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WTW expands Japan’s corporate risk & broking business with new insurance brokerage service

by AIP Online Bureau | Oct 29, 2024 | Intermediaries, International News, Non-Life, Reinsurance

“Working closely with the international and domestic insurance markets, we will focus on the speciality segments, particularly for large corporates and Japanese companies with overseas business interests. These include those in Natural Resources, such as Power...

Howden forays into Japanese captive consulting and management markets with acquisition of Foresight

by AIP Online Bureau | Sep 17, 2024 | Intermediaries, International News, Life, Non-Life, Reinsurance, Risk Management

Takuya Aibe as CEO of Howden Japan’s retail business Foresight is headquartered in Tokyo with 17 staff across six offices and a management team that have previously held senior roles at leading Japanese insurance companies; it manages captives for 13 large Japanese...

Japan issues emergency warning as powerful Typhoon Shanshan nears

by AIP Online Bureau | Aug 28, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Reinsurance, Risk Management

The meteorological agency issued an emergency warning saying the typhoon could bring flooding, landslides and wind strong enough to knock down some houses Southwestern Japan braced on Wednesday for what officials say could be one of the strongest storms to ever hit...

Severe typhoon set to disrupt flight, train services in Japan

by AIP Online Bureau | Aug 15, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

Disruptions from tropical storms this time of year have become an annual occurrence in Japan and other countries in the region. They’re also more severe, causing factories to halt production and companies telling employees to stay at home. The latest typhoon,...

Japanese population fell at the fastest clip in 15 yrs, Births hit a record low, deaths a record high

by AIP Online Bureau | Jul 25, 2024 | Eco/Invest/Demography, Intermediaries, Workplace/Employee Benefits

A record 260 companies went bankrupt in 2023 as they couldn’t secure enough workers to maintain their operations, according to a report by Teikoku Databank Japan’s tax and insurance premium revenue is projected to decrease by about 10% by 2040, according to a 2018...
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