Dai-ichi Life Insurance Co Ltd (8750.T) Key Developments | Reuters.com
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Dai-ichi Life Insurance Co Ltd (8750.T)

8750.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

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

Dai-ichi Life Insurance to acquire term insurance blocks from Genworth Financial through U.S-based subsidiary
Wednesday, 30 Sep 2015 08:00pm EDT 

Dai-ichi Life Insurance Co Ltd:Says U.S-based subsidiary Protective Life Corporation to acquire term insurance blocks from U.S-based company Genworth Financial, Inc, through reinsurance format.Transaction amount about $2,300 mln or about 275.9 bln yen.Planned effective in Jan. 2016.  Full Article

Dai-ichi Life Insurance announces transition to holding company structure
Friday, 15 May 2015 03:30am EDT 

Dai-ichi Life Insurance Co Ltd:To restructure the company into a holding company.Planned effective in October.  Full Article

Fitch Upgrades Dai-ichi Life's IFS Rating to 'A+'; Outlook Negative

(The following statement was released by the rating agency) TOKYO/HONG KONG, June 24 (Fitch) Fitch Ratings has upgraded The Dai-ichi Life Insurance Company, Limited's (Dai-ichi Life) Insurer Financial Strength (IFS) Rating to 'A+' from 'A'. The Outlook is Negative. Fitch has simultaneously affirmed Dai-ichi Life's Long-Term Issuer Default Rating (IDR) at 'A' and revised the Outlook to Stable from Negative. Fitch has also affirmed at 'A-' the ratings on Dai-ichi Life's USD1.3bn cumulative p