Nissay positioned for stability with strong capital and operating profits – AM Best

AM Best also expects Nissay’s 2023 performance to recover.

Nippon Life Insurance (Nissay) is expected to have a steady in-force business performance in the long term to boost core operating profit, AM Best said.

Nissay's risk-adjusted capitalisation is assessed at the strongest level, supported by a large amount of absolute capital and low financial leverage. The company's sophisticated capital model allows for the timely evaluation of risk-taking activities.

Despite exposure to moderate equity risk, Nissay's available capital and access to debt markets are considered sufficient to withstand such risk.

ALSO READ: Nippon Life acquired a nursing care group: Report

Nissay has demonstrated strong and stable operating performance, achieving robust premium revenue and core operating profits.

Whilst the COVID-19 pandemic and volatile capital markets negatively impacted the fiscal year 2022, a recovery is expected in the fiscal year 2023.

Follow the link for more news on

Nippon Life Insurance Company

Also Read

Philippine life insurance sector slated for 5.4% CAGR by 2028

Property insurance industry to exceed $152b by 2028

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit