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A reinsurance perspective: the aggregation of losses following the Tohoku earthquake and tsunami
- Edwards Wildman Palmer LLP
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- Japan
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- December 23 2011
The converging events that led to the devastation in Japan will raise a number of issues relating to the aggregation of losses under reinsurance contracts
European Commission letter to EIOPA regarding equivalence
- Mayer Brown LLP
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- Bermuda, European Union, Japan, Switzerland
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- December 21 2011
On 22 November 2011 the European Commission (the “Commission”) wrote to the European Insurance and Occupational Pensions Authority (“EIOPA”) thanking them for their assessments on the equivalence of the Swiss, Bermudan and Japanese solvency and prudential regimes
Japanese Minister of State for Financial Services and Postal Reform visits EIOPA
- Mayer Brown LLP
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- European Union, Japan
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- October 31 2011
On 5 October 2011 the Japanese Minister of State for Financial Services and Postal Reform, Mr. Shozaburo Jimi, and a delegation of Japanese government officials, concluded their visit to EIOPA
Asia Pacific Financial Services & Regulatory Newsletter
- Baker & McKenzie
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- Hong Kong, Japan, Singapore, Vietnam
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- September 30 2011
Welcome to the fifth edition of Baker & McKenzie's quarterly Asia Pacific Financial Services & Regulatory Newsletter
Japan reinsurance losses estimated at $30 billion
- Edwards Wildman Palmer LLP
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- Japan
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- July 22 2011
Reinsurance broker Holborn reported that losses from the Japanese earthquake and tsunami could reach an all-time high for reinsurers at $30 billion, according to a recent article in the Insurance Insider
Personal dwelling losses top $2 billion in Japan
- Edwards Wildman Palmer LLP
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- Japan
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- June 9 2011
A recent Business Insurance article reported that Japanese insurers have paid almost $2.27 billion to cover approximately 125,000 claims associated with earthquake damage to personal dwellings stemming from the March 11 tsunami and earthquake that devastated Japan
Insurance coverage issues arising out of the Sendai earthquake, tsunami and nuclear contamination
- Reed Smith LLP
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- Japan
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- April 28 2011
A natural disaster of the magnitude of the events in Japan, combined with the added factor of nuclear contamination will invariably give rise to a variety of complex legal issues
Japan earthquake and other catastrophes likely to erase close to 25 of profit for reinsurers
- Edwards Wildman Palmer LLP
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- Australia, Japan, New Zealand
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- April 19 2011
Recent global catastrophes are likely to erase close to 25 of first quarter profits for reinsurers with exposure to the Japan and New Zealand earthquakes as well as the Australia floods, a recent MarketWatch article reported
Insurance linked securities update 2011: Japan earthquake tests market
- Jorden Burt LLP
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- Global, Japan
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- April 18 2011
We previously reported on the history and recent trends of insurance-linked securities (sometimes referred to as "event-linked securities" or "ILS"
Insurance recovery for business losses caused by the earthquake and tsunami in Japan
- Masuda Funai Eifert & Mitchell Ltd
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- Japan, USA
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- March 28 2011
Americans are genuinely saddened by the loss of human life and the destruction caused by the Sendai-area earthquake and tsunami
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