Tag - dai-ichi-life

 
 

DAI ICHI LIFE

A fight over Benefit One is the latest in a growing number of takeover deals in Japan, spurred in part by the Tokyo Stock Exchange pushing for improved corporate governance.
BUSINESS / Companies
Feb 8, 2024
Dai-ichi Life gets Pasona's nod on Benefit One acquisition
The agreement with Pasona Group, which owns 51.16% of Benefit One, is crucial for Dai-ichi to win the battle against digital health care provider M3.
Nippon Life Insurance will focus purchases on 30-year JGBs, with the current yield of above 1.8% "good in terms of absolute level," a representative for the insurer said at a recent briefing.
BUSINESS / Markets
Oct 27, 2023
Japan's life insurers to boost JGB buying but wary of policy shift
Nippon Life, Dai-Ichi Life and Meiji Yasuda Life were among those who said they aimed to buy the longest-dated JGBs amid the highest yields in a decade.
Nippon Life Insurance headquarters in Osaka. Japanese insurers are seeking more investments in private credit, attracted to their floating interest rates as global borrowing costs jump.
BUSINESS / Companies
Aug 18, 2023
Private credit boom attracts Japan insurers with $2.6 trillion
Dai-ichi Life Insurance and Nippon Life Insurance are among companies that are seeking more investments in private credit.
Japan Times
BUSINESS / Companies
Mar 29, 2023
Japan’s Dai-ichi Life turns $260 billion portfolio toward JGBs
Dai-ichi was among the biggest holders of foreign bonds as a result of the BOJ’s decadelong stimulus drive, but now is increasing investments in superlong government bonds.
Japan Times
BUSINESS / Companies
Nov 27, 2022
Citing pandemic, seven Japanese life insurers incur April-September loses
Insurance payments ballooned as life insurers distributed hospitalization benefits to a wide range of policyholders infected with the coronavirus.
Japan Times
JAPAN
Dec 14, 2020
Major Japan life insurers shun investing in nuclear weapons-linked firms
The restraint shown by the life insurers reflects a growing trend toward valuing environmental, social and other such factors in making investment decisions.
Japan Times
BUSINESS / Companies
Apr 9, 2019
Japan's Dai-ichi Life Insurance gets green light to set up shop in Myanmar
Dai-ichi Life Insurance Co. has become one of five foreign insurers to obtain initial approval to enter the Myanmar market via a wholly owned subsidiary.
Japan Times
JAPAN
Oct 11, 2018
Health ministry encourages firms to help workers plan for retirement
Company-run programs to help employees get a head start on preparing for retirement are flourishing in Japan as the country's average life expectancy continues to grow.
BUSINESS / Companies
Sep 4, 2018
Japan's Dai-ichi Life to buy Suncorp Life for $460 million
Dai-ichi Life Holdings Inc. said Tuesday it would buy Suncorp Life, an Australian life insurance unit of Suncorp Group, for 640 million Australian dollars ($460 million), the latest overseas expansion for a Japanese insurer grappling with a shrinking domestic market.
Japan Times
JAPAN
Apr 4, 2017
More firms giving disabled workers key roles
Japanese companies are working to assign intellectually disabled workers key positions as they seek to create more diverse workplaces.
BUSINESS / Companies
Nov 15, 2016
SoFi expands into life insurance through deal with Protective Life
Social Finance Inc., a fast-growing online lender that focuses on high-earning millennials, is broadening its offerings to include life insurance.
Japan Times
JAPAN / Society
Dec 21, 2015
Senior workers increasingly taking special leave to look after grandchildren
Amid an increase in two-income households in Japan, the rate of men who take paternity leave is extremely low, and the availability of day care services remains insufficient. So who looks is looking after the children? The answer is often grandparents.
BUSINESS / Companies
Oct 14, 2015
Nippon Life seeks to seal deal this month to buy Aussie bank's insurance business
Nippon Life Insurance Co. aims to strike a deal this month to buy National Australia Bank's insurance business by next March, sources close to the matter said.
BUSINESS / Companies
Jul 24, 2014
Protective Life shareholder sues over $5.7 billion Dai-ichi deal
Protective Life Corp. is being sued by a shareholder who says a proposed $5.7 billion purchase of the company by Dai-ichi Life Insurance Co. is unfair to investors because other potential bidders were locked out.
Japan Times
BUSINESS / Companies
Jun 2, 2014
Dai-ichi Life edges closer to acquisition of major U.S. insurer
Dai-ichi Life Co. is in advanced talks to buy U.S. insurer Protective Life Corp., in a deal likely to be worth over $5 billion, making it the biggest acquisition by a Japanese insurer yet.
BUSINESS
Apr 28, 2014
Insurers eye foreign bond buys
Three of four major life insurers may buy more foreign bonds in fiscal 2014 ending next March to seek higher returns because yields on Japanese government bond yields are predicted to stay at rock bottom, their asset management plans showed Friday.
Japan Times
BUSINESS / Companies
Jun 1, 2013
Dai-ichi Life plans U.S. expansion
Dai-ichi Life Insurance Co. is planning to expand into the U.S. life insurance market, President Koichiro Watanabe said.

Longform

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