Decline in New Business and In-Force Business Volumes for Domestic Individual Insurance and Individual Annuities
First written in FY2020-Q3. 9 of 24 entries say "Worsened", first in FY2021-Q1. Latest entry: 2026-08-07.
Daiichi Life Group moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
2 other companies' latest entry also says "Other".
- FY2026New business increased, while in-force business continued to declineAnnual report
「The combined amount of new individual insurance and individual annuity business increased by ¥67.5 billion from the previous fiscal year to ¥3,381.3 billion, up 2.0%. The combined amount of individual insurance and individual annuity business in force decreased by ¥1,713.1 billion from the end of the previous fiscal year to ¥76,377.4 billion, down 2.2%.」
At Dai-ichi Life, new business recovered, increasing 2.0%, while in-force business decreased 2.2%, and improvement in new sales and contraction of the in-force base continued. - FY2026-H1WorsenedAnnual report
「The combined amount of new individual insurance and individual annuity business decreased by ¥400.1 billion from the same period of the previous year to ¥1,592.6 billion, down 20.1% year on year. The combined amount of individual insurance and individual annuity business in force decreased by ¥933.3 billion from the end of the previous fiscal year to ¥77,157.2 billion, down 1.2%.」
At Dai-ichi Life, new business, which had recovered in the previous fiscal year, turned to a 20.1% year-on-year decline, while in-force business also decreased 1.2% from the end of the previous fiscal year. Contraction was seen in both new and in-force business. - FY2025New business increased, while in-force business continued to declineAnnual report
「The combined amount of new individual insurance and individual annuity business increased by ¥1,105.4 billion from the previous fiscal year to ¥3,313.7 billion, up 50.1%. The combined amount of individual insurance and individual annuity business in force decreased by ¥1,949.2 billion from the end of the previous fiscal year to ¥78,090.5 billion, down 2.4%.」
At Dai-ichi Life, new business recovered, increasing 50.1% from the previous fiscal year, while in-force business decreased 2.4%, with recovery in new sales and contraction of the in-force base coexisting. - FY2025-H1New business increased, while in-force business continued to declineAnnual report
「The combined amount of new individual insurance and individual annuity business increased by ¥1,005.8 billion from the same period of the previous year to ¥1,992.7 billion, up 101.9% year on year. The combined amount of individual insurance and individual annuity business in force decreased by ¥628.6 billion from the end of the previous fiscal year to ¥79,411.1 billion, down 0.8%.」
At Dai-ichi Life, new business increased substantially by 101.9% year on year, while in-force business decreased 0.8% from the end of the previous fiscal year, with recovery in new sales and contraction of the in-force base continuing to coexist. - FY2024Recovery in new business coexists with contraction of in-force businessAnnual report
「The combined amount of new individual insurance and individual annuity business increased by ¥991.0 billion from the previous fiscal year to ¥2,208.3 billion, up 81.4%. The combined amount of individual insurance and individual annuity business in force decreased by ¥3,688.0 billion from the end of the previous fiscal year to ¥80,039.7 billion, down 4.4%.」
At Dai-ichi Life, new business turned upward and increased, while in-force business decreased, with recovery in new sales and contraction of the in-force base coexisting. - FY2024-Q3New business increases, while in-force business continues to declineAnnual report
「The combined amount of new individual insurance and individual annuity business increased by ¥643.9 billion from the same period of the previous year to ¥1,440.7 billion, up 80.8% year on year. The combined amount of individual insurance and individual annuity business in force decreased by ¥2,958.3 billion from the end of the previous fiscal year to ¥80,769.4 billion, down 3.5%.」
At Dai-ichi Life, new business continued to turn upward and increase, while in-force business decreased 3.5% from the end of the previous fiscal year, with recovery in new sales and contraction of the in-force base coexisting. - FY2024-Q2New business turns upward, while in-force business continues to declineAnnual report
「The combined amount of new individual insurance and individual annuity business increased by ¥609.0 billion from the same period of the previous year to ¥986.8 billion, up 161.2% year on year. The combined amount of individual insurance and individual annuity business in force decreased by ¥1,897.3 billion from the end of the previous fiscal year to ¥81,830.4 billion, down 2.3%.」
At Dai-ichi Life, new business continued to turn upward and increase, while in-force business decreased 2.3% from the end of the previous fiscal year, with recovery in new sales and contraction of the in-force base coexisting. - FY2024-Q1New business turns upward, while in-force business continues to declineAnnual report
「The combined amount of new individual insurance and individual annuity business increased by ¥511.0 billion from the same period of the previous year to ¥508.8 billion, compared with negative ¥2.2 billion in the same period of the previous year. The combined amount of individual insurance and individual annuity business in force decreased by ¥917.6 billion from the end of the previous fiscal year to ¥82,810.1 billion, down 1.1%.」
At Dai-ichi Life, new business turned upward from negative in the same period of the previous year to ¥508.8 billion, while in-force business decreased 1.1% from the end of the previous fiscal year, with recovery in new sales and contraction of the in-force base coexisting. - FY2023-Q3New business turns upward, while in-force business continues to declineAnnual report
「The combined amount of new individual insurance and individual annuity business increased by ¥797.7 billion from the same period of the previous year to ¥796.7 billion, compared with negative ¥900 million in the same period of the previous year. The combined amount of individual insurance and individual annuity business in force decreased by ¥3,556.5 billion from the end of the previous fiscal year to ¥84,919.4 billion, down 4.0%.」
At Dai-ichi Life, new business turned upward from negative in the same period of the previous year to ¥796.7 billion, while in-force business decreased 4.0% from the end of the previous fiscal year, with recovery and contraction of the in-force base coexisting. - FY2023-Q2New business turns upward, while in-force business continues to declineAnnual report
「The combined amount of new individual insurance and individual annuity business increased by ¥378.3 billion from the same period of the previous year to ¥377.8 billion, compared with negative ¥500 million in the same period of the previous year. The combined amount of individual insurance and individual annuity business in force decreased by ¥2,472.1 billion from the end of the previous fiscal year to ¥86,003.7 billion, down 2.8%.」
At Dai-ichi Life, new business turned upward from negative in the same period of the previous year, while in-force business decreased 2.8% from the end of the previous fiscal year and annualized premiums also declined, with recovery and contraction coexisting. - FY2023-Q1WorsenedAnnual report
「The combined amount of new individual insurance and individual annuity business decreased by ¥500 million from the same period of the previous year to negative ¥2.2 billion, compared with negative ¥1.6 billion in the same period of the previous year. The combined amount of individual insurance and individual annuity business in force decreased by ¥1,442.1 billion from the end of the previous fiscal year to ¥87,033.7 billion, down 1.6%.」
At Dai-ichi Life Insurance, the amount of new business deteriorated from negative ¥1.6 billion in the same period of the previous year to negative ¥2.2 billion, while the amount in force decreased 1.6% from the end of the previous fiscal year. - FY2022WorsenedAnnual report
「The combined amount of new individual insurance and individual annuity business decreased by ¥355.0 billion from the previous fiscal year to ¥23.2 billion, down 93.9%. The combined amount of individual insurance and individual annuity business in force decreased by ¥6,201.0 billion from the end of the previous fiscal year to ¥88,475.9 billion, down 6.5%.」
At Dai-ichi Life, the amount of new individual insurance and individual annuity business decreased 93.9%, while the amount in force decreased 6.5%, with the decline continuing for the full fiscal year. - FY2022-Q3WorsenedAnnual report
「The combined amount of new individual insurance and individual annuity business decreased by ¥372.9 billion from the same period of the previous year to negative ¥900 million, compared with ¥371.9 billion in the same period of the previous year. The combined amount of individual insurance and individual annuity business in force decreased by ¥4,644.0 billion from the end of the previous fiscal year to ¥90,032.9 billion, down 4.9%.」
At Dai-ichi Life Insurance, the amount of new business declined from ¥371.9 billion in the same period of the previous year to negative ¥900 million, while the amount in force also decreased 4.9% from the end of the previous fiscal year. The decline in both new and in-force business continued. - FY2022-Q2WorsenedAnnual report
「The combined amount of new individual insurance and individual annuity business decreased by ¥181.0 billion from the same period of the previous year to negative ¥500 million, compared with ¥180.4 billion in the same period of the previous year. The combined amount of individual insurance and individual annuity business in force decreased by ¥3,094.9 billion from the end of the previous fiscal year to ¥91,581.9 billion, down 3.3%.」
At Dai-ichi Life Insurance, the amount of new individual insurance and individual annuity business fell from ¥180.4 billion in the same period of the previous year to negative ¥500 million, while the amount in force decreased 3.3% from the end of the previous fiscal year, with the decline continuing. - FY2022-Q1WorsenedAnnual report
「The combined amount of new individual insurance and individual annuity business decreased by ¥64.6 billion from the same period of the previous year to negative ¥1.6 billion, compared with ¥62.9 billion in the same period of the previous year. The combined amount of individual insurance and individual annuity business in force decreased by ¥1,548.8 billion from the end of the previous fiscal year to ¥93,128.0 billion, down 1.6%.」
At Dai-ichi Life Insurance, the amount of new individual insurance and individual annuity business fell from ¥62.9 billion in the same period of the previous year to negative ¥1.6 billion, while the amount in force decreased 1.6% from the end of the previous fiscal year. The decline in both new and in-force business continued. - FY2021-Q3WorsenedAnnual report
「The combined amount of new individual insurance and individual annuity business decreased by ¥637.8 billion from the same period of the previous year to ¥371.9 billion, down 63.2% year on year. The combined amount of individual insurance and individual annuity business in force decreased by ¥4,405.2 billion from the end of the previous fiscal year to ¥96,404.6 billion, down 4.4%.」
At Dai-ichi Life Insurance, the amount of new individual insurance and individual annuity business decreased 63.2% year on year, while the amount in force also decreased 4.4% from the end of the previous fiscal year, with the decline continuing. - FY2021-Q2WorsenedAnnual report
「The combined amount of new individual insurance and individual annuity business decreased by ¥622.0 billion from the same period of the previous year to ¥180.4 billion, down 77.5% year on year. The combined amount of individual insurance and individual annuity business in force decreased by ¥2,910.2 billion from the end of the previous fiscal year to ¥97,899.6 billion, down 2.9%.」
At Dai-ichi Life Insurance, the amount of new individual insurance and individual annuity business decreased 77.5% year on year, while the amount in force also decreased 2.9% from the end of the previous fiscal year, with declines in both new and in-force business continuing. - FY2021-Q1WorsenedAnnual report
「The combined amount of new individual insurance and individual annuity business decreased by ¥310.9 billion from the same period of the previous year to ¥62.9 billion, down 83.2% year on year. The combined amount of individual insurance and individual annuity business in force decreased by ¥1,398.9 billion from the end of the previous fiscal year to ¥99,410.9 billion, down 1.4%.」
At Dai-ichi Life Insurance, the decline in the amount of new individual insurance and individual annuity business widened to 83.2% year on year, while the amount in force decreased 1.4% from the end of the previous fiscal year. - FY2020Continued decline in new and in-force amounts for individual insurance and individual annuitiesAnnual report
「The combined amount of new individual insurance and individual annuity business decreased by ¥310.6 billion from the previous fiscal year to ¥1,282.3 billion, down 19.5% year on year. The combined amount of individual insurance and individual annuity business in force decreased by ¥6,315.1 billion from the end of the previous fiscal year to ¥100,809.9 billion, down 5.9%.」
At Dai-ichi Life Insurance, both the amount of new individual insurance and individual annuity business and the amount in force decreased for the full fiscal year. - FY2020-Q3First statedAnnual report
「The combined amount of new individual insurance and individual annuity business decreased by ¥244.2 billion from the same period of the previous year to ¥1,009.7 billion, down 19.5% year on year. The combined amount of individual insurance and individual annuity business in force decreased by ¥4,687.9 billion from the end of the previous fiscal year to ¥102,437.1 billion, down 4.4%.」
Dai-ichi Life Insurance Company, Limited disclosed as a new business development that both the amount of new individual insurance and individual annuity business and the amount in force decreased.