Daiichi Life Group (8750) · RiskRestated
Intensifying Competition in Life Insurance Sales amid Deregulation and New Market Entrants
First written in FY2021-Q3. 1 of 2 entries say "Restated". Latest entry: FY2024-Q3.
2entries
4years
0from disclosures
How it moved
Same theme, other companies
Intensifying competition in the life insurance market and the risk of industry consolidationA theme 5 companies write about · 5 as a headwind · 0 as a tailwind
1 other company's latest entry also says "Restated".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
- FY2024-Q3RestatedAnnual report
「The Group's domestic life insurers face intense competition in Japan's life insurance market from domestic life insurers, foreign-owned life insurers, and major domestic financial institutions that own insurance subsidiaries or have business alliances with major insurers.」
Intensifying competition with domestic and overseas insurers, financial institutions, cooperatives, new entrants and others has been reaffirmed as an ongoing risk to the domestic life insurance business. - FY2021-Q3First statedAnnual report
「We believe that the competitive environment, which has intensified as a result of deregulation, will become even more severe. In addition, the entry of new insurers that use walk-in insurance shops and the internet as major sales channels may intensify price competition.」
The Company newly identified deregulation, insurance sales by banks and securities companies, new entrants using walk-in insurance shops and the internet, and competition with local insurers in overseas markets as risks of intensifying competition.