronics chip plant that could aggravate a global semiconductor...

How Dangerous Is Japan’s Fukushima Nuclear Plant After 10 Years of Cleanup?

Mar 12 2021 // OKUMA, Japan – A decade ago, a massive tsunami crashed into the Fukushima Daiichi nuclear power plant. Three of its reactors melted down, leaving it looking like a bombed-out factory. Emergency workers risked their lives...

EasySend and Sompo Japan Join Forces to Improve Customer Experience

Jan 22 2021 // Tel Aviv, Israel, January 22, 2021– EasySend, a no-code platform for building and optimizing digital customer journeys, announced that they’re partnering with Sompo Japan, the second-largest non-life insurance...

Japan’s Automakers Adding Safety Technology for Often-Isolated Older Drivers

Jan 21 2021 // Automakers in Japan, where almost 30% of the population is 65 or older, are taking the lead on adapting cars so the nation’s legions of elderly drivers can feel more confident — and be safer — behind the...

Japan Post’s Insurance Unit Plans $2.9 Billion Buyback of Shares from Parent

Dec 17 2020 // Japan Post Holdings Co.’s insurance unit plans to buy back about 300 billion yen ($2.9 billion) of shares from its parent, giving the insurer more freedom to expand its business, according to people with knowledge of...

Guy Carpenter Appoints Former Gen Re Exec Toffanello as Head of Japan

Dec 8 2020 // Guy Carpenter & Co., the reinsurance specialist and a business of Marsh & McLennan Cos., announced the appointment of Pietro Toffanello as head of Japan in Q1 2021.In this role, Toffanello will be responsible for...

AXIS Re Hires Willis Re’s Bangs as Head of Japan

Dec 2 2020 // AXIS Re, the reinsurance business segment of AXIS Capital Holdings Ltd., announced the hiring of David Bangs as head of Japan. Bangs joins AXIS Re from Willis Re Singapore where he served as executive director. Prior to...

Japan Electric Company Gets Local Approval to Restart Nuclear Reactor

Nov 12 2020 // Japan’s Tohoku Electric Power said on Wednesday it had received the green light from a local governor to restart one of its nuclear reactors, nearly a decade after it was damaged in the earthquake and tsunami that...

Japan’s Largest Airport Opens COVID-19 Testing Lab for Departing Travelers

Nov 2 2020 // TOKYO — Japan’s largest airport opened a novel coronavirus testing facility on Monday as it takes steps to reopen international travel that has been largely grounded for months by the pandemic.The Narita...

The Next Global Economic Threat Is an Aging Population: Opinion

Oct 28 2020 // While the world wrestles with a deadly pandemic and how to confront climate change, there’s another, long-term global challenge that no one really knows how to deal with: population aging. As the human race...

Japan to Take Countermeasures to Prevent Cyber Attacks from Derailing Tokyo Games

Oct 20 2020 // Japan said on Tuesday it would take countermeasures to ensure next year’s Tokyo Olympics are not derailed by cyber attacks after Britain and the United States accused Russia of orchestrating efforts to disrupt the...

Reinsurance Experience in Africa, Asia Sets MGA Tempo Underwriting Apart

Sep 29 2020 // Tom Bailey, executive director of Tempo Underwriting, has a theory about what it takes to build a business based on the reinsurance MGA model.“For a reinsurance MGA to be successful and to have a strong offering, you...

New York, California Could be Fastest Growing States for Renewables

Sep 24 2020 // U.S. environmental policies will drive long-term demand for renewable energy, Moody’s Investors Service said in a new report.The report depicts a “a credit positive for renewable energy developers” in the...

Chubb Appoints Sosa to Lead Operations in Japan

Sep 11 2020 // Chubb Limited announced that Diego Sosa has been named regional president, Far East. Currently, chief operating officer for Chubb in Brazil, Sosa in his new role will have overall responsibility for the management and...

Japan Offers Mauritius ‘Unprecedented’ Support in Oil Ship Accident

Sep 8 2020 // Japan has told Mauritius it would offer support on an “unprecedented scale,” Foreign Minister Toshimitsu Motegi said on Monday, after a Japanese-owned ship struck a coral reef off the country’s southeast...

More Than 40 Crew Members Missing After Ship with 6,000 Cattle Capsizes Off Japan

Sep 3 2020 // More than 40 crew members were missing after a ship carrying cattle from New Zealand to China capsized in stormy weather in the East China Sea, the Japanese coastguard said on Thursday.A lone crew member from the Gulf...

Coronavirus Erodes Countries’ Economic Resilience; Global Insurance Gaps Widen

Aug 26 2020 // The COVID-19 pandemic is expected to reduce global macroeconomic resilience by about 20% in 2020 from 2019 levels as stimulus packages deplete countries’ fiscal and monetary buffers around the world.At the same time,...

Japan Ship Behind Oil Spill in Mauritius Deviated From Regular Shipping Lane

Aug 21 2020 // The Japanese-owned bulk carrier that ran aground off Mauritius and spilled oil over pristine waters and fragile coral reefs diverted more than 100 kilometers from a regular shipping lane, data from a maritime analysis firm...

Japanese Lunar Exploration Firm ispace Raises $28M and Inspires Moon Insurance

Aug 20 2020 // The Japanese lunar exploration firm, ispace, which is developing spacecraft to carry people to the moon, just raised $28 million from the four organizations for its Series B investment round.The firm, which aspires to be a...