Securities Code: 7157 TSE Mothers
Presentation
Material for
Investors
Second Quarter
for Fiscal 2021
November 10, 2021
LIFENET is...
Comprehensible
Cost-Competitive
Convenient
- Remembering the original purpose of life insurance - mutual support
- Helping our customers embrace life more fully
1
Table of Contents
- Results for 2Q of Fiscal 2021
- Future Initiatives
2
Overview of 1H for Fiscal 2021
Annualized premium1 of
policies-in-force
20,231 million yen
(108.1% vs. end of FY2020)
Annualized premium1 of
new business
2,174 million yen
(Y-on-Y100.7%)
EEV2 (European Embedded Value)
112,104 million yen
(117.8% vs. end of FY2020)
Adjusted incremental EV3
3,439 million yen
(Y-on-Y76.5%)
Notable Achievements
Expanded the | Transformation to | Raised new capital |
White Label business | an online platform | for future growth |
1. | The amount of money equivalent to what is to be paid to have the insurance coverage for one year. All payments are monthly installments, thus the annualized | |
premium is calculated as multiplying the monthly premium by 12 months. | ||
2. | EEV as of September 30, 2021 is calculated by updating the operating assumptions used for June 30, 2021, and has not been reviewed by third-party specialists. | 3 |
3. | Adjusted incremental EV consisted of components adequately reflecting our business growth for fiscal 2021, see page 16 and 41 for details. |
Annualized Premium /
Number of Policies-in-Force
: Annualized premium of policies-in-force1 (JPY billions)
: Number of policies-in-force
20.2
11.9
10.4
283,207
248,635
14.2 |
334,528
17.2 | 476,906 |
405,403 | ◼ Exceeded JPY20bn |
in annualized | |
premium |
- Year-on-yearannualized premium 117.4%,
number of policies- in-force117.6%
1. The amount of money equivalent to what is to be paid to have the insurance coverage for one year. All payments are monthly installments, thus the annualized | 4 |
premium is calculated as multiplying the monthly premium by 12 months. |
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Disclaimer
Lifenet Insurance Co. published this content on 10 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 November 2021 06:44:16 UTC.