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Summary: Meiji Yasuda Life Insurance Co. Jan 12
Standard & Poors, January 2012
The ratings on Meiji Yasuda Life Insurance Co. (Meiji Yasuda Life; A/Stable/A-1) reflect the company's strong competitive position as one of Japan's largest life insurers, good-quality investments, good asset-liability management, and adequate capitalization. Weaknesses include the company's large exposure to stocks and concentration risk toward Japanese banks. Standard & Poor's Ratings Services holds the view that Meiji Yasuda Life has a strong competitive position with a leading position in Japan's group life insurance market and good business growth in the individual life insurance and annuities market. At the end of March 2011, the company had a market share of 28.5% in the group life insurance segment in terms of business-in force. Its leading position in the group life market is...
Companies mentioned in this report are: Meiji Yasuda Life Insurance Co.
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Meiji Yasuda Life Insurance Co.