DAIICHI LIFE Aktie

 

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TOKYO (dpa-AFX) - Daiichi Life Group, Inc. (DLICY, DCNSF, 8750.T), a Japanese insurance holding company, on Friday, reported net income declined despite an increase in revenue in the full year end......

Long-time executives Scott Adams and Mark Drew share their plans to retire at year-endBIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation a U.S. subsidiary of Daiichi Life Group, Inc. (Daiichi Life, TSE:8750), today announced that Rich Bielen, Chief Executive Officer, has shared his plans to retire at the end of 2026. Paul Wells, President & Chief Financial Officer, will succeed Bielen as President & Chief Executive Officer, effective January 1, 2027. Protective also announced that Scott Adams, Executive Vice President, Chief Transformation & Strategy Officer, and Mark Drew, Executive Vice President, Chief Legal Officer, long‑tenured members of the company's executive leadership team, have shared their plans to retire at the end of 2026. “Serving as CEO of Protective has been an honor. I am incredibly proud of what our team has accomplished together and deeply grateful to work alongside so many talented colleagues,” said Bielen. “Paul has been an integral part of Protective's growth s...

OLDWICK, N.J.--(BUSINESS WIRE)--#insurance--AM Best has placed under review with positive implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Obsidian Specialty Insurance Company (Delaware) and its pooling affiliates, Obsidian Insurance Company (Ohio) and Obsidian Pacific Insurance Company (Delaware). These companies collectively comprise Obsidian Insurance Group (Obsidian). The under review with positive implications status reflects AM Best's view that the announced acquisition of Obsidian by Protective Life Insurance Company, a principal subsidiary of Protective Life Corporation (Protective), a U.S. subsidiary of Dai-ichi Life Holdings, Inc. [TSE: 8750], could enhance Obsidian's financial flexibility, operating scale and execution capabilities, if completed as contemplated and subject to regulatory approval. The action also considers Obsidian's strategic importance to the prospective parent as a specialty property/casualty ins...

Acquisition will establish a new business line for Protective and broaden product offerings into complementary P&C insurance marketsBIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (Protective), a U.S. subsidiary of Daiichi Life Group, Inc. (Daiichi Life, TSE:8750), announced today that its principal subsidiary, Protective Life Insurance Company, has entered into an agreement with Genstar Capital (Genstar), a leading private equity firm focused on investments in targeted segments of the financial services, software, industrials and healthcare industries, to acquire Obsidian Insurance Holdings, Inc. and its affiliates (Obsidian), a leading property, casualty and specialty insurance platform. “Protective has a long history of growing thoughtfully in ways that strengthen our ability to serve customers and partners,” said Rich Bielen, Chief Executive Officer of Protective. “By bringing Obsidian into Protective, we are adding a high-quality specialty insurance platform that expands where an...

Bloomberg, citing sources, reported that HSBC (00005.HK) has narrowed the shortlist of bidders for its Singapore insurance subsidiary to Allianz, Dai-ichi Life (8750.JP) and Sumitomo Life Insurance.It is understood that the shortlisted bidders are working with advisers to prepare binding offers for HSBC Life Singapore in the com......

Bankruptcies of corporate borrowers in the U.S. have fueled concern about putting cash in the market, and the worries are starting to affect Japanese firms' investment decisions....

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (Protective), a U.S. subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750), will host its Annual Company Update webcast on April 27, 2026, from 11:00 a.m. – 12:00 p.m. CT. Registration for the webcast is available on the event website. Those who plan to join are encouraged to register in advance. During the webcast, members of Protective's leadership team will review the company's 2025 financial results, discuss its current business strategy and share an outlook for 2026. Presenters will include Protective Chief Executive Officer Rich Bielen; President & Chief Financial Officer Paul Wells; Vice Chairman & Chief Operating Officer Wade Harrison; Executive Vice President & Chief Investment Officer Phil Passafiume; and Vice President & Head of Treasury Frank Lassiter. A live question-and-answer session will be held immediately following the presentation. The presentation will be available the morning of the event at https://investor.protective...

HSBC HOLDINGS (00005.HK) announced a strategic review of its Singapore insurance business, with Allianz, Sun Life Financial, Dai-ichi Life Holdings,Inc. (8750.JP), and Nippon Life Insurance weighing bid for the business, Bloomberg reported, citing people familiar with the matter.The sale process reportedly began this month, and ......

TOKYO (dpa-AFX) - Dai-ichi Life Holdings, Inc. (DLICY) revealed earnings for its nine months that Increased, from the same period last yearThe company's bottom line came in at JPY370.344 billion, ......

The information taken from the insurance agents without permission included personal data of customers, Dai-ichi Life Holdings said....

The information taken from the insurance agents without permission included personal data of customers, Dai-ichi Life Holdings said....

SINGAPORE--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Partners Life Limited (Partners Life) (New Zealand). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Partners Life's balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management. The ratings also incorporate rating enhancement from Dai-ichi Life Holdings, Inc. (Dai-ichi) [TSE: 8750]. Partners Life's balance sheet strength assessment is underpinned by its risk-adjusted capitalisation, which is expected to remain at the strongest level over the medium term, as measured by Best's Capital Adequacy Ratio (BCAR). AM Best also assesses the insurer as having strong financial flexibility and a conservative investment strategy. A partially offsetting balance sheet strength factor is Partners Life's reliance on...

Dai-ichi Life Holdings Inc. plans to raise wages by about 7% on average in the fiscal year starting April 2026, according to a spokesperson....

Strategic transaction strengthens Protective Asset Protection's market leadership and expands dealer wealth solutions across multiple vehicle sectorsBIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (Protective), a U.S. subsidiary of Dai-ichi Life Holdings, Inc. (Dai-ichi) (TSE:8750), today announced that it has completed the acquisition of Portfolio Holding, Inc. (Portfolio) and its subsidiaries from Abry Partners. The transaction unites two leading providers of finance and insurance (F&I) solutions and dealer wealth programs, expanding Protective's reach across automotive, RV, powersports and marine sectors. The addition of Portfolio marks a significant milestone for Protective's Asset Protection Division, growing the number of customers served while bringing an established distribution network, award-winning service reputation and a comprehensive suite of reinsurance and dealer wealth-building programs that enhance Protective's existing offerings. “Over the past decade, Protective As...

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Tokyo, Nov. 21 (Jiji Press)--Three of Japan's four major life insurance companies enjoyed insurance premium income growth in April-September, their earnings reports have shown. All the four--Nippon Life Insurance Co., Meiji Yasuda Life Insurance Co., Sumitomo Life Insurance Co. and Dai-ichi Life Holdings Inc.--saw their single-premium whole life insurance policies and savings-type products ......

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......

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...

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...