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Dai-ichi Life Holdings Inc (8750.T)

8750.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

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

Dai-ichi Life Insurance raises consolidated full-year outlook and year-end dividend forecast for FY 2015
Friday, 1 May 2015 03:50am EDT 

Dai-ichi Life Insurance Co Ltd:Full-year operating profit forecast increased to 72,520 million yen from 64,090 million yen for FY ended March 2015.Full-year ordinary profit forecast increased to 4,060 million yen from 3,180 million yen.Full-year net profit forecast increased to 1,420 million yen from 800 million yen.Comments the increased income from insurance premiums and increased investment income are the main reasons for the forecast.Raises year-end dividend forecast to 28 yen per share from 25 yen per share, for fiscal year 2015.  Full Article

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