All 4 Major Japanese Life Insurers Post Record Profits in FY 2024

Tokyo, May 28 (Jiji Press)--All four major Japanese life insurance firms posted record core business profits in fiscal 2024, thanks to higher investment gains. A weaker yen boosted the insurance companies' interest income on their foreign bond holdings in yen terms, and their stock dividend income increased on the back of strong performance of domestic companies, according to the insurers' e...

All 4 Major Japanese Life Insurers Post Record Profits in FY 2024
Tokyo, May 28 (Jiji Press)--All four major Japanese life insurance firms posted record core business profits in fiscal 2024, thanks to higher investment gains. A weaker yen boosted the insurance companies' interest income on their foreign bond holdings in yen terms, and their stock dividend income increased on the back of strong performance of domestic companies, according to the insurers' e...