life insurance
For the first half of fiscal year 2025 (FY25.1H), Sony Financial Group delivered a Group Consolidated Adjusted Net Income of ¥45.9 billion, based on IFRS Accounting Standards. This result represents a 4.8% decrease (¥2.3 billion) compared to the same period in the previous fiscal year. The
Insurance
NeoFirst Life Insurance announces that Prudential Life Insurance Company of Japan will begin selling NeoFirst's cancer insurance product "Neo de Ganchiryou" from Monday, December 1, 2025. This initiative is being implemented as part of the strategic business alliance between Prudential Financial and Dai-ichi Life Holdings announced
data
The Snowflake World Tour stopped by in Tokyo on September 11 & 12, with some interesting Finance case studies on the agenda. This presentation details the successful project by Japan Post (Kampo) Life Insurance, one of Japan's largest life insurers, to overhaul its data analytics infrastructure using Snowflake.
reinsurance
Athene, the leading retirement services company and subsidiary of Apollo Global Management, has announced that it intends to enter a block reinsurance transaction with Sony Life Insurance, a top-rated Japanese insurer. As part of this transaction, Athene will reinsure an in-force block of U.S. dollar denominated whole life insurance
Insurance
On July 22, 2025, S&P Global Ratings hosted a live webinar titled "Japan Insurance Sector Trend," providing an in-depth analysis of the current state and future outlook for Japan's life and non-life insurance industries. The presentation, led by Director Toshiko Sekine and Associate Director
life insurance
Neo First Life Insurance, a member of the Dai-ichi Life Group, has entered into a business partnership with Car Seven DigiField, which operates a used car buying and selling franchise chain. Through this business partnership, Neo First Life Insurance will begin providing various insurance services and information, including an "
corporate venture capital
Sumitomo Life has made an investment in EverEx through its CVC fund "SUMISEI INNOVATION FUND", operated by SBI Investment. Background of the Investment Sumitomo Life aims to provide services that contribute to customers' well-being through WaaS (Well-being as a Service), centered on the Vitality health program that
life insurance
Resolution Life has closed a further reinsurance transaction in Japan, its first block transaction since the announcement of Nippon Life’s proposed acquisition of Resolution Life. Resolution Life has entered into a reinsurance agreement with Anshin Life, a domestic life insurance subsidiary of Tokio Marine Holdings, a global insurance holding
life insurance
Dai-ichi Life Holdings has decided to make an additional investment of approximately 10.3% in Capula, a leading UK-based alternative management firm with world-class expertise in fixed-income arbitrage, crisis alpha and global macro strategies, while agreeing to transfer all shares held by Dai-ichi Life International in Ocean Life Insurance, a
life insurance
LIFENET Insurance Company has released its results for fiscal year 2024 (ending in March 2025), providing a comprehensive overview of its financial performance, strategic initiatives, and future outlook. LIFENET's key achievements in FY2024 include significant growth in annualized premium of policies-in-force, strong insurance service results, and steady growth
neobank
Sony Group is embarking on a significant strategic shift by partially spinning off its Financial Services business. The motivation behind this move is multifaceted, encompassing a desire for greater focus on core entertainment and technology areas, enhanced operational agility for both Sony and the financial services entity, and an improved
reinsurance
This "Standard Formula" podcast episode by Skadden delves into the intricate landscape of prudential insurance regulation in Japan, a topic gaining traction due to its significant impact on the burgeoning reinsurance market. As part of a year-long series exploring global solvency requirements, the discussion is anchored by Japan&