Lifenet Insurance Company (JP:7157) has released an update.
Lifenet Insurance Company reported a significant increase in their annualized premium of policies-in-force for August 2024, reaching 32,246 million yen, which represents a 119% growth compared to the previous year. This includes a notable 254% rise in group credit life insurance premiums. The company also saw a slight decrease in the surrender and lapse ratio of policies, indicating improved policy retention.
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