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14.11.25 - 07:48
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Dai-ichi Life Holdings, Inc. H1 Profit Retreats (AFX)
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TOKYO (dpa-AFX) - Dai-ichi Life Holdings, Inc. (DLICY) released earnings for first half that Dropped, from the same period last yearThe company's earnings came in at JPY209.602 billion, or JPY57.2......
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12.11.25 - 20:09
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Protective Announces Key Leadership Promotions to Support Continued Growth (Business Wire)
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Paul Wells to serve as President & Chief Financial Officer, and Wade Harrison to become Vice Chairman & Chief Operating OfficerBIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (Protective), a U.S. subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750), is pleased to announce the promotion of two senior leaders that will position the company for future growth. Effective January 1, 2026, Paul Wells will assume the role of President, Chief Financial Officer, and Wade Harrison will be become Vice Chairman, Chief Operating Officer.
As President and CFO, Paul Wells will play a pivotal role in executing Protective's strategic objectives, while also leading a unified financial organization that now includes investments and acquisitions. This move fosters even greater collaboration to drive Protective's long-term strategy.
As Vice Chairman and COO, Wade Harrison will maintain his current responsibilities overseeing Protective's retail businesses, operations, technology and marketing. Harrison's el...
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30.10.25 - 15:30
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Abry Partners Announces Sale of F&I and Dealer Reinsurance Leader Portfolio to Protective Life (Business Wire)
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Strategic transaction follows a six-year partnership and positions the combined business for continued growthBOSTON--(BUSINESS WIRE)--Abry Partners (“Abry”), a Boston-based private equity firm, today announced that its portfolio company Portfolio Holding, Inc. (“Portfolio”) has reached an agreement to be acquired by Protective Life Insurance Company (“Protective Life”), the principal subsidiary of Protective Life Corporation (“Protective”), a wholly owned U.S. subsidiary of Dai-ichi Life Holdings, Inc. The transaction is subject to the receipt of regulatory approvals and satisfaction of customary closing conditions and is expected to close in the fourth quarter of 2025 or the first quarter of 2026.
Founded in 1990 and headquartered in Lake Forest, California with offices in Dallas and Cleveland, Portfolio is a leading provider of reinsurance management services and finance and insurance (“F&I”) products for dealers nationwide. With approximately 450 employees and a national, multi-chan...
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30.10.25 - 15:21
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Protective to Acquire Portfolio, Enhancing Dealer Wealth and F&I Solutions (Business Wire)
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Strategic acquisition strengthens Protective's commitment to innovative finance and insurance offerings across automotive, RV, powersports and marine productsBIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (Protective), a U.S. subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750), announced today that it has entered into an agreement to acquire Portfolio Holding, Inc. (Portfolio) and its subsidiaries from Abry Partners. Portfolio is a leading provider of reinsurance management services and finance and insurance (F&I) products for dealers nationwide.
This acquisition marks a significant milestone in Protective's strategic growth within its F&I products and services. By integrating Portfolio's dealer wealth programs and technology platform, Protective expands its ability to deliver leading solutions that drive dealer success and customer satisfaction.
“Portfolio is a natural fit for Protective—not only for its complementary offerings, but for its shared commitment to innovation and dea...
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02.10.25 - 16:21
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AM Best Withdraws Credit Ratings of The Dai-ichi Life Insurance Company, Limited (Business Wire)
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HONG KONG--(BUSINESS WIRE)--#insurance--AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-” (Superior) of The Dai-ichi Life Insurance Company, Limited (DL) (Japan), the wholly owned operating subsidiary of Dai-ichi Life Holdings, Inc. (DLH). The outlook of these Credit Ratings (ratings) is stable. Concurrently, AM Best has withdrawn these ratings as the company has requested to no longer participate in AM Best's interactive rating process.
The ratings reflect DLH's balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, favourable business profile and appropriate enterprise risk management.
DLH is the ultimate parent for the entire Dai-ichi organisation. AM Best views DL as being integral to the group, given its financial, operational and strategic importance to the overall organisation. Accordingly, DL's ratings were based upon the assessment of credit fundamentals of the DLH organis...
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08.08.25 - 09:18
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Dai-ichi Life Q1 Net Income Declines (AFX)
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BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Dai-ichi Life Holdings reported first quarter net Income attributable to shareholders of parent company of 43.2 billion yen, down 68.1% from a year ago. Net in......
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10.06.25 - 18:06
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Dai-ichi Life teams up with Capgemini to set up its first GCC outside Japan in Hyderabad (Times of India)
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Dai-ichi Life Group has partnered with Capgemini to establish its first global capability center (GCC) outside Japan in Hyderabad, aiming to accelerate its digital transformation. This strategic collaboration will initially span Japan, the United States, and Australia, leveraging the GCC's digital capabilities in areas like AI, data solutions, and cybersecurity. The partnership seeks to streamline operations and enhance customer experience....
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