April 2021: MONTHLY DISCLOSURE

NEWS RELEASE

May 12, 2021

Ryosuke Mori, President

LIFENET INSURANCE COMPANY

(Securities Code: 7157, TSE Mothers)

April 2021: MONTHLY DISCLOSURE

Annualized premium of policies-in-force was 18,959 million yen, 119% of April 2020

TOKYO, May 12, 2021 - LIFENET INSURANCE COMPANY (TSE Mothers 7157, President Ryosuke Mori, URL: https://ir.lifenet-seimei.co.jp/en/)announces the monthly business performance for April 2021.

Annualized premium*1 of new business in the month of April 2021 was 361 million yen (79% of April 2020), and the number of new business was 8,890 (80% of April 2020).

Accordingly, annualized premium*1 of policies-in-force was 18,959 million yen. The number of policies-in-force as of the end of April 2021 resulted in a total of 445,951, and sum insured of policies-in-force stands at 3,027,376 million yen.

In April 2021, insurance premiums and claims and benefits recorded 1,535 million yen (120% of April 2020) and 363 million yen (129% of April 2020), respectively.

Topics
Apr. 12	Term Life and Long-term Disability Ranked 1st for Fifth Consecutive Year in Kakaku.com
	Insurance Award 2021
	https://data.swcms.net/file/lifenet-seimei/en/news/index/auto_20210412492723/pdfFile.pdf
Apr. 14	Lifenet to Establish New Joint Venture
	https://data.swcms.net/file/lifenet-seimei/en/news/index/auto_20210414494375/pdfFile.pdf
Apr. 26	Notice of Termination of Strategic Alliance Agreement between Lifenet and Swiss Re Life
	Capital
	https://data.swcms.net/file/lifenet-seimei/en/news/index/auto_20210425499506/pdfFile.pdf

Lifenet's steady growth of policies-in-force has been driven by the public's increasing support and interest in its Manifesto; to offer simple, convenient and competitively priced products and services based on the highest levels of business integrity. Lifenet will continue to build its customers' trust and satisfaction by improving our website and contact center, by ensuring thorough and transparent disclosure of information, and by adhering to our Manifesto, offering our products and services twenty four hours a day, seven days a week through the convenience of our website.

(Manifesto of Lifenethttps://ir.lifenet-seimei.co.jp/en/company/manifesto.html)

Copyright© LIFENET INSURANCE COMPANY All rights reserved.

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NEWS RELEASE

Number of new business, policies-in-force and premiums and claims (preliminary report)*2

		Number of new business (month)	Apr. 2021	Apr. 2020
		Number of new business	8,890	11,078
		Sum insured of new business*3(million yen)	49,065	69,326
		Annualized premium*1(million yen)	361	456
			- excl. death coverage (million yen)	195	243
		Number of new business (accumulated total)	Apr. 2021 - Apr. 2021	Apr. 2020 - Apr. 2020
		Number of new business	8,890	11,078
		Sum insured of new business*3(million yen)	49,065	69,326
		Annualized premium*1 (million yen)	361	456
			- excl. death coverage (million yen)	195	243
		Number of policies-in-force	End of Apr. 2021	End of Apr. 2020
		Number of policies-in-force	445,951	374,328
			- Term Life	216,837	180,360
			- Whole-life Medical	121,754	102,833
			- Term Medical Care	8,800	9,082
			- Long-term Disability	59,844	55,407
			- Cancer	38,716	26,646
		Sum insured of policies-in-force*3 (million yen)	3,027,376	2,624,062
		Annualized premium*1 (million yen)	18,959	15,890
			- excl. death coverage (million yen)	9,686	8,161
		Insurance premiums and claims (million yen)	Apr. 2021	Apr. 2020
		Insurance premiums	1,535	1,281
		Insurance claims and benefits	363	282
*1:		Annualized premium is the amount of money equivalent to what is to be paid to have the insurance coverage for one year. All
			payments for Lifenet products are in monthly installments, thus the annualized premium is calculated as multiplying the
			monthly premium by 12 months.
*2:		This report is preliminary and may be different from the final settlement report.
*3:		Sum insured of new business and sum insured of policies-in-force are the sum of death coverage, and do not include medical
			and survival coverage.

Contact:

Investor Relations, Corporate Planning Department

Tel: [phone]

e-mail:[e-mail]

Disclaimer: This is a summarized translation of the original Japanese document, prepared and provided solely for readers' convenience. In case of any discrepancy or dispute, the Japanese document prevails.

Copyright© LIFENET INSURANCE COMPANY All rights reserved.

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