Browsing: Meiji Yasuda

Japanese insurer reports significant increase in unrealized losses on domestic bond holdings due to climbing interest rates

CreditSights issues an ‘Outperform’ recommendation for Meiji Yasuda, highlighting its financial strength and growth prospects.

Legal & General Group Plc (L&G) has agreed to sell its US insurance operations to Japan’s Meiji Yasuda Life Insurance Co in a deal valued at $2.3 billion. This strategic move allows L&G to sharpen its focus on core business areas.

Meiji Yasuda Life Insurance plans to invest ¥150 billion ($1 billion) with Man Group to boost profits through private assets.