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Taiwan: Typhoon Danas Batters Southern Region, Leaving Widespread Damage 3

Typhoon Danas made landfall near Chiayi's Budai Township around 11:40 p.m. on Sunday, July 6, bringing gusty winds and heavy rainfall to the southern region. Typhoon Danas weakened to a tropical storm after its eye departed Taiwan early Monday.

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A-bomb memorial monument in Hiroshima

Photo taken in Hiroshima on March 27, 2025, shows a monument set up on the rooftop of the newly completed building housing Meiji Yasuda Life Insurance Co. in memory of their employees killed in the August 1945 U.S. atomic bombing of the western Japan city.

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Nippon Life Insurance chairman Tsutsui to head Keidanren

TOKYO, Japan, Jan. 14 Kyodo - Yoshinobu Tsutsui, chairman of Nippon Life Insurance Co., holds a news conference in Tokyo on Jan. 14, 2025, with the 70-year-old set to replace Masakazu Tokura as head of the Japan Business Federation, known as Keidanren on May 29. (Kyodo)

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Nippon Life Insurance chairman Tsutsui to head Keidanren

Yoshinobu Tsutsui, chairman of Nippon Life Insurance Co., holds a news conference in Tokyo on Jan. 14, 2025, with the 70-year-old set to replace Masakazu Tokura as head of the Japan Business Federation, known as Keidanren on May 29.

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Capital and business alliance with Nippon Life Insurance Co.

Nippon Life Insurance and Rike form a capital and business alliance. Pictured from left to right: Yuko Kasahara, General Manager of Life Support Business, Nippon Life Insurance; Kazuo Sato, Director and Senior Managing Executive Officer, Nippon Life Insurance; Yasuhiko Okamoto, Chairman, President and Group CEO, Laiku.=November 14,2024,Tokyo,Japan

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Nippon Light Metal Company signage, logo

Signboard and logo of Nippon Light Metal Co. (Photo taken at JIMTOF2024.) Nippon Life Insurance Co.=November 6,2024,Tokyo,Japan

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Taiwan: Rain And Winds Pick Up As Typhoon Krathon Approaches

Rain and winds started to pick up in Taipei on Monday, September 30 as Typhoon Krathon approached Taiwan.

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U.S. insurance firm moves some HQ functions to Fukuoka

FUKUOKA, Japan - Mitsuru Imoto (C), president of MassMutual Life Insurance Co., poses with Gov. Hiroshi Ogawa (2nd from L) of Fukuoka Prefecture and Fukuoka Mayor Soichiro Takashima in Fukuoka, southwestern Japan, on June 26, 2014, at a press conference to announce a plan to move some headquarters functions of the U.S. firm's Japanese subsidiary from Tokyo in August as part of disaster preparedness.

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Dai-ichi Life poised to buy U.S. insurer Protective

TOKYO, Japan - File photo taken in 2011 shows the headquarters of Dai-ichi Life Insurance Co. in Tokyo's Chiyoda Ward. Dai-ichi Life is poised to acquire Protective Life Corp. of the United States for about 500 billion yen ($4.9 billion), sources familiar with the matter said June 2, 2014.

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Japan Post, Aflac expand ties

TOKYO, Japan - Japan Post Holdings Co. President Taizo Nishimuro (R) and Aflac Inc. Chairman and Chief Executive Officer Daniel Amos sign documents on their expanded business collaboration in Tokyo on July 26, 2013. Japan Post Group said it will expand ties with American Family Life Assurance Co. to sharply increase sales outlets handling the U.S. insurer's cancer policies and jointly develop cancer insurance products.

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Japan Post, Aflac expand ties

TOKYO, Japan - Japan Post Holdings Co. President Taizo Nishimuro (R) and Aflac Inc. Chairman and Chief Executive Officer Daniel Amos join hands after a press conference in Tokyo on July 26, 2013. Japan Post Group said it will expanded business collaboration with American Family Life Assurance Co. to sharply increase sales outlets handling the U.S. insurer's cancer policies and jointly develop cancer insurance products.

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Nippon Life Insurance's Uno wins world industry prize

RIO DE JANEIRO, Brazil - Nippon Life Insurance Co. Executive Adviser Ikuo Uno (R) receives the 2012 Insurance Hall of Fame award in Rio de Janeiro, Brazil, on June 18, 2012, for making a "lasting contribution to the insurance industry."

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Nippon Life's new president

TOKYO, Japan - Nippon Life Insurance Co. President Kunie Okamoto (L) and Senior Managing Executive Officer Yoshinobu Tsutsui shake hands as they attended a press conference in Tokyo on Feb. 1, 2011. The company said it has decided to name Tsutsui as new president on April 1, 2011, succeeding Okamoto, who will become chairman.

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Nippon Life's new president

TOKYO, Japan - Nippon Life Insurance Co. Senior Managing Executive Officer Yoshinobu Tsutsui speaks at a press conference in Tokyo on Feb. 1, 2011. The company said it has decided to name him as new president on April 1, 2011.

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Tsutsui to become Nippon Life president

TOKYO, Japan - File photo shows Yoshinobu Tsutsui, senior managing executive officer of Nippon Life Insurance Co. Company sources said Jan. 29, 2011, that the Japanese life insurer plans to name Tsutsui to succeed President Kunie Okamoto on April 1.

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Dai-ichi Life debuts on TSE

TOKYO, Japan - Koichiro Watanabe (R), president of Dai-ichi Life Insurance Co., speaks at a press conference at the Tokyo Stock Exchange on April 1, 2010. The second-largest Japanese life insurer made its debut on the bourse the same day with an opening price of 160,000 yen per share, higher than its initial public offering price.

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Dai-ichi Life debuts on TSE

TOKYO, Japan - Koichiro Watanabe, president of Dai-ichi Life Insurance Co., speaks at a press conference at the Tokyo Stock Exchange on April 1, 2010. The second-largest Japanese life insurer made its debut on the bourse the same day with an opening price of 160,000 yen per share, higher than its initial public offering price.

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Dai-ichi Life debuts on TSE

TOKYO, Japan - Koichiro Watanabe, president of Dai-ichi Life Insurance Co., speaks at a press conference at the Tokyo Stock Exchange on April 1, 2010. The second-largest Japanese life insurer made its debut on the bourse the same day with an opening price of 160,000 yen per share, higher than its initial public offering price.

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Dai-ichi Life debuts on TSE

TOKYO, Japan - Koichiro Watanabe, president of Dai-ichi Life Insurance Co., speaks about the April 1, 2010, debut of the company on the Tokyo Stock Exchange during an interview with Kyodo News in late March. The Japanese second-largest life insurer was listed on the bourse with an opening price of 160,000 yen per share.

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Dai-ichi Life shares fetch 160,000 yen each on debut on TSE

TOKYO, Japan - An electric board message at the Tokyo Stock Exchange in Tokyo shows Dai-ichi Life Insurance Co., Japan's second-largest life insurer, fetching 160,000 yen per share as the insurer, formerly a mutually owned company, made its debut on the TSE's First Section on April 1, 2010.

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Dai-ichi Life shares fetch 160,000 yen each on debut on TSE

TOKYO, Japan - An electric board message at the Tokyo Stock Exchange in Tokyo shows Dai-ichi Life Insurance Co., Japan's second-largest life insurer, fetching 160,000 yen per share as the insurer, formerly a mutually owned company, made its debut on the TSE's First Section on April 1, 2010.

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6 of Japan's top 9 life insurers report revenue increases

TOKYO, Japan - Yoshinobu Tsutsui, senior managing director of Nippon Life Insurance Co., briefs reporters on the company's financial results for the April-September period at a news conference in Tokyo on Nov. 25, 2009.

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Nippon Life likely to buy AIG building in central Tokyo

TOKYO, Japan - Nippon Life Insurance Co. is close to cutting a deal to purchase a building from American International Group Inc. (file photo) in a prime location in Tokyo facing the Imperial Palace, industry sources said on May 8.

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Nippon Life likely to buy AIG building in central Tokyo

TOKYO, Japan - Photo shows the American International Group Inc. building located in a prime location facing the Imperial Palace in Tokyo. Nippon Life Insurance Co. is close to closing a deal on purchasing the building from the financially distressed U.S. insurance firm.

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Mitsui Life Insurance to promote Yamamoto to presidency

TOKYO, Japan - Mitsui Life Insurance Co. Executive Managing Officer Yukiteru Yamamoto speaks during a news conference in Tokyo on Jan. 22 after the company said it plans to promote him to the presidency on April 1 to replace Hiroshi Nishimura.

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9 major life insurers' 1st-half core profit drops 19.4%

TOKYO, Japan - Yoshinobu Tsutsui (L), managing director of Nippon Life Insurance Co., speaks about the company's business results for the April-September period at a news conference in Tokyo on Nov. 26.

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Yamato Life becomes 1st Japan financial firm to fail on subprime

TOKYO, Japan - Takeo Nakazono (C), president of Yamato Life Insurance Co., speaks about the company's bankruptcy at a news conference in Tokyo on Oct. 10. Yamato went bankrupt due to losses related to the U.S. subprime crisis, becoming the first Japanese financial institution to fail amid the ongoing global financial meltdown.

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Japan Post Insurance, Nippon Life to tie up in core business

TOKYO, Japan - Kunie Okamoto (L), president of Nippon Life Insurance Co., and Jousuke Shindo, chairman of Japan Post Insurance Co., shake hands during a press conference at a hotel in Tokyo on Feb. 22. They announced the two companies have agreed to tie up in the development and sales of products and customer management.

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Life insurers fail to pay 86.2 bil. yen in insurance benefits

TOKYO, Japan - Nippon Life Insurance Co. President Kunie Okamoto (2nd R) and other senior executives of the life insurer bow in apology at a news conference in Tokyo on Oct. 5 after it was revealed that Nippon Life and other life insurance companies in Japan have failed to pay 86.2 billion yen in insurance benefits and other due payments to their customers in the five years from fiscal 2001.

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6 of 9 major life insurers see core profits expand in FY 2006

TOKYO, Japan - Dai-ichi Mutual Life Insurance Co. Executive Director Koichiro Watanabe speaks on the company's business results for fiscal 2006 at a press conference in Tokyo on May 30. Six of Japan's nine major life insurers saw their core operating profits expand in the 2006 business year ended March 31 from a year earlier, supported by improved conditions for their fund management following interest rate hikes by the Bank of Japan.

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6 of 9 major life insurers see core profits expand in FY 2006

TOKYO, Japan - Nippon Life Insurance Co. Executive Director Yoshinobu Tsutsui speaks on the company's financial results for fiscal 2006 at a press conference in Tokyo on May 30. Six of Japan's nine major life insurers saw their core operating profits expand in the business year ended March 31 from a year earlier, supported by improved conditions for their fund management following interest rate hikes by the Bank of Japan.

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Life insurers fail to pay 26.8 bil. yen insurance over 5 years

TOKYO, Japan - Sumitomo Life Insurance Co. President Shinichi Yokoyama (C) and other Nippon Life executives bow in apology over nonpayment of insurance money at a news conference in Tokyo on April 13. Sumitomo is among 12 leading life insurance companies in Japan that admitted they had skipped 26.8 billion yen in insurance money payment in 230,000 cases over the five years from fiscal 2001.

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Life insurers fail to pay 26.8 bil. yen insurance over 5 years

TOKYO, Japan - Dai-ichi Mutual Life Insurance Co. President Katsutoshi Saito (C) and other Dai-ichi executives bow in apology over nonpayment of insurance money at a news conference in Tokyo on April 13. Dai-ichi is among 12 leading life insurance companies in Japan that admitted they had skipped 26.8 billion yen in insurance money payment in 230,000 cases over the five years from fiscal 2001.

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Life insurers fail to pay 26.8 bil. yen insurance over 5 years

TOKYO, Japan - Nippon Life Insurance Co. President Kunie Okamoto (C) and other Nippon Life executives bow in apology over nonpayment of insurance money at a news conference in Tokyo on April 13. Nippon Life is among 12 leading life insurance companies in Japan that admitted they had skipped 26.8 billion yen in insurance money payment in 230,000 cases over the five years from fiscal 2001.

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Core profit at Japan's 9 big life insurers hits record high

TOKYO, Japan - Dai-ichi Mutual Life Insurance Co. Executive Director Koichi Watanabe speaks at a press conference in Tokyo on Nov. 27 on the group's business results for the first half of fiscal 2006. The combined core operating profit at Japan's nine major life insurers hit a record high for the April-September period, supported by the solid stock market and rising returns from bond investment.

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Core profit at Japan's 9 big life insurers hits record high

TOKYO, Japan - Nippon Life Insurance Co. Vice President Takeo Nii speaks at a press conference in Tokyo on Nov. 27 on the group's business results for the first half of fiscal 2006. The combined core operating profit at Japan's nine major life insurers hit a record high for the April-September period, supported by the solid stock market and rising returns from bond investment.

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Gov't orders Nippon Life to correct business practices

TOKYO, Japan - Takao Arai (3rd from L), vice president of Nippon Life Insurance Co., and other officials bow in apology during a press conference in Tokyo on July 26 after the Financial Services Agency ordered the life insurer to correct business practices.

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Meiji Yasuda disciplines 90 over failure to pay insurance benefits

TOKYO, Japan - Meiji Yasuda Life Insurance Co. Managing Director Kenji Matsuo, who will soon become president, bow in a gesture of apology at a press conference in Tokyo on Nov. 18. The company announced disciplinary actions against its incoming top executives and various other employees over itss undue failure to pay insurance benefits, bringing the number of company workers punished over the practice to 90.

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Scandal-hit Meiji Yasuda decides to replace 11 executives

TOKYO, Japan - Meiji Yasuda Life Insurance Co. said Nov. 4 it has decided to replace all nine of its most senior-level executives along with two other executives in order to take responsibility for its failure to pay insurance claims. At a news conference in Tokyo the same day were Managing Director Kenji Matsuo (R), who will succeed President Ryotaro Kaneko, and Managing Director Kenichi Sekiguchi (L), who will replace Chairman Mikihiko Miyamoto, both on Dec. 1.

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Meiji Yasuda ordered to halt some operations for 2nd time

TOKYO, Japan - Meiji Yasuda Life Insurance Co. President Ryotaro Kaneko (C) apologizes at a news conference in Tokyo on Oct. 28 after the Financial Services Agency ordered the company to suspend some of its operations, the second punitive measure imposed on the insurer this year following revelations of its failure to pay insurance claims.

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Meiji Yasuda president, execs to quit in nonpayment scandal

TOKYO, Japan - Meiji Yasuda Life Insurance Co. President Ryotaro Kaneko speaks at a press conference on Oct. 21 on his decision to resign to take the blame for a scandal involving the company's failure to pay insurance claims.

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Meiji Yasuda president to resign over unpaid insurance money

TOKYO, Japan - Meiji Yasuda Life Insurance Co. President Ryotaro Kaneko (C), flanked by his aides, bow by way of apology at a press conference after announcing his intention to resign on July 5. Japan's third-largest life insurer is likely to come under public scrutiny following new findings that it has more cases of illegal nonpayment of insurance money than earlier reported.

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Meiji Yasuda president to resign over unpaid insurance money

TOKYO, Japan - Meiji Yasuda Life Insurance Co. President Ryotaro Kaneko speaks at a press conference in Tokyo after announcing his intention to resign at the firm's representative members' meeting on July 5. Japan's third-largest life insurer is likely to come under public scrutiny following new findings that it has more cases of illegal nonpayment of insurance money than earlier reported.

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Meiji Yasuda president to resign over unpaid insurance money

TOKYO, Japan - A monitor screen shows executives of Meiji Yasuda Life Insurance Co. apologizing at the firm's representative members' meeting in Tokyo on July 5 as it is likely to come under public scrutiny following new findings that the insurer has more cases of illegal nonpayment of insurance money than earlier reported.

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Meiji Yasuda president to resign over unpaid insurance money

TOKYO, Japan - Meiji Yasuda Life Insurance Co. President Ryotaro Kaneko (file photo) announced his intention to resign at the firm's representative members' meeting on July 5, as it is likely to come under public scrutiny following new findings that the insurer has more cases of illegal nonpayment of insurance money than earlier reported.

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(1)FSA to order Meiji Yasuda Life to suspend business

TOKYO, Japan - Ryotaro Kaneko (2nd from L), president of Meiji Yasuda Life Insurance Co., and other company executives bow in apology during a news conference Feb. 7 in Tokyo after reports that the Financial Services Agency will order the insurer to suspend part of its business for about two weeks over alleged illegal sales practices.

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(2)FSA to order Meiji Yasuda Life to suspend business

TOKYO, Japan - Ryotaro Kaneko (C), president of Meiji Yasuda Life Insurance Co., speaks to reporters in Tokyo about the company's alleged illegal sales practices.

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Okamoto to head Nippon Life from April

TOKYO, Japan - Nippon Life Insurance Co. said Feb. 7 that Senior Managing Director Kunie Okamoto (R) will become its president on April 1, succeeding Ikuo Uno (L). Japan's largest life insurer said Uno will assume the chairmanship with the right to represent the company.

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Nippon Life solvency margin ratio up to 927.9%

TOKYO, Japan - Nippon Life Insurance Co. President Sadao Kato tells a press conference in Tokyo on Nov. 26 that the company's solvency margin ratio, a key gauge of an insurer's ability to pay policyholders, stood at 927.9 percent as of Sept. 30, up from 893.8 percent as of March 31.

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Prudential Life to acquire Aoba Life for about 20 bil. yen

TOKYO, Japan - Prudential Life Insurance Co. President Hiroshi Mitsumori speaks at a press conference in Tokyo on Sept. 22. He said the Japanese arm of Prudential Financial Inc. of the United States will acquire Aoba Life Insurance Co. for about 20 billion yen by the end of March 2005.