LIFENET INSURANCE COMPANY [7157.T]
TOKYO, Apr 09 (Pulse News Wire) – Lifenet Insurance Company (7157.T) reported its February 2026 premium performance, showing a 10.7% increase compared to the same month last year. As of March 2026, the total annualized premiums stood at ¥40.118 billion, up from ¥34.518 billion in March 2025.
Breaking down the figures, individual insurance policies contributed ¥31.39 billion, marking a 17.5% rise from the previous year. Group credit life insurance saw a more modest growth of 1.9%, totaling ¥8.572 billion. Additionally, the company updated group credit life insurance rates effective April 2026, reflecting regular reviews conducted throughout the year.
In the individual insurance category, the number of contracts increased to 1,012,000 in March 2026 from 995,000 in March 2025. New individual policy annualized premiums reached ¥324 million, while new contract counts rose to 2,200 from 1,800. Payments of benefits and claims amounted to ¥773 million, a significant jump from ¥557 million in the prior year.
The lapse rate remained stable at 0.3%.
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