Tag - insurance

 
 

INSURANCE

The expansionist era is over for Taiwan's life insurance industry.
BUSINESS
Jul 27, 2023
U.S. interest rate hikes haunt Taiwan’s $1 trillion life insurance industry
Over the past year, local regulators have repeatedly loosened operating rules after a cocktail of unrealized investment losses.
Japan Times
LIFE / Travel
Jul 8, 2023
Is space the final frontier of extreme travel insurance?
Last year, the Japan Aerospace Exploration Agency and Mitsui Sumitomo Insurance said they would jointly develop space insurance offerings.
Japan Times
JAPAN
Jun 29, 2023
Japan aims to fix medical fee errors linked to My Number by August
System errors over the use of My Number cards as health insurance certificates have caused many patients to have to pay the full amount of medical costs out of their own pocket.
Japan Times
JAPAN
Jun 21, 2023
Public opposition grows over My Number and health insurance merger
Resistance to the integration of the two cards has been driven by reports of errors and privacy breaches when the cards have been linked.
Japan Times
BUSINESS / Companies
Jun 1, 2023
Sky-high hedging costs push biggest Japanese insurers to riskier avenues
Currency swaps protected more than 11% of overseas securities owned at the end of the fiscal year to March, according to earnings reports from nine of the largest life insurance companies.
Japan Times
WORLD
May 21, 2023
Heat insurance offers climate change lifeline to poor workers
This form of disaster assistance is on the rise across the developing world, as vulnerable communities are hammered by worsening drought, storms and heat waves.
Japan Times
BUSINESS
May 3, 2023
Here are five ways finance is trying to de-risk heat waves
From heatstroke insurance to plans that reimburse dairy farmers when cows are too hot to produce milk, a new wave of products may help communities.
Japan Times
JAPAN / Regional voices: Chubu
Apr 24, 2023
Integration of My Number and health insurance cards accelerating
Concerns remain among medical and welfare workers who worry about the possibility of people who don’t own My Number cards having difficulty seeing a doctor.
Japan Times
JAPAN / Science & Health
Apr 20, 2023
Japan health insurance societies to log record loss in fiscal 2023
The National Federation of Health Insurance Societies, or Kenporen, said that its member societies are expected to log a record loss in fiscal 2023.
Japan Times
BUSINESS / Markets
Apr 18, 2023
Japan insurer to sell all currency-hedged foreign debt as costs rise
The strategy, among the first to be disclosed by Japanese life insurers this fiscal year, may foreshadow a renewed wave of selling by some of the biggest investors in global bond markets.
Japan Times
JAPAN
Apr 6, 2023
Japan weighs raising social insurance premiums to help tackle falling birthrate
Several trillion yen is expected to be necessary to implement all items in a draft package of measures for addressing the country's low birthrate released last week.
Japan Times
JAPAN
Apr 5, 2023
Japan insurer to offer policy against bullying
While financial losses are likely not a parent's first concern should their child be bullied, a new insurance policy to be made available later this year will attempt to ease those worries.
Japan Times
BUSINESS / Companies
Mar 29, 2023
Japan’s Dai-ichi Life turns $260 billion portfolio toward JGBs
Dai-ichi was among the biggest holders of foreign bonds as a result of the BOJ’s decadelong stimulus drive, but now is increasing investments in superlong government bonds.
Japan Times
BUSINESS
Dec 30, 2022
Japan insurers to continue marine war coverage near Russia after government steps in
The insurers changed tack after warning policyholders last week of a halt to the insurance coverage from the start of 2023.
Japan Times
BUSINESS
Dec 28, 2022
Japan asks insurers to retain marine war cover for LNG shippers in Russian waters
The Financial Services Agency and Agency for Natural Resources and Energy made the rare request in a joint letter to the country's general insurance association.
Japan Times
BUSINESS
Dec 24, 2022
Japan firms to stop insuring ships in all Russian waters
Tokio Marine & Nichido Fire Insurance, Sompo Japan Insurance and Mitsui Sumitomo Insurance started notifying shipowners about their decision on Friday, a report said.
Japan Times
BUSINESS / Markets
Dec 22, 2022
Nippon Life may buy more domestic bonds after BOJ shift raises yields
Benchmark 10-year sovereign yields have almost doubled to 0.48% after policymakers raised the cap to 0.50% on Tuesday.
Japan Times
BUSINESS / Markets
Dec 8, 2022
Japan’s life insurers are dumping foreign bonds at a record pace
While the yen has already seen a strong rebound from its October low, expectations for further gains make it unlikely Japanese investors will rush back into foreign securities.
Japan Times
BUSINESS / Companies
Nov 27, 2022
Citing pandemic, seven Japanese life insurers incur April-September loses
Insurance payments ballooned as life insurers distributed hospitalization benefits to a wide range of policyholders infected with the coronavirus.
Japan Times
BUSINESS
Oct 25, 2022
Insurers offer to protect Japan firms from losses due to parental leave
Companies that meet certain conditions set by the insurers are eligible for compensation related to hiring costs incurred should an employee take childcare leave.

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