Latest Japan Headlines

All the headlines from our Japan Topic Page, ordered by recency.

Marsh Names Wendin to Head Japan Client Services in EMEA

Feb 1 2007 // Marsh has appointed Rob Wendin to lead its Japan Client Services team in Europe, Middle East and Africa (EMEA). He will also continue to head Marsh’s Healthcare Practice in those regions. “In his expanded role,...

Best Affirms Mitsui Sumitomo ‘A+’ Ratings

Jan 30 2007 // A.M. Best Co. has affirmed the financial strength rating of “A+” (Superior) and the issuer credit rating of “aa” of Japan’s Mitsui Sumitomo Insurance Company Limited (MSI) with a stable...

Hawaii Commissioner Talks with Japanese, Chinese Governments

Jan 23 2007 // Hawaii State Insurance Commissioner J.P. Schmidt will be among the U.S. officials working with the governments of China and Japan to improve regulation in the financial services industries. According to the Hawaii...

Hawaii issues captive license to MHC Insurance

Dec 25 2006 // The Hawaii Department of Commerce and Consumer Affairs Insurance Division has granted a captive license to MHC Insurance Co. Ltd., which participates in insuring the worldwide risks of its Japanese-related owners and...

Hawaii issues captive license to MHC Insurance

Dec 24 2006 // The Hawaii Department of Commerce and Consumer Affairs Insurance Division has granted a captive license to MHC Insurance Co. Ltd., which participates in insuring the worldwide risks of its Japanese-related owners and...

Wii-Call: Nintendo to Replace 3.2 Million Straps for Wii Remotes

Dec 18 2006 // Nintendo is issuing a product recall for its latest video game problem over a Wii problem. The reception of Nintendo’s Wii video game console has been enthusiastic — too enthusiastic, apparently, for the straps...

Hawaii Issues Captive License to MHC Insurance Co.

Dec 14 2006 // The Hawaii Department of Commerce and Consumer Affairs Insurance Division has granted a captive license to MHC Insurance Co. Ltd., which participates in insuring the worldwide risks of its Japanese-related owners and...

U.S., Japan agree to improve consumer product safety

Dec 10 2006 // The United States and Japan have agreed on guidelines designed to improve the safety of consumer products in the two countries, the U.S. Consumer Product Safety Commission said. Under the agreement, the two countries will...

U.S., Japan Sign Agree to Improve Consumer Product Safety

Dec 1 2006 // The United States and Japan have agreed on guidelines designed to improve the safety of consumer products in the two countries, the U.S. Consumer Product Safety Commission said. Under the agreement, the two countries will...

Unionbanc Insurance Services Expands to Pacific Rim

Nov 29 2006 // UnionBanc Insurance Services Inc., Fullerton, Calif., is expanding its focus to the Pacific Rim with the addition of Ted Ikuta, who joins the company’s Fullerton office as senior vice president. Ikuta has more than...

Crescent City Harbor Suffers Up To $700K in Tsunami Damages

Nov 17 2006 // The National Weather Service lifted a tsunami advisory hours before powerful waves damaged docks and tore boats from their moorings in Northern California. Forecasters said they were wary of causing chaos along the...

Tsunami Waves Minimal after Undersea Japan Quake

Nov 16 2006 // A strong undersea earthquake south of the Kuril Islands off Japan’s northwest coast, which measured up to 8.1 on the Richter Scale, failed to produce any significant tsunami’s Following the quake, warnings went...

Japan’s Courts Recognizing Intellectual Property Right of Employees

Oct 22 2006 // Japan’s Supreme Court recognized the intellectual property rights of employees who invent products in a landmark ruling last week, ordering Hitachi to pay 163 million yen ($1.4 million) to a former worker. The court...

Euler Hermes Finds ‘Imbalances’ Could Slow Growth of Global Economy

Sep 26 2006 // Euler Hermes ACI, the US subsidiary of the Euler Hermes group, a global credit insurance provider, has issued its latest analysis of the global economy which concludes that although the IMF outlook remains positive,...

Nissan Testing Safety System That Beams Warnings to Drivers

Sep 19 2006 // Drivers worried about missing a red light or being hit by cars darting out from hidden alleys in Japan may receive assistance from new technology being developed by Nissan. All the world’s automakers are working on...

Best Affirms Toa Re ‘A+’ Ratings

Sep 19 2006 // A.M. Best Co. has affirmed the financial strength rating of “A+” (Superior) and the issuer credit rating of “aa-” of Japan’s Toa Reinsurance Company, Limited; however, the rating outlook is...

AXA Gives Donnet Greater Role in Japan, Asia-Pacific; Penn to Head Australia/NZ

Aug 17 2006 // France’s AXA Group has appointed Philippe Donnet to the position of AXA Group Regional CEO – based in Singapore – to oversee AXA’s principal insurance businesses in the Japan & Asia-Pacific...

Toyota Officials Being Investigated in Alleged Recall Negligence

Jul 12 2006 // Three Toyota officials are under a criminal investigation on suspicion of professional negligence in allegedly shirking recalls for eight years and not fixing a defect that may have caused an accident, Japanese police said...

Best Affirms Nipponkoa ‘A’ Ratings

Jun 26 2006 // A.M. Best Co. has affirmed the financial strength rating of “A” (Excellent) and assigned an issuer credit rating of “a+” to Japan’s Nipponkoa Insurance Company Limited with a stable...

Quake Strikes SE Japan

Jun 12 2006 // An earthquake measuring magnitude 6.2 struck the Southeastern peninsula of Japan’s main Island, Honshu, early Monday morning (local time). No deaths have been reported but at least five people suffered minor...