, Japan
141 views
/Ngampol7380 from Envato

Nippon Life’s net income surges 63% YoY in 9M 2024

Ordinary expenses narrowed to $3.2b.

Nippon Life’s consolidated net income for the nine months to December (9M 2024) jumped 63% year-on-year (YoY) to $3.2b (¥475b).

However, ordinary income dipped 3.1% YoY to $56.5t (¥8.44t). Meanwhile, ordinary expenses narrowed by 5.3% YoY to $53.6t (¥8t).

The amount of policies in-force for the period totalled 34.4 million. Total new policies for the period saw 2.9 million.

 

Follow the link s for more news on

Join Insurance Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

Zurich launches $5b share sale to fund Beazley bid
Offer values Beazley at 1,335 pence per share including 1,310 pence cash and 25 pence dividend.
Insurance
GAIP shifts from research to policy tools in 2025
It will also advance its Asia Risk Platform with rollout set for 2026.
Insurance
QBE Insurance moves to take full control of Raheja QBE
Deal ends 18 years of joint ownership with Prism Johnson Limited, pending regulator review.
Insurance