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28.09.26 - 03:30
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BOJ "Tankan" Likely to Show Stronger Manufacturers′ Sentiment (Nippon)
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Tokyo, Sept. 28 (Jiji Press)--The Bank of Japan's "tankan" quarterly survey for September, due out Thursday, is expected to show an improvement in business sentiment among major Japanese manufacturers, according to forecasts by private think tanks. Many think tanks, including Daiichi Life Research Institute Co., expect demand related to artificial intelligence and semiconductors to boost bu......
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23.09.26 - 16:18
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Protective Life Corporation names Casey Hardeman Chief Financial Officer, Dom Lebel Chief Risk & Actuarial Officer (Business Wire)
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Appointments reflect planned succession as Paul Wells transitions to CEOBIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (Protective), a U.S. subsidiary of Daiichi Life Group, Inc. (Daiichi Life, TSE:8750), today announced that Casey Hardeman will become Chief Financial Officer and Dom Lebel will become Chief Risk & Actuarial Officer, effective October 1.The appointments establish key members of Protective's leadership team as Paul Wells prepares to become Chief Executive Officer on January 1, 2027. Hardeman will succeed Wells as Chief Financial Officer. Lebel will lead an expanded organization that brings Protective's risk and financial actuarial functions under one leader."Casey and I have worked together for 18 years, and I've watched him play a critical role in building our finance organization into one that serves as an integral business partner to our leaders and provides valuable insights to optimize our performance. Dom joined us in 2024 and has sharpened our approach to risk...
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10.09.26 - 15:54
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AM Best Places Credit Ratings of Fidelity Life Assurance Company Limited Under Review With Positive Implications (Business Wire)
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SINGAPORE--(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 Fidelity Life Assurance Company Limited (Fidelity Life Assurance) (New Zealand).The Credit Rating (rating) actions follow the announcement on 3 September 2026, that Partners Group Holdings Limited, a wholly owned New Zealand subsidiary of Daiichi Life Group, Inc. [TSE: 8750], has entered into a share purchase agreement to acquire Fidelity Life Assurance. The transaction, which is subject to required regulatory approvals and other completion requirements, is expected to be completed in 2027.The ratings will remain under review with positive implications pending the completion of the transaction and AM Best's review of Fidelity Life Assurance's credit rating fundamentals post-acquisition, including any potential rating enhancement that could arise from the change in ownership.Ratings are communic...
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14.05.26 - 15:03
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Protective Announces CEO Rich Bielen′s Plans to Retire, Names Paul Wells Next President & CEO (Business Wire)
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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...
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