The need to strengthen capital and improve the solvency margin ratio to support sustainable growth at ipet Insurance
First written in FY2023-Q3. 1 of 2 entries say "Mitigated", first in FY2023. Latest entry: FY2023.
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- FY2023MitigatedAnnual report
「Meanwhile, アイペットホールディングス informed us that its major subsidiary, アイペット損保, continued to increase its number of policies in force, and that capital strengthening was necessary both to achieve sustainable growth and to improve its solvency margin ratio. Under these circumstances, we determined that selling the shares in アイペットホールディングス was the best method and timing for maximizing our shareholder value while simultaneously enabling the sustainable growth of アイペットホールディングス.」
In response to the need for capital strengthening and improvement of the solvency margin ratio at アイペット損保, the Company implemented its decision to create an environment for the company's next phase of growth through a sale to Dai-ichi Life Holdings, Inc. - FY2023-Q3First statedAnnual report
「アイペット損保 continued to increase its number of policies in force, and アイペットホールディングス informed us that capital strengthening was necessary both to achieve sustainable growth and to improve the solvency margin ratio.」
It was newly explained that capital strengthening was necessary for アイペット損保 to achieve sustainable growth and improve its solvency margin ratio against a backdrop of increasing policies in force.