bearish
Japan Post Insurance: Embedded Value Unlikely to Benefit from a Rate Increase
830 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.
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