Latest Japan Headlines
All the headlines from our Japan Topic Page, ordered by recency.
Ships Tossed Ashore by Japan Tsunami Rescued
Jun 20 2011 // More than a dozen ships heaved inland by Japan’s tsunami in March sit with red bellies and propellers exposed among the demolished houses of this once-bustling fishing town, a jarring daily reminder of the...
The Aftershocks of Vulnerable Supply Chains
Jun 20 2011 // The massive earthquake and tsunami that hit Japan in March has led to supply chain disruptions around the world, sending a wakeup call to companies that do not have viable business continuity plans in place for themselves...
FEMA Tallies Hawaii Damage from Japan Tsunami at $6.2 Million
Jun 14 2011 // Federal aid has been approved for those in Hawaii affected by tsunami waves from the March earthquake in Japan. The Honolulu Star-Advertiser reported that so far the U.S. Small Business Administration has approved 14...
More Workers May Exceed Japan’s Radiation Limit
Jun 14 2011 // Six more workers at Japan’s tsunami-damaged nuclear power plant may have exceeded the radiation exposure limit, bringing the total to eight, the government said this week. The health and labor ministry released the...
Catastrophes Issue Wake-Up Call on Supply Chain Risks
Jun 6 2011 // The Japanese earthquake and tsunami that occurred in March 2011 served as a wake-up call of sorts for businesses vulnerable to supply chain exposures. Subsequent intense weather events in the United States during April and...
Catastrophes Issue Wake-Up Call on Supply Chain Risks
Jun 6 2011 // The Japanese earthquake and tsunami that occurred in March 2011, as well as intense spring weather, served as a wakeup call of sorts for businesses vulnerable to supply chain exposures: It’s important to prepare for...
P/C Insurers Facing Record Losses from Weather
Jun 6 2011 // Devastating tornadoes, floods, earthquakes overseas and a busier-than-usual hurricane season have U.S. insurance companies bracing for record losses in 2011. Insurers could suffer as much as $10 billion from...
Catastrophes Issue Wake-Up Call on Supply Chain Risks
Jun 6 2011 // The Japanese earthquake and tsunami that occurred in March 2011, as well as intense spring weather, served as a wakeup call of sorts for businesses vulnerable to supply chain exposures: It’s important to prepare for...
Spain’s MAPFRE, Japan’s Mitsui Sumitomo Reinforce Collaboration Pact
May 26 2011 // MAPFRE, a major non-life insurance group in Spain and Latin America, and MITSUI SUMITOMO INSURANCE (MSI), Japan’s principal non-Life insurance group in Asia, announced that they have “extended their framework...
Catastrophes Issue Wake Up Call on Supply Chain Risks
May 24 2011 // The Japanese earthquake and tsunami that occurred in March 2011 served as a wake up call of sorts for businesses vulnerable to supply chain exposures. Subsequent intense weather events in the United States during April and...
P/C Insurers Facing Record Losses from Weather
May 24 2011 // Devastating tornadoes, floods, earthquakes overseas and a busier-than-usual hurricane season have U.S. insurance companies bracing for record losses in 2011. Insurers could suffer as much as $10 billion from...
Cat Bond Investors Not Scared Off by Japan Quake
May 16 2011 // The catastrophe bond market seems to have survived the Japanese earthquake, its biggest test since the Lehman Brothers bankruptcy, with investors still likely to consider the sector despite millions of dollars of...
Survey: Commercial Lines Prices Fall 3% in Q1
May 16 2011 // Commercial property/casualty pricing declined again with an average decline of 3 percent in the first quarter of 2011. But according to a new industry survey, the pace of pricing declines may be slowing down. The market...
How to Prevent E&O Lawsuits for Black Swan Risks
May 16 2011 // The timeless maxim- “think globally, act locally” – coined in 1915 by social activist Patrick Geddes, underscores the vital importance for insurance agents to really think through the scope of their...
Lloyd’s Estimates Losses from Q1 Disasters at $3.8 Billion
May 13 2011 // After careful calculation Lloyd’s has announced its estimated net claims before tax from the earthquakes this year in Japan and New Zealand and the January 2011 floods in Australia. The current net estimates were...
Japan Approves Tepco Nuclear Claims Plan; Banks’ Help Eyed
May 13 2011 // Japan’s government agreed on Friday to set up a fund with taxpayer money to help Tokyo Electric Power compensate victims of the crisis at its tsunami-crippled nuclear plant and avoid financial collapse. The...
Japan Aims for Tepco Compensation Scheme this Week
May 11 2011 // Japan’s trade minister said he was aiming for cabinet approval this week of a government-backed scheme to help Tokyo Electric Power pay for damages caused by the crisis at its Fukushima Daiichi nuclear plant. Earlier...
EQECAT Raises Japan Quake/Tsunami Loss Estimates to $22-$39 Billion
May 10 2011 // Catastrophe modeling firm EQECAT has updated its market loss estimate of $12-$25 billion, issued on March 16, for the March 11 M9 Tohoku Earthquake. EQECAT said that, based on the latest information available, it is...
Tokyo Electric Pleads for Government Help on Compensation
May 10 2011 // The head of Tokyo Electric Power on Tuesday asked Japan’s government to help shoulder the burden of compensating those displaced by the crisis at its Fukushima Daiichi nuclear plant, a bill that is expected to run to...
AIG Reports $1.5B Net Income Loss in Q1
May 6 2011 // American International Group posted a loss from continuing operations in the first quarter as it recorded a charge of more than $3 billion related to its recapitalization and termination of its credit facility from the...
