TOKYO, Mar 10 (Pulse News Wire) – Lifenet Insurance Company (7157.T) reported its February 2026 performance. As of end-February 2026, the total annualized premium equivalent of held policies was ¥36.90 billion, marking a 109% percent increase compared to the same month last year.
In detail, individual insurance had an annualized premium equivalent of ¥28.53 billion, up 107% percent year-over-year, while group credit life insurance stood at ¥8.369 billion, rising 116% percent year-over-year. Breaking down further, the number of individual insurance contracts reached 681,063 as of February 2026, with new contract premiums totaling ¥308 million, representing a growth of ¥43 million from the previous year.
Additionally, claims payments amounted to ¥525 million, up from ¥366 million in February 2025. The policy lapse rate for individual insurance remained steady at 5.3% percent, indicating stable customer retention.
This report provides preliminary figures which may differ slightly from final confirmed numbers.
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