Meiji Life president cautious on insurer yield cut

Meiji Life president cautious on insurer yield cut

TOKYO, Japan - Ryotaro Kaneko, president of Meiji Life Insurance Co., speaks in an interview with Kyodo News. Kaneko, also chairman of the Life Insurance Association of Japan, said the nation's life insurance industry is now on a recovery path and each insurer should carefully deal with the issue of a cut in yields guaranteed to policyholders.

Yasuda Fire, Nissan Fire, Taisei Fire eye integration

Yasuda Fire, Nissan Fire, Taisei Fire eye integration

TOKYO, Japan - Yasuda Fire & Marine Insurance Co. (file photo of headquarters), Japan's second-largest nonlife insurer, has entered final talks with Nissan Fire & Marine Insurance Co. and Taisei Fire & Marine Insurance Co. to integrate management, possibly by April 2002, industry sources said Nov. 2. Each firm has close business ties with the Mizuho Financial Group.

Meiji Life president cautious on insurer yield cut

Meiji Life president cautious on insurer yield cut

TOKYO, Japan - Ryotaro Kaneko, president of Meiji Life Insurance Co., speaks in an interview with Kyodo News. Kaneko, also chairman of the Life Insurance Association of Japan, said the nation's life insurance industry is now on a recovery path and each insurer should carefully deal with the issue of a cut in yields guaranteed to policyholders.

Yasuda Fire, Nissan Fire, Taisei Fire eye integration

Yasuda Fire, Nissan Fire, Taisei Fire eye integration

TOKYO, Japan - Yasuda Fire & Marine Insurance Co. (file photo of headquarters), Japan's second-largest nonlife insurer, has entered final talks with Nissan Fire & Marine Insurance Co. and Taisei Fire & Marine Insurance Co. to integrate management, possibly by April 2002, industry sources said Nov. 2. Each firm has close business ties with the Mizuho Financial Group.