All 3 Major Japanese Nonlife Insurers Post Record Profits
Tokyo, Nov. 20 (Jiji Press)--All three major Japanese nonlife insurance firms posted record consolidated net profits in April-September thanks to gains from the sale of cross-held shares and strong overseas operations.
According to earnings reports for the first half of fiscal 2024 released on Tuesday, Tokio Marine Holdings Inc. saw its net profit surge some 3.4-fold from a year earlier to 688.5 billion yen, while MS&AD Insurance Group Holdings Inc.'s net profit was some 5.2 times larger at 458.9 billion yen. Sompo Holdings Inc.'s net profit roughly doubled to 262.2 billion yen.
(2024/11/20-10:55)
To read a full story, please click here to find out how to subscribe.
BUSINESS
- 11/20 21:58 Tokyo Metro to Join Elizabeth Line Operation in London
- 11/20 13:05 (Update) All 3 Major Japanese Nonlife Insurers Post Record Profits
- 11/20 10:55 All 3 Major Japanese Nonlife Insurers Post Record Profits
- 11/20 00:02 Sony Group Considers Buying Kadokawa
- 11/19 18:32 (Update) Norinchukin Bank Logs 893.9-B.-Yen Net Loss in April-Sept.
- 11/19 17:56 Norinchukin Bank Logs 893.9-B.-Yen Net Loss in April-Sept.
- 11/18 19:49 JR East, Shochiku Form Tie-Up on Tourism, Regional Revitalization
- 11/18 19:13 Microsoft Opens AI, Robotics Research Base in Tokyo
- 11/15 22:35 KKR Raises Tender Offer Price for Fuji Soft
- 11/14 22:03 5 Major Japanese Banking Groups' Net Profits Jump in 1st Half
- 11/14 21:58 Over 70 Pct of Japan Regional Banks Log Higher April-Sept. Profits
- 11/14 21:32 Mizuho, Rakuten to Jointly Issue Credit Card
