July 25, 2014 3:17 AM ET

Insurance

Company Overview of Meiji Yasuda Life Insurance Company

Company Overview

Meiji Yasuda Life Insurance Company provides various insurance services in the life insurance industry in Japan, rest of Asia, North America, and Europe. The company offers various insurance solutions, such as individual life insurance, individual annuities, group life insurance, and group pension products. It also provides international insurance services for the insurance and annuity needs of the overseas branches and subsidiaries of multinational corporations; and international reinsurance products comprising reinsurance of life, accident, and health insurance policies. The company sells its products through its sales personnel; OTC sale at banks and other financial institutions; and an a...

1-1, Marunouchi 2-chome

Chiyoda-ku

Tokyo,  100-0005

Japan

Founded in 1881

38,000 Employees

Phone:

81 3 3283 8293

Fax:

81 3 3215 8123

Key Executives for Meiji Yasuda Life Insurance Company

President
Age: 65
Chairman
Age: 65
Head of New York Operations and President of Meiji Yasuda America Inc
Chief Executive of Investment and Managing Executive Officer
Chief Executive of Group Marketing and Senior Managing Executive Officer
Compensation as of Fiscal Year 2014.

Meiji Yasuda Life Insurance Company Key Developments

Meiji Yasuda Life Insurance Company Reports Earnings Results for the Six Months Ended September 2013

Meiji Yasuda Life Insurance Company reported earnings results for the six months ended September 2013. For the period, the company reported premium revenue of ¥1,917.3 billion and core biz profit of ¥220.1 billion.

Meiji Yasuda Life Insurance Co. Reports Earnings Results for the Quarter Ended June 2013

Meiji Yasuda Life Insurance Co. reported earnings results for the quarter ended June 2013. For the quarter, the company reported core business profit of ¥98.4 billion and premium revenue of ¥937.1 billion for the last year.

Meiji Yasuda Reportedly In Final Stages Of Talks For Acquiring 15% Stake In Thai Life

Meiji Yasuda Life Insurance Company is in final stages of talks to acquire 15% stake in Thai Life Insurance Co., Ltd., reported Kyodo News citing sources familiar with the matter. According to the sources, with the planned investment worth about ¥70 billion, Meiji Yasuda seeks to make the major Thai insurer into an equity-method affiliate and dispatch executives. The sources added that the deal is expected to be finalized within the month, with Meiji Yasuda planning to provide the Thai Life Insurance with know-how in insurance product development and marketing at bank counters.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 24, 2013
PT Avrist Assurance
Merger/Acquisition
December 16, 2013
Acces Co., Ltd.
Private Placement
July 26, 2013
Thai Life Insurance Public Company Limited
 

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