Meiji Yasuda Life Insurance Co. plans to disclose itemized profit data in a first for a major, private-sector life insurer in Japan, possibly starting with its fiscal 2006 financial statement, to regain the trust of policyholders.
Life insurers have three main sources of profit: investment returns in excess of claims paid to policyholders, lower-than-expected expenses and lower-than-projected death rates, company officials said Thursday.
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