bearish

Japan Post Insurance: Embedded Value Unlikely to Benefit from a Rate Increase

834 Views13 Nov 2023 07:01
Amid Japan's "higher for longer" theme, Japan Post Insurance could be one of the few lifers whose EV won't benefit from a rate increase due to its m-t-m adjustments and very weak new business value.
Boomeranged on Tue, 26 Dec 2023 17:05
Japan Post Insurance's share price has come down by c. 10% since its peak when the note was published in mid. Nov. underperforming both the broader Index in Japan (Nikkei +2%) and the other listed life insurance peer, Dai-ichi Life (-4%), over the same period.
SUMMARY
(Sign Up to Access)
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
  • Unlock research summaries
  • Follow top, independent analysts
  • Receive personalised alerts
  • Access Analytics, Events and more

Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.

Upgrade later to our paid plans for full-access.

or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 5-minute read)
Discussions
(Paid Plans Only)
chart-bar
Logo
Alec Tseung
Fintech & EM-focused Analyst
KT Capital Group
Hong Kong & ChinaFinancials & Information TechnologyEquity Bottom-UpThematic (Sector/Industry)
Price Chart(Sign Up to Access)
analytics-chart
x