Lifenet Insurance Company (JP:7157) has released an update.
Lifenet Insurance Company has reported an increase in their annualized premium for policies-in-force, reaching 29,507 million yen at the end of the first quarter for fiscal 2024. Insurance revenues rose to 6,776 million yen, with net income before taxes at 2,621 million yen and net income attributable to company owners at 1,887 million yen. These results indicate growth across the board, including a successful expansion into group credit life insurance and increased earnings from both individual life insurance and foreign securities investments.
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