Japan Archives - Carrier Management

Japanese Firms Rely Largely on Insurance in Plans for Increasing Floods

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 ...

Insured Losses From Japan’s Typhoon Hagibis Could Reach $11B: RMS Estimate

Insured losses stemming from Typhoon Hagibis in Japan will hit between $7 billion and $11 billion, catastrophe modeling firm RMS is estimating. While last month's Typhoon Faxai was a wind-driven ...

Japan Pledges Enhanced Trade Insurance to Boost Private Sector Africa Investment

Japan will offer enhanced trade insurance to boost private sector investment in Africa, Prime Minister Shinzo Abe said on Wednesday as his country competes with rival China for influence in the ...

Line Corp. Japan’s Biggest Messaging Service, Is Expanding Into Insurance and More

Line Corp., Japan's biggest messaging service, is expanding into cryptocurrency trading, insurance and other financial services, according to people familiar with the matter. The company established ...

Britain’s Legal & General Is Expanding Into Japan

British's third-largest insurer, Legal & General, is launching an operation in Japan to offer company pension scheme insurance and investment management, Chief Executive Nigel Wilson said on ...

Weakening Typhoon Lan Kills at Least Four in Japan, Causes Landslides and Flooding

A rapidly weakening typhoon Lan made landfall in Japan on Monday, setting off landslides and flooding that prompted evacuation orders for tens of thousands of people, but then headed out to sea after ...

Typhoon Haima Hits China; Earthquake Strikes Eastern Japan

AIR Worldwide issued two new weather event updates, covering Typhoon Haima in the Philippines and China and an earthquake in Japan. After wreaking havoc with heavy rains in northern Luzon and ...

Asia Investment Grabs Big Chunk of Global P/C M&A Pie: Conning

Insurance industry M&A truly went global in 2015, and a noteworthy chunk of the attention came from China and Japan. Conning summarizes the scope of this in a new report, and the author said he ...

Asia P/C Investment Driven by Limits at Home: Arch Capital, XL Catlin Execs

It is pretty clear at this point: Asia investment in the European and U.S. P/C sectors last year is widely expected to continue through 2016. Reasons why this is happening, however, remain a matter ...

Tokio Marine Looking at China Expansion

Tokio Marine Holdings Inc., fresh from its biggest acquisition in the U.S., is now looking for opportunities in China. The insurer plans to utilize its ties with Citic Group Corp., China's biggest ...