[MetLife Life] Report on first quarter results of fiscal year 2024 *Metlife Life*
Press release: August 15, 2024
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Report on first quarter results of fiscal year 2024
MetLife Life Insurance Co., Ltd. (Representative Executive Officer, Chairman, President, Chief Executive Officer)
We would like to inform you of the business results for the first quarter of fiscal year 2024 (April 1, 2024 – June 30, 2024) of Dirk Ostein.
* Performance Overview *
– New policy annualized premiums were 35.8 billion yen (-0.8% compared to the same period last year)
– Insurance premiums were 585.1 billion yen (-13.5% compared to the same period last year)
– Number of policies in force: 9.47 million (down 0.0% from the end of the previous fiscal year)
– Core profit was 65.7 billion yen (-10.0% compared to the same period last year)
– Solvency margin ratio was 662.8% (-62.3 points compared to the end of the previous fiscal year)
* About MetLife*
MetLife Life started operations in 1973 as Japan’s first
foreign-affiliated life insurance company, and is currently the Japanese subsidiary of MetLife, one of the world’s leading life insurance group companies.We are always close to our customers and help them choose the most suitable insurance coverage. I am doing Through diverse sales channels, we can respond to a wide range of risks for individual and corporate customers.
We strive to provide innovative products. https://www.metlife.co.jp
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