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Japan tag returned 145 results

  • Japan: Major insurer incurs gross losses of US$595m from July floods

    Japanese insurance giant MS&AD has posted incurred expected gross losses of JPY66bn ($595m) from the destructive floods that struck the southwestern part of the country last month.

    Asia | 13 Aug 2018
  • Four Asian nations among top-10 premium generator in 2017

    China, Japan, South Korea and Taiwan were again among the top-10 premium generators globally, according to Swiss Re's latest sigma report on world insurance statistics.

    AIRPlus | 06 Aug 2018
  • Overall CAT losses of $33bn in 1H2018 a welcome relief

    Total economic losses from global natural disasters in the first half of this year amounted to $33bn, which was significantly below the $65bn recorded in 1H2017 and the 30-year average of $68.3bn. Meanwhile, global insured losses from 1H2018 came in at $17bn, compared to $25.5bn in the same period last year, and the 30-year average of $17.5bn.

    AIRPlus | 02 Aug 2018
  • Japan: Government to launch new disaster prediction system in FY2020

    The Japanese government plans to launch a new disaster prediction system in FY2020 to enable local authorities to prepare residents effectively for impending Nat CATs. This system will tap data from both satellites and the ground, reported the Yomiuri Shimbun.

    Asia Risk | 01 Aug 2018
  • Japan: Insurance giant eyes expanding nursing care business across Asia

    A major general insurance company in Japan is considering expanding its nursing care business across Asia to respond to the rapid aging of populations in the region -- a move that is expected to boost the number of workers in the industry.

    Asia | 31 Jul 2018
  • Insurers set to incur billions from June hail and windstorms - Aon

    June turned out to be one of the most active months for natural disasters so far this year, with insurers set to pay more than $3bn in claims for US-weather losses alone.

    AIRPlus | 30 Jul 2018
  • Are consumers financially literate enough to navigate online information?

    Saving, investing, and planning for retirement can be an exercise in futility if an individual lacks the know-how that is required to be successful, according to the seventh annual Aegon Retirement Readiness Survey.

    Agents | 17 Jul 2018
  • Japan: Life giant backs off investments and loans to new coal power projects

    Nippon Life Insurance plans to become the first leading Japanese financial institution to reject investments and loans to new coal-fired power generation projects at home and abroad.

    Asia | 16 Jul 2018
  • Osaka quake could result in $1bn worth in damages

    The 5.3 magnitude Osaka 'quake that occurred in mid-June has been reported to have caused damage to over 6,750 structures in the area, with an estimated $1bn in damages, according to the United States Geological Survey (USGS).

    AIRPlus | 12 Jul 2018
  • Japan: Impact of heavy rain seen as small on P&C insurers

    While the floods caused by the heavy rain in western Japan in recent days are credit negative for Japanese P&C insurers -- because of the losses from property and business interruption coverage -- the overall credit impact on insurers is seen as small, says Mr Soichiro Makimoto, Vice President - Senior Analyst, Financial Institutions Group, Moody's Japan.

    Asia | 12 Jul 2018


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