Latest Japan Headlines
All the headlines from our Japan Topic Page, ordered by recency.
Air Bag Recalls Renew Doubts About Carmakers’ Responses to Defects
Oct 21 2014 // A deepening crisis involving deadly air bags is shaking confidence in the ability of automakers including Toyota Motor Corp. and Honda Motor Co. to ensure the safety of millions of U.S. drivers. Toyota is advising U.S....
Toyota Recalls 1.75 Million Vehicles Worldwide for Fuel, Brake Flaws
Oct 15 2014 // Toyota Motor Corp., the automaker under supervision in the U.S. by an independent safety monitor, recalled 1.75 million vehicles worldwide to fix flaws in the braking and fuel systems. The Lexus IS, GS and LS luxury sedans...
AIR Worldwide Discusses Expected Damages From Typhoon Phanfone
Oct 6 2014 // An ominous storm from the outset, Typhoon Phanfone is now on track to impact large areas of Japan with damaging winds and substantial rainfall, from Osumi and the southeastern coast of Kyushu to Shikoku and Honsh,...
China’s Fosun to Invest in European, Japanese Insurers
Sep 30 2014 // Fosun International Ltd., the investment arm of China’s biggest closely held conglomerate, is considering making more bets on insurers outside its home country, Chief Executive Officer Liang Xinjun said. “We...
Reinsurance Alternative Capital Now 20% of Cat Market: Aon Benfield ILS Report
Sep 11 2014 // Alternative capital has captured approximately a 20 percent market share of property catastrophe reinsurance volume. That news came our of Aon Benfield Securities, which issued its annual report on the insurance-linked...
Japanese Specialty Reinsurer Canopius Expands U.S. Footprint
Sep 10 2014 // Canopius Group Limited, the global specialty (re)insurance platform of Sompo Japan Nipponkoa Holdings Inc., said it is expanding its U.S. presence with the launch of Canopius Underwriting Agency Inc. (CUAI). Based in New...
U.S. Economic Losses Due to Napa Quake, August Floods Top $4 Billion: Aon
Sep 8 2014 // As far as natural perils go, August was mostly about earthquakes, along with a few tropical storms and typhoons around the world to add to the trouble, according to Aon Benfield’s Impact Forecasting in its latest...
Typhoon Halong Inundates Japan: AIR Analysis
Aug 12 2014 // Catastrophe modeling firm AIR Worldwide’s report on former Typhoon Halong notes that it was downgraded to a tropical storm before making its first landfall in Japan on Shikoku Island at approximately 6 a.m. Japan...
Weakened Typhoon Halong Lashes Japan; 1 Dead, Dozens Hurt
Aug 11 2014 // A tropical storm was moving out into the Sea of Japan on Sunday after lashing the country with rain and winds, leaving one person dead, more than 50 injured and prompting evacuation alerts for about 1.2 million residents...
Hawaii Spared Hurricane As Iselle Weakens to Tropical Storm
Aug 8 2014 // Hawaii escaped its first hurricane strike in 22 years as Iselle was downgraded to a tropical storm just before making landfall at the Big Island. Iselle, bearing winds of 60 miles (96 kilometers) per hour, was 80 miles...
Typhoon Halong Nears Japan; Saturday Landfall Expected: AIR Analysis
Aug 8 2014 // According the catastrophe modeling firm AIR Worldwide, strong winds and heavy rainfall from Typhoon Halong have already arrived on Japan’s Daito Islands (about 320 km [200 miles] east of Okinawa), with reports of...
No Fukushima Radiation Found in Oregon, Says Group
Jul 30 2014 // A group testing West Coast waters for radiation from a damaged Japanese nuclear power plant says no evidence of contamination has been found in Oregon. Massive amounts of contaminated water were released from the Fukushima...
Automakers Race to Be First With Driverless Cars
Jul 17 2014 // Nissan Motor Co. will introduce cars that park themselves by 2016, Chief Executive Officer Carlos Ghosn said, as the Japanese carmaker rushes to be among the first to offer automated driving. The feature, along with...
TS Neoguri Makes Landfall in Kyushu; Continues to Weaken: AIR Analysis
Jul 11 2014 // According to catastrophe modeling firm AIR Worldwide, Typhoon Neoguri weakened to a tropical storm before it made landfall on Japan’s southernmost island, Kyushu, at 6 a.m. Thursday, July 10, local time (5 p.m....
Typhoon Neoguri Approaches Kyushu: AIR Analysis
Jul 10 2014 // According to catastrophe modeling firm AIR Worldwide, Typhoon Neoguri, the strongest typhoon so far in the 2014 Western Pacific season, is slowly closing in on the west coast of Kyushu, the most southerly of Japan’s...
Typhoon Neoguri Lashes Okinawa; Heads for Kyushu: AIR Report
Jul 9 2014 // According to catastrophe modeling firm AIR Worldwide, Typhoon Neoguri made its closest approach to Japan’s southern Okinawa islands last night, lashing the islands with torrential rain and strong winds. The storm...
Typhoon Neoguri to Skirt Okinawa; Nears Kyushu Landfall: AIR Analysis
Jul 8 2014 // According to catastrophe modeling firm AIR Worldwide, at about 6:30 am local time today, Typhoon Neoguri—the strongest typhoon to date in 2014—is “roaring toward Japan with sustained winds of 180 km/hr [112 mph]...
Typhoon Neoguri Strengthens; Heads towards Okinawa, Japan
Jul 7 2014 // Typhoon Neoguri is currently roiling the waters of the Western Pacific, south of Okinawa. The latest weather reports indicate that it is an immense storm and is gaining strength with sustained winds of 140 mph [225...
Japan’s MS&AD Planning on Insurance Acquisitions for Growth in Southeast Asia
Jun 24 2014 // MS&AD Insurance Group Holdings Inc., Japan’s largest non-life insurer, will seek acquisitions in Southeast Asia to expand its overseas business, said President and Chief Executive Officer Yasuyoshi...
Cat Bond Buyers Listening to Storm Forecasters, Not Buffett
Jun 16 2014 // Bond buyers are betting more than ever on the mercy of Mother Nature as they seek to boost yields being suppressed by central banks. Demand for notes linked to insurance against hurricanes and other natural disasters is...
