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Dai-ichi Life Holdings Inc (8750.T)

8750.T on Tokyo Stock Exchange

1,980JPY
1:00am EST
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¥36 (+1.85%)
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¥1,944
Open
¥1,980
Day's High
¥1,990
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¥1,966
Volume
7,171,800
Avg. Vol
8,839,274
52-wk High
¥2,165
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¥1,007

Latest Key Developments (Source: Significant Developments)

Dai-Ichi Life Insurance Co Ltd to acquire United States Warranty Corp - Nikkei
Monday, 22 Aug 2016 02:09pm EDT 

Nikkei: Dai-Ichi Life Insurance to acquire united states warranty corp for deal valued at $127 million - nikkei .Ichi Life Insurance Co Ltd will acquire United States Warranty Corp, through Dai-Ichi's american subsidiary -Nikkei.  Full Article

Dai-ichi Life Insurance plans $2.5 bln worth of dollars dominated perpetuity subordinated corporation bonds
Thursday, 14 Jul 2016 03:20am EDT 

Dai-ichi Life Insurance Co Ltd <8750.T> : Says it plans to issue dollars dominated perpetuity subordinated corporation bonds worth $2.5 billion with annual rate of 4.00 percent (be valid to July 2026) .Says payment date on July 20.  Full Article

Bank of India sells 18 pct stake in Star Union Dai-Ichi Life to Dai-Ichi Life Insurace<8750.T>
Tuesday, 21 Jun 2016 02:43am EDT 

Bank of India Ltd : Sold its 18% stake in star Union Dai Ichi Life Insurance Company-Ltd (SUD) to Dai Ichi Life-Insurace Company Limited (DILIC) .  Full Article

Dai ichi Life Insurance Co seen posting 20 pct rise in FY net profit - Nikkei<8750.T>
Wednesday, 11 May 2016 02:35pm EDT 

Nikkei: Dai ichi Life Insurance Co's FY group net profit likely to climb 20% to more than 170 billion yen - nikkei . Dai ichi Life Insurance Co's FY premium income is estimated at around 5.5 trillion yen, up around 2% - nikkei . Dai-ichi life insurance co is still expected to stay on track for profit growth in current fiscal year ending March 2017 - nikkei .  Full Article

Dai-ichi Life Insurance to change name to Dai-ichi Life Holdings,Inc.
Friday, 8 Apr 2016 03:00am EDT 

Dai-ichi Life Insurance Co Ltd:To change name to Dai-ichi Life Holdings,Inc. due to transition to holding company structure.Effective date on Oct. 1.  Full Article

Dai-ichi Life Insurance forms business alliance with Japan Post Insurance Co Ltd
Tuesday, 29 Mar 2016 03:00am EDT 

Dai-ichi Life Insurance Co Ltd:Formed a business alliance with Japan Post Insurance Co Ltd on March 29.Through the business alliance, the two companies will work together on the overseas life insurance business, asset operation business, as well as joint research on domestic life insurance business.  Full Article

Dai-ichi Life Insurance announces transition to holding company structure
Thursday, 17 Mar 2016 03:00am EDT 

Dai-ichi Life Insurance Co Ltd:To set a wholly-owned subsidiary based in Tokyo as the successor preparatory company on April 1.To transfer its domestic life insurance business to the new subsidiary and restructure itself into holding company, effective Oct. 1.  Full Article

R&I affirms rating on Dai-ichi Life Insurance Co Ltd at “A+” and rating outlook stable
Friday, 4 Mar 2016 01:00am EST 

Dai-ichi Life Insurance Co Ltd:Rating and Investment Information, Inc. (R&I) announced that it has affirmed the rating on Dai-ichi Life Insurance Co Ltd at “A+”.Rating outlook stable.  Full Article

Dai-ichi Life Insurance raises consolidated full-year revenue outlook for FY 2016
Friday, 13 Nov 2015 02:30am EST 

Dai-ichi Life Insurance Co Ltd:Says the company increased the consolidated full-year outlook for revenue to 7,096 bln yen from 6,773 bln yen, for the fiscal year ending March 31, 2016.Confirms the ordinary profit forecast at 369 bln yen.Confirms the net profit forecast at 161 bln yen.Says revenue outlook raised due to improvement in sales of insurance products.  Full Article

Dai-ichi Life Insurance announces effective date of transition to holding company structure
Friday, 30 Oct 2015 03:00am EDT 

Dai-ichi Life Insurance Co Ltd:To restructure the company into a holding company, effective Oct. 1, 2016.To set up a subsidiary in early April, 2016 as preparation company.  Full Article

Japan's Dai-ichi Life says readies for M&A at home, eyes overseas deals

TOKYO Japan's Dai-ichi Life Holdings is gearing up to acquire domestic rivals as ultra-low interest rates push the country's $400 billion life insurance industry towards consolidation in the medium term, its president said.