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Samples in periodicals archive:
Japan's postal insurance system ''remains a dominant force'' in the nation's insurance market, the 2010 National Trade Estimate report on Foreign Trade Barriers said.
The National Federation of Life Insurance Worker's Unions issued a petition against the postal reform bill the government has been working on as the state is planning to raise the 13 million yen upper limit on postal insurance payments through legal changes.
Managing director of CashMyGold Justin Prichard said unlike jewellers and pawnbrokers his firm has postal insurance and administration costs to consider.
Under the plan, postal insurance will be abolished in October 2007 or later and handed over to several postal insurance companies which remain to be created, while postal savings accounts for payment purposes will eventually be transferred to a postal savings company, to be created later as a wholly owned arm of Japan Post.
The average rate of annual losses on funds entrusted by the ''kampo'' postal insurance division is 8.
They will multiply the value of premiums at the time of contract by 120, following a similar method adopted by the Japanese government to pay back postal savings and postal insurance premiums to the Taiwanese starting 1995.
These funds, together with an additional [yen] 100 trillion ($800 billion) from postal insurance contracts, are managed by the Ministry of Finance.
13- Daily News POSTAL BOARD APPROVES NEW FEES: People renting post offices boxes, sending certified mail or buying postal insurance will find new services and changed rates starting June 8.