Govt seeks continued marine war insurance
![](https://japannews.yomiuri.co.jp/wp-content/uploads/2022/06/20210525G0TG0PK9990283.jpg)
The Financial Services Agency
10:00 JST, December 29, 2022
TOKYO (Jiji Press) — The government has asked non-life insurers to continue providing marine war insurance in Russian waters to ensure that Japan can keep importing liquefied natural gas from the Sakhalin-2 project.
The Financial Services Agency and the Agency for Natural Resources and Energy made the written request to the General Insurance Association of Japan on Tuesday.
Last week, Tokio Marine & Nichido Fire Insurance Co., Sompo Japan Insurance Inc. and Mitsui Sumitomo Insurance Co. told policyholders that they will stop providing insurance to cover damage to ships from war in Russian waters, effective from next January.
"Business" POPULAR ARTICLE
-
Aviation Fuel Shortage Causes Problems at Regional Airports; Growing Demand, Lack of Workers to Transport
-
Prices of over 10,000 Food and Beverage Items to Rise This Year; Figure is down from over 30,000 Last Year
-
Sony Group to End Production of Blu-ray Discs; Market Has Shrunk Due To Growth Of Hard Disk Drives, Streaming
-
AI-Equipped Energy Efficient Air Conditioners Grow In Popularity; Some Can Guess Users’ Moods, Automatically Adjust Temperature
-
Toyota to Introduce 4-Day Workweek for Some Employees; Company Hopes More Flexible Schedules Will Boost Worker Motivation
JN ACCESS RANKING