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Deadly Bear Attacks in Japan Prompt New Products From Insurers
Insurance Journal· 2025-12-01 06:10
Hardly a day goes by in Japan without news of another bear attack, but a problem that’s worrying local residents, tourists and farmers and hampering leisure-related businesses is presenting an opportunity for insurers.Tokio Marine & Nichido Fire Insurance Co. announced Friday it will offer an insurance product that compensates businesses that suffer a bear intrusion. The policy applies to hotel and leisure-facility operators and can cover lost profits and the cost of bolstering safety measures. Japan is see ...