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November 22, 2024
 

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SOMPO JAPAN

Tokio Marine & Nichido Fire Insurance and three other insurance firms will be issued with cease-and-desist orders by the the Fair Trade Commission for forming a cartel, sources have said.
BUSINESS / Companies
Aug 6, 2024
Japan's FTC to issue orders to four major nonlife insurers in premium cartel
The insurers are said to have started prearranging premiums on contracts for Keisei Electric Railway, in which they shared the risk of covering payments, before 2020.
Whistleblower reports on Bigmotor's fraudulent activities prompted Sompo Japan and two other major nonlife insurers to suspend customer referrals to Bigmotor in June last year, but Sompo Japan soon resumed the referrals.
BUSINESS
Oct 11, 2023
Panel raps Sompo Japan's resumption of business with Bigmotor
The report said the resumption of business was caused by concerns among Sompo Japan execs about possibly losing deals with Bigmotor to rivals.
Financial Services Agency officials enter Bigmotor's Tama outlet in western Tokyo on Tuesday.
JAPAN / Crime & Legal
Sep 19, 2023
Watchdog starts on-site probe of Bigmotor and Sompo Japan
The investigation aims to dig deeper into the insurance fraud scandal by the leading used-car dealer. The probe is likely to take several months.
Transport ministry officials leave a Bigmotor dealership in Nagoya on Friday after conducting on-site inspections.
BUSINESS / Companies
Jul 31, 2023
Bigmotor suspected of fabricating insurance contracts
The news came on top of an investigation report that showed employees padded maintenance fee claims to insurance firms by deliberately damaging cars.
BUSINESS / Companies
Mar 6, 2015
Sompo Japan to purchase 15% stake in French re-insurer Scor
Sompo Japan Nipponkoa Holdings Inc. will buy a 15 percent stake in French re-insurer Scor SE in potentially its biggest-ever overseas investment.
Japan Times
CULTURE / Art
Sep 18, 2014
Taking a pictorial trip to Normandy
"Normandie — L'Estuaire de la Seine: L'Invention d'Un Paysage" ("Normandy — The Seine Estuary: The invention of a Landscape" is an exhibition at the Sompo Japan Museum of Art that recently changed its name to Sompo Japan Nipponkoa Museum of Art. Just as the museum's name is rather too long — something...
Japan Times
CULTURE / Art
Sep 4, 2014
'L'Estuaire de la Seine: l'Invention d'Un Paysage'
The picturesque region of Normandy in northern France became a fashionable resort area for Parisians after the establishment of railways made it more accessible during the late 19th century. But even before then, landscape painters had long been enchanted by the area, drawn to its abundance of nature...
Japan Times
CULTURE / Art
May 14, 2014
Nagoya hosts works from one of the largest collections in the U.S.
For Malcolm Rogers, the Ann and Graham Gund Director of the Museum of Fine Arts, Boston (MFA), visiting Japan in mid-April had a special resonance. The MFA this year celebrates its 15th anniversary of ties with what is not only its very first sister museum, but also its sole sister museum in Asia: the...
Japan Times
CULTURE / Art
May 14, 2014
Before the vividness of France came the simplicity of Holland
It must be something of a Faustian bargain buying a Post-Impressionist painting for a record-breaking price. In 1987, Yasuo Goto, president of Yasuda Fire & Marine Insurance Co., bought Van Gogh's "Vase with Fifteen Sunflowers" (1888) for $39 million. Perhaps due to that daring purchase, his company,...
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Ishiba aggravates his own political failures with diplomatic faux pas
Prime Minster Shigeru Ishiba is greeted at the APEC summit in Lima by Canadian Prime Minister Justin Trudeau on Friday. The Japanese leader was criticized for remaining seated while meeting several world leaders at the event.
Japan's 3.31 million visitors in October set monthly record
Kiyomizu Temple in Kyoto in December 2023. Famous autumn leaf colors contributed to increased tourism demand last month from many markets across Asia, Europe and North America, the Japan National Tourism Organization has said.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
Ruling coalition and DPP strike last-minute deal over economic policy
DPP policy chief Makoto Mahaguchi speaks at the party's policy gathering in Tokyo on Wednesday.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.
Japanese expats in Asia find community through rugby
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
In Fukushima, a weekend of prose, poetry and translation
Aomori-based writer JJ Carter presented on tabletop gaming as creative inspiration for building characters and narratives.
For Dr. Nakamats, aging is just experience in action
Though he didn't win the recent gubernatorial election in Tokyo, the 96-year-old Dr. Nakamats' run was seen as inspirational in Japan's aging society.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
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Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?
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