Company Overview of Meiji Yasuda Life Insurance Company
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
Founded in 1881
Key Executives for Meiji Yasuda Life Insurance Company
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
Aug 8 14
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
Aug 6 14
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
Nov 27 13
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.
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