October 31, 2014 12:33 PM 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 Quarter Ended June 30, 2014

Meiji Yasuda Life Insurance Company reported earnings results for the quarter ended June 30, 2014. For the quarter, premium and other income was ¥942.8 billion against ¥937.1 billion a year ago. Base profit was ¥108.2 billion against ¥98.4 billion a year ago.

Meiji Yasuda Mulls Acquisitions

Meiji Yasuda Life Insurance Company intends to pursue acquisitions. Meiji Yasuda is seeking acquisition opportunities in the United States in addition to emerging markets such as Southeast Asia, Hiroaki Tonooka, Deputy President of Meiji Yasuda, told Reuters. "Our main targets are growth markets such as Southeast Asia, Central and Eastern Europe, and Latin America. But these areas take time (to make profit contributions). So we are also looking at developed markets including North America," he said. He added that the company would consider buying a majority stake in future overseas M&A deals. He also added that the company can use up to ¥250 billion for overseas acquisitions during the three years through March 2017.

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.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 24, 2013
PT Avrist Assurance
Merger/Acquisition
December 16, 2013
Acces Co., Ltd.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Meiji Yasuda Life Insurance Company, please visit www.meijiyasuda.co.jp. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.