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Bank of Japan Governor Warns AI Could Bring New Financial Stability Risks

Nov 21 2024 // Bank of Japan Governor Kazuo Ueda said on Thursday central banks must be mindful that technological advances, such as in the area of artificial intelligence (AI), could bring new risks to financial stability. “As...

WTW Launches Insurance Brokerage Service in Japan

Oct 29 2024 // WTW announced the expansion of its Corporate Risk & Broking (CRB) business in Japan with the launch of an insurance brokerage service.The new service will offer insurance solutions to commercial clients, as well as...

Brookfield Hires Head for Entry Into Japan Reinsurance Market

Oct 29 2024 // Brookfield Wealth Solutions, has entered the reinsurance business in Japan and has hired Tomohide Yokooka, formerly of Barclays Plc, as managing director and country head, according to people familiar with the...

Japan’s Icom Investigates Radio Devices Carrying its Logo After Lebanon Blasts

Sep 19 2024 // Japanese radio equipment maker Icom Inc. said on Thursday that it was investigating the facts regarding news reports that two-way radio devices bearing its logo have exploded in Lebanon.Hand-held radios used by armed group...

Japan’s Non-Life Insurers Must Cut Cross-Shareholdings to Zero, Industry Group Says

Sep 19 2024 // A trade group representing Japan’s biggest non-life insurers said on Thursday that its member firms should set a clear deadline to cut their strategic holdings of listed client shares to zero. The General Insurance...

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