Nippon Life Insurance Company
Nippon Life Insurance Company, also known as Nissay or Nihon Seimei is the largest Japanese life insurance company by revenue.
See below for the Latest Nippon Life Insurance Company News, Analysis, Profit Results, Share Price Information, and Commentary
Ping An remains world’s top insurance brand at $34b: Brand Finance
India’s Life Insurance Corporation’s brand value rose by 36%.
Japanese insurers see profit surge in H1 2024, investment gains
The outlook for fiscal 2024 remains positive, said CreditSights.
Nissay set for growth with $8.2b acquisition: AM Best
Nissay plans to integrate MLC with Resolution Life Australia after the deal.
Nippon’s H1 2024 core profit surges 36% despite premiums decline
New annualised premiums for individual and annuity insurance fell by 1.8% YoY.
Resolution Life acquisition could add $330m to Nippon Life's profit
Fitch views the transaction as credit-positive for Nippon Life.
Nippon Life eyes $8.2b Resolution Life buyout
If finalised, the deal would be the largest overseas acquisition by a Japanese insurer.
Nippon Life's capital adequacy amongst strongest of Japanese insurers
The insurer’s core profit margin increased to 13% in 2023 from 11% a year earlier.
Interest grows in Asian life insurers' market dynamics
Yet, FX risks loom over Taiwanese life insurers.
Nippon Life’s Q1 2024 net income skyrockets to $770m
Total new policies saw $4.1m during the period.
Nippon Life sees benefits from rising rates, market diversity
Revenue and profit for FY 2024 are projected to decline.
Corebidge acquisition could catapult Nippoin Life’s profitability
Fitch projects an increase in consolidated core profit by ~$580m.
AIG sells 20% stake in Corebridge to Nippon Life
AIG will keep its 9.9% share in Corebridge for two years.
Nippon Life eyes 20% surge in core operating profit by 2026
The insurance company laid out its three-year targets focusing on boosting revenues.
Nippon Life establishes new subsidiary in Mumbai
Nippon Life has been operating in India through life insurance and asset management businesses.
Nissay positioned for stability with strong capital and operating profits – AM Best
AM Best also expects Nissay’s 2023 performance to recover.
Nippon Life acquired a nursing care group: Report
The acquisition is worth $1.43b.
Commentary
The increasing number of affluent individuals in India and their evolving insurance needs
Rethinking insurance for the masses