Dai ichi Life : November 18, 2021 Presentation Material with Speech Text PDF
November 18, 2021 at 04:02 am
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Good morning. This is Seiji Inagaki, President of Dai-ichi Life Holdings, Inc.
Thank you for joining our Financial Analyst Conference Call for the Six Months Ended September 2021.
Today, I will review the first half year performance results followed by the update on the progress of Re-connect 2023 mid-term management plan.
Please turn to page 5.
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Let me begin with review of our sales performance.
Although domestic life new business ANP increased significantly, reflecting a recovery from sales activities constraints in the previous comparable period, ANP fell slightly when compared to the pre-Covid-19 period performance. Meanwhile, overseas life sales were steady and for the group the new business ANP was almost flat when compared to the pre-Covid-19 period.
Group value of new business (VNB) increased when compared to the pre- Covid-19 period performance (value before the standard change). However, we have revised down the group VNB full-year forecast, mainly because of low progress at DL and DFL against initial full-year forecast.
Please refer to page 6.
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Dai-ichi Life Holdings Inc. published this content on 18 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 November 2021 04:01:00 UTC.
Dai-ichi Life Holdings, Inc. is a holding company specializing in life insurance. The group provides primarily savings, pension and health contracts.
Net sales are distributed geographically as follows: Japan (71.6%), the United States (19.7%) and other (8.7%).