Small Business Resources, Business Advice and Forms from AllBusiness.com

Nippon Life Insurance Co.'s Solvency Margin Ratio Drops to 630.6 Percent.

Kyodo News International, Tokyo Knight Ridder/Tribune Business News

May 30--TOKYO--Nippon Life Insurance Co. said Friday its solvency margin ratio, a key gauge of an insurer's ability to pay policyholders, stood at 630.6 percent as of March 31, down from 714.4 percent a year earlier.

Despite the drop, the closely watched gauge is well above the 200 percent threshold below which the government requires insurers to take prompt corrective measures.

In its earnings report for the fiscal year ended March 31, the largest Japanese life insurer said

In addition, make sure to read these premium articles also available with your free trial:

T T T
art_print Printart_email Email 16x16-digg-guy  Digg It delicious-small  del.icio.us

Related Resources

Free AllBusiness Articles

  • Offering Life Insurance to Your Employees
    • For many people, life insurance is an afterthought. Those that do apply for it are often faced with mountains of paperwork and the prospects of failing the physical exam and paying exorbitant premiums. That's why employer-sponsored life insurance can be an especially attractive benefit for prospective employees.
  • Choosing a Life Insurance Representative
    • Selecting a life insurance representative is the first step toward getting the right plan for your employees.You need to decide whether to use a life insurance agent or a broker. While agents only represent the company they work for, brokers work as independent agents and represent multiple carriers. And a ......
  • Looking at the life insurance industry
    • The Gramm-Leach-Bliley Act broadens the community bank's operating environment and strategic options. Now, financial companies can provide a range of financial services, including insurance. Under the new rules, community banks can offer insurance and compete, cooperate and combine with insurance companies. As a primer on the insurance industry, we'll review ......
  • Moody's outlook improves to stable for U.S. life insurance.
    • IN ITS ANNUAL CREDIT ISSUES & TRENDS FOR U.S. Life Insurance report, Moody's Investors Service has changed its outlook on the U.S. life insurance industry to stable from negative. Moody's had maintained a negative outlook on the sector since the third quarter of 2002. According to Moody's, the key credit ......
  • MOODY'S OUTLOOK IMPROVES TO STABLE FOR U.S. LIFE INSURANCE
    • IN ITS ANNUAL CREDIT ISSUES & TRENDS FOR U.S. Life Insurance report, Moody's Investors Service has changed its outlook on the U.S. life insurance industry to stable from negative. Moody's had maintained a negative outlook on the sector since the third quarter of 2002. According to Moody's, the key credit ......
  • Shimano Stock Slips On Lowered Revenue, Profit Projections
    • OSAKA, Japan (BRAIN)--Shimano stock dropped nearly 10 percent by close of trading in Japan on Wednesday, after the company reported its first-quarter and anticipated revenues had slipped because of weaker-than-expected demand in China.
  • Canon, Fuji report increased net profit.
    • Canon Inc., Tokyo, Japan, reported first-quarter 2004 consolidated net sales of [yen] 798.1 billion (US$7,529 million), which represents a year-over-year increase of 9.1 percent over the first quarter of fiscal year 2003. Canon reported first-quarter net income of [yen] 84.3 billion (US$795 million), which represents a year-over-year increase of 17.1 ......

Video

Forms

Blogs

  • Figuring How Much Life Insurance You Need
    • hen it comes to insurances policies, there are plenty out there that you do not need. However, life insurance is one of those insurance policies that you probably do need at some point in your life. The trick is figuring out how much life insurance you need, and when you ......
  • How to Defer Taxes on Sale of a Business
    • There are a few ways you can defer taxes on the sale of a business: Seller notes, Structured Sales through a life insurance company and charitable remainder trusts. Private Annuity Trusts, unfortunately were disallowed by the IRS in October 2006....
  • What Taxes are You Paying?
    • There are many things in life you don't have to pay for. One of the big ones is some taxes.
  • Catering Profit and Loss
    • Before I bid out a party I try to document every possible cost that might be incurred and put it down on paper. Some parties I can make a pretty penny on, but more often than not I am happy with a 15 to 20 percent net profit after all ......
  • All Bloggers

Podcast

Related Topics
Tools

Sponsored Links

Site Map | Contact Us | FAQs | About Us | Media Kit | Reprints | RSS Directory | Sign Up for Free Newsletters | Disclosure Policy

Copyright © 1999 - 2008 AllBusiness.com, Inc. All rights reserved.
No part of this content or the data or information included therein may be reproduced,
republished or redistributed without the prior written consent of AllBusiness.com.
Use of this site is governed by our Copyright and Intellectual Property Policy, Terms of Use Agreement and Privacy Policy.

Get In-Depth Company Information from Hoover's | Buy a D&B Credit Report | What is in Your Company's D&B Credit Report? | Article Archives
Online Business Database | Online Business Information | Sales and Marketing Solutions | Business Mailing Lists
Information and opinions on AllBusiness.com solely represent the thoughts and opinions of the authors and are not endorsed by, or reflect the beliefs of,
AllBusiness.com, its parent company D&B, and its affiliates.