Latest Japan Headlines
All the headlines from our Japan Topic Page, ordered by recency.
SCOR Global P&C Sees Price Increases of 6.6% During April Renewals
Apr 23 2020 // During the April reinsurance renewals, SCOR Global P&C said it grew gross premiums by 5.7% to €504 million, while benefiting from broadly improving market conditions as shown by a 6.6% overall increase in...
CEO of Tokyo Games Can’t Guarantee Postponed Olympics Will Be Held Even in 2021
Apr 13 2020 // As the coronavirus spreads in Japan, the chief executive of the Tokyo Games said Friday [April 10] he can’t guarantee the postponed Olympics will be staged next year – even with the long delay. Japanese Prime...
Failure to Act on Climate Change Could Make Weather Risks Uninsurable: Swiss Re
Apr 8 2020 // Global warming will lead to growing intensity and frequency of severe weather events, rising losses, as well as greater uncertainty in the assessment of these events by the insurance industry, which could make some weather...
Tokyo Games Delayed to 2021 in 1st Postponement in Olympics’ 124-Year History
Mar 24 2020 // The Tokyo Olympics were postponed on Tuesday into 2021, the first such delay in the Games’ 124-year modern history, as the coronavirus crisis wrecked the last international sporting showpiece still standing this...
Possible Delay of Tokyo Olympics Dismissed by Head of Organizing Committee
Mar 11 2020 // A delay of one or two years would be the “most feasible” option if the Tokyo Olympics cannot be held this summer due to the global outbreak of the coronavirus, a member of the organizing committee’s...
FACTBOX: Latest News on Coronavirus’ Health, Economic Impact
Mar 9 2020 // The number of people infected with coronavirus topped 110,000 across the world as the outbreak reached more countries and caused more economic damage. DEATHS/INFECTIONS * More than 110,000 people have been infected by the...
Coronavirus’ Hits to Supply Chains Could Surpass Natural Disasters: Opinion
Feb 26 2020 // Everyone is wondering when China will return to work. While it may be tempting to consider past epidemics or labor strikes to gauge how quickly that could happen, the industrial shutdown from the coronavirus is looking...
Cruise Ship Tests Coronavirus Containment as 300 Passengers Return to U.S.
Feb 17 2020 // TRAVIS AIR FORCE BASE, Calif./GENEVA, Feb 17 —More than 300 American cruise liner passengers, including 14 who tested positive for coronavirus, were flown home to military bases in the United States after two weeks under...
China’s Coronavirus Deaths, Infections Rise; Supply Chains, Production, Travel Disrupted
Feb 6 2020 // China’s fast-moving coronavirus spread among passengers of a quarantined Japanese cruise liner on Thursday and dragged down production at more global businesses, as scientists across the world searched for a...
Roundup: Nations Stepping Up Scrutiny of Vessels, Trains Shipping from China
Feb 5 2020 // Vessels and trains coming from China are in focus as nations take steps to halt the spread of a deadly coronavirus that originated in the world’s second-biggest economy. Here’s a roundup of some of the latest...
Global Coronavirus Cases Soar to 10,000 as WHO Declares Health Emergency
Jan 31 2020 // The U.K. confirmed its first two cases of coronavirus on Friday, while the U.S. and Japan advised citizens to avoid traveling to China. Singapore suspended visas issued to Chinese citizens. Stocks fell in Europe and Asia...
Coronavirus Impact: Growing List of Global Firms Cut Back on China Business Activities
Jan 29 2020 // Starbucks Corp. has closed more than half of its coffee shops in mainland China — about 2,000 of them — and Toyota Motor Corp. is halting production in the country, as global corporations grapple with a...
Pandemic Fears Grow as China Steps Up Efforts to Control New Flu-Like Coronavirus
Jan 22 2020 // Deaths from China’s new flu-like virus rose to nine on Wednesday with more than 470 confirmed cases, heightening global fears of contagion from an infection suspected to have come from animals. The previously unknown...
Japan Firms Have Done Little to Build Resilience Against Increasing Floods: Reuters Poll
Jan 17 2020 // Japanese companies have contingency plans for the floods that increasingly drench this island nation, but most have done little to fortify facilities, relying instead on insurance and securing alternative supply sources, a...
Natural Catastrophes Cost $150B in 2019, with Insurers Paying $52B: Munich Re
Jan 8 2020 // Natural catastrophes caused overall losses of US$150 billion during 2019, including insured losses of about US$52 billion, which matches the average of the past 30 years, according to Munich Re’s catastrophe...
Japan Post’s Insurance Sales Suspended by Regulator; Top Executives Resign
Dec 27 2019 // The heads of Japan Post Holdings Co Ltd and two affiliates said on Friday they will resign over the improper sales of insurance policies, after the regulator announced administrative punishments against the...
Japan Post’s Share Sale Faces Delays After Scandals at Insurance Unit: Sources
Dec 24 2019 // Japan’s government is considering holding off on its plan to sell about $10 billion worth of shares in Japan Post Holdings Co. through this fiscal year following scandals involving its insurance unit, according to...
Catholic Church Abuse Allegations Being Raised in Japan
Dec 16 2019 // During Pope Francis’ recent visit to Japan, Harumi Suzuki stood where his motorcade passed by holding a sign that read: “I am a survivor.” Katsumi Takenaka stood at another spot, on another day, holding...
Regulator Weighs Halting Japan Post Insurance Sales – Nikkei
Dec 16 2019 // Japan’s financial regulator is considering ordering Japan Post and Japan Post Insurance to suspend sales of insurance policies, the Nikkei Shimbun reported Monday. The Financial Services Agency (FSA) will also seek...
New Zealand Tragedy Raising Questions About Live Volcano Tourism
Dec 11 2019 // Tourists caught in the deadly blast at New Zealand’s White Island were there despite a recent increase in volcanic activity, although experts said precise predictions on eruptions were all but impossible. Five people...