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INSURANCE

JAPAN
Feb 15, 2019
Cabinet approves limiting health insurance coverage to residents of Japan
The Cabinet of Prime Minister Shinzo Abe approved a bill Friday that will make Japan's health insurance program for employees applicable only to workers and their dependents residing in the country, to prevent abuse by people from overseas.
Japan Times
MORE SPORTS
Jan 26, 2019
Justin Rose cards 6-under 66, pulls ahead at Farmers Insurance Open
World No. 1 Justin Rose shot a six-under-par 66 to open up a three-stroke lead at the Farmers Insurance Open in San Diego on Friday.
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
JAPAN
Nov 7, 2018
Japan looks to crack down on abuse of health insurance system as it plans for foreign worker influx
Insurance under the social welfare system covers medical expenses not only of corporate workers but also their family members, who it does not currently require to be living in Japan.
Japan Times
JAPAN
Oct 11, 2018
Health ministry encourages firms to help workers plan for retirement
Company-run programs to help employees get a head start on preparing for retirement are flourishing in Japan as the country's average life expectancy continues to grow.
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.
Japan Times
JAPAN
Sep 12, 2018
Probe into abuse of health insurance by foreigners in Japan stirs claims of prejudice
A government probe into alleged abuse of Japan's public health insurance system by foreign residents has sparked controversy, with critics claiming the investigation encourages prejudice against non-Japanese.
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.
Japan Times
BUSINESS
Aug 19, 2018
Insurers bolster dementia insurance offerings as Japan grays
Insurers are competing to offer dementia insurance products and related services as Japan's population continues to rapidly gray.
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
Jul 16, 2018
Alleged abuse of national health insurance system sparks probe into foreign patients
The government has launched a nationwide probe into allegations that foreign residents are abusing the public health insurance system.
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.
Japan Times
JAPAN / Society / Deep Dive
Jun 17, 2018
Travelers without insurance cause headaches for Japan's hospitals
Are you insured?
Japan Times
JAPAN
Jun 14, 2018
Japan adopts steps to support hospitals in treating foreign tourists
In recent years emergency hospitals in Japan have suffered financial losses after foreign tourists without insurance coverage found it difficult to pay fees for medical care.
Japan Times
JAPAN
Jun 12, 2018
Pet insurance market in Japan expanding with rise in life spans, veterinary bills
Just like people in Japan who continue to outlive people in other countries, their pets are developing longer life expectancies thanks to advances in medical science.
Japan Times
BUSINESS
Jun 6, 2018
Tokyo faces greatest risks to economic output of any global city, report says
Tokyo is the global city facing the highest risk to its annual economic output, due to its proximity to North Korea, according to an index compiled by the Lloyd's of London insurance market.

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