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INSURANCE

Japan Times
BUSINESS / Companies
Apr 5, 2019
Japan Post to sell up to 30% of outstanding shares in its insurance unit
Japan Post Holdings Co. said Thursday that it will sell up to 30 percent of its outstanding shares in subsidiary Japan Post Insurance Co. by the end of this month.
BUSINESS / Markets
Feb 25, 2019
For Japanese insurer Fukoku Mutual Life, this year's main danger is yen surge
The U.S. Federal Reserve's pivot from steady monetary tightening has forced a Japanese insurer to look at a pivot of its own.
Japan Times
JAPAN
Jan 11, 2019
Japan panel to recommend ordinances mandating use of bicycle insurance
A transport ministry panel has agreed on a plan to call on local governments to pass ordinances aimed at obliging cyclists to use liability insurance.
Japan Times
BUSINESS
Nov 9, 2018
Bridge collapse costs Genoa companies €422 million in damages: Chamber of Commerce
The collapse of a bridge in Genoa, which claimed 43 lives, has cost companies in the Italian city around €422 million ($482 million) in damages, the Genoa Chamber of Commerce said.
Japan Times
BUSINESS / Companies / Taking the Lead
Sep 17, 2018
For Lifull president Takashi Inoue, emerging tech and a touch of altruism are key to success
Takashi Inoue wants to transform his company, Lifull Co., into a one-stop shop for important lifestyle goods and services, where customers don't just make purchases but are able to get information about what they are buying as well.
BUSINESS
Sep 16, 2018
40% of Japan's health insurance societies seen posting losses in 2017; some may disband
Over 40 percent of the 1,394 health insurance societies set up for employees of large companies and their families are expected to report losses for fiscal 2017 ended March, sources said.
BUSINESS / Companies
Sep 4, 2018
Japan's Dai-ichi Life to buy Suncorp Life for $460 million
Dai-ichi Life Holdings Inc. said Tuesday it would buy Suncorp Life, an Australian life insurance unit of Suncorp Group, for 640 million Australian dollars ($460 million), the latest overseas expansion for a Japanese insurer grappling with a shrinking domestic market.
Japan Times
BUSINESS / Markets / FOCUS
Aug 22, 2018
Bank of Japan's threat to global bonds fizzles as Japanese insurers stay put
For all the frenzy over the Bank of Japan's first policy tweak in almost two years, little seems to have changed for the nation's insurers.
BUSINESS
Aug 7, 2018
Japan eyes expansion of corporate pension and insurance schemes to cover more part-timers
The government plans to allow more part-time workers to join the corporate pension and health insurance programs, hoping it will reinforce the financial base for Japan's overall pension and health insurance systems, sources said Monday.
Japan Times
BUSINESS
Jul 24, 2018
Nippon Life to stop financing coal-fired power
Nippon Life Insurance Co. will no longer extend loans for, or invest in, coal-fired power plants due to environmental concerns, an official at Japan's biggest life insurer said, in the first such move by a major domestic institutional investor.
Japan Times
BUSINESS
Jul 9, 2018
Insurers expect 'market disruption' after Trump suspends billions in Obamacare risk payments
Health insurers warn that a move by the Trump administration on Saturday to temporarily suspend a program that was set to pay out $10.4 billion to insurers for covering high-risk individuals last year could drive up premium costs and create marketplace uncertainty.

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