October 1, 2007 - It started with the division and privatization of Japan Post. Japan Post Insurance Co., Ltd. (株式会社かんぽ生命保険, Kabushiki-gaisha Kampo Seimei Hoken? Tokyo. It is part of the Japan Post Holdings group. Its main target is U.S. corporate bonds but as the cost of dollar hedging has risen, it is also allocating funds to bonds in Europe, including the euro and some other currencies, said Ryosuke Fukushima, general manager of investment planning. Kampo is the insurance arm of former state-owned conglomerate Japan Post Holdings. The following is the corporate profile of Japan Post Insurance Co., Ltd. Go to Web Site of Japan Post Insurance Co., Ltd. Corporate Profile. Infobox Company company_name = Japan Post Insurance Co., Ltd. company_ company_type = Subsidiary of Japan Post Holdings Co., Ltd. (currently government owned) foundation = 2006, or establishment of the Postal Life Insurance Services (Kampo) in 1916 Japan Post Insurance Co., Ltd. (株式会社かんぽ生命保険 Kabushiki-gaisha Kampo Seimei Hoken), or かんぽ for short, is a Japanese life insurer that was established on October 1, 2007, with the privatization of Japanese Kampo Life Insurance (Kan'i Hoken, 簡易保険). Japan Post Holdings said 26,036 Kampo policyholders have called to request refunds for overpaid premiums or corrections of their now disadvantageous terms. Japan Post Insurance's president and CEO Tetsuya Senda yesterday apologised to shareholders for improper sales of Kampo insurance products, reported Jiji Press. Japan Post (日本郵政公社, Nippon Yūsei Kōsha) was a government-owned corporation in Japan that existed from 2003 to 2007, offering postal and package delivery services, banking services, and life insurance. The insurer has increased investment in riskier assets since it was partially privatized in 2015. (EDT) - Virtual, Available Anywhere, Get limited access to our industry news, analysis and data, plus regular email updates. A big selling point for Japan Post Insurance is that its products are easily accessible through the country's numerous post offices, even for elderly customers. Recent research has shown that more than 80% of physicians use Kampo in daily practice. The U.S. currency traded at 112.03 yen on Thursday. Company name (in Japanese): Kabushiki Kaisha Kanpo Seimei Hoken: Company name: JAPAN POST INSURANCE Co., Ltd: Head office location: 3-2, Kasumigaseki 1-chome, Chiyoda-ku, Tokyo 100-8798, Japan : Telephone: 03-3504-4411 (Japan Post Group main … Also, subject to regulatory approval, Japan Post Insurance (Kampo) will enter into an agency contract with Aflac Japan to begin distributing Aflac Japan's cancer insurance products at all of Kampo's 79 directly managed sales offices. Register now to read this article and more for free. This paper adopts the convention of labeling the pre-2007 insurance operation as Kampo and operations since 2007 as JPI. History September 1, 2006 - It started as the "preparation company (準備会社)". However, the use of Kampo from the patient perspective has received scant attention. Kampo is the insurance arm of former state-owned conglomerate Japan Post Holdings. The insurer has increased investment in riskier assets since it was partially privatised in 2015. Revenues that Japan Post Holdings will generate from the planned future sales of shares of the Japan Post Group Basic Approach to the Group Medium-term Management Plan (2021 - 2025) Nov 13, 2020 Kampo (Japan Post Insurance) Medium-Term Management Plan <> Outline of Financial Results for the Fiscal Year Ended March 31, 2018 Japan Post Insurance Co. is suspected of repeatedly engaging in inappropriate sales tactics on elderly customers and other policyholders, including encouraging them to … Infobox Company company_name = Japan Post Insurance Co., Ltd. company_ company_type = Subsidiary of Japan Post Holdings Co., Ltd. (currently government owned) foundation = 2006, or establishment of the Postal Life Insurance Services (Kampo) in 1916 Most relevant news about JAPAN POST INSURANCE CO., LTD. 11/10: JAPAN POST INSURANCE CO., LTD.: half-yearly earnings release 11/01: Stories on Japan insurers investment plans available in PDF file In fact in the last half year, it reduced currency-hedged holdings of foreign bonds, officials said. The insurer has increased investment in riskier assets since it was partially privatised in 2015. Click here to register, Not for publication, email or dissemination, 2021 Outlook: The Asia-Pacific markets most likely to see distress, 2021 Outlook: UBS sees European retail and offices still attracting high-risk capital, 2021 Outlook: Cashflow will be king in North American fundraising, 2021 Outlook: Nuveen sees impact investing rising in importance, 2021 Outlook: Evercore sees more funds getting a new lease on life, Top 5 technology trends in a disrupted property world, GRESB benchmark participation rose in 2020 despite covid-19, Urban Land Institute: Cities’ readiness for climate change is key. Tokyo. Japan Post Insurance officials said the firm was cautious about buying foreign bonds without currency hedging, considering the potential rise in the yen a serious risk. As of 2005, the president of the … The Japan Post Holdings Co. group is in the final stage of talks on resuming marketing activities for "Kampo" insurance products of Japan Post Insurance Co. on Oct. 5, informed sources have said. Japan Post Insurance Co. Ltd. operates life insurance business. Template:Infobox Company Template:Nihongo, or かんぽ for short, is a Japanese life insurer that was established on October 1, 2007, with the privatization of Japanese Kampo Life Insurance (Kan'i Hoken). Only logged in subscribers of this site will be able to access the shared article. Since its launch last April, the returns for Kampo's ESG fund have beaten the benchmark Topix index by 2.5 percentage points, MSCI Japan ESG by 0.5 percentage points and FTSE Blossom by 2.7 percentage points, as of March 8, Tachibana said. Japan Post Insurance, also known as Kampo, does not plan to increase foreign bonds without currency hedging, wary of risks that the safe-haven yen could strengthen, officials also said. The insurer has increased investment in riskier assets since it was partially privatised in 2015. Japan Post Insurance checked about 21,000 new contracts concluded in November 2018 in an in-house investigation. It is part of the Japan Post Holdings group. Japan Post Insurance had been providing annuity insurances such as endowment insurances as their main products, but its sales fell sluggish due to the deterioration in operations caused by low interests. The Japan Post Holdings Co. group Monday resumed sales-related activities for Japan Post Insurance Co.'s "Kampo" insurance products after a 15-month suspension due to sales irregularities. Kampo is the insurance arm of former state-owned conglomerate Japan Post Holdings. Japan Post Insurance plans to step up investment in risk assets including stocks, foreign bonds and alternative investments in the year through March 2018, investment planning officials said on Wednesday (26/04). Click here. Kampo (Japan Post Insurance) Medium-Term Management Plan <> Outline of Financial Results for the Fiscal Year Ended March 31, 2018 The Company offers whole life insurance, education endowment, ordinary endowment, medical insurance, and … One third of all Japanese government employees worked for Japan Post. Accessibility Help. * Plans to increase holdings of FX-hedged foreign bonds, * Expects holdings of domestic debt products to fall, * Cautious on selling yen, eyes U.S. recession risk. Japan Post Insurance (Kampo Life) has established an alternative investment division to explore the investment opportunities of private equity, real estate, infrastructure and hedge fund investments in global markets. Japan Post Insurance Co., Ltd. (株式会社かんぽ生命保険, Kabushiki-gaisha Kanpo Seimei Hoken), is a Japanese life insurer that was established on October 1, 2007, with the privatization of Japan Post Life Insurance (簡易保険, Kan'i Hoken).It is part of the Japan Post Holdings group. In the six months to September, Kampo increased currency-hedged foreign bond investment and cut domestic bonds and it plans to continue with the shift to foreign bonds in the current half year, officials said. In October 2017, they actualized their shift in product policy by introducing medical riders into their insurance policies. Japan Post Insurance Co., Ltd. (株式会社かんぽ生命保険, Kabushiki-gaisha Kanpo Seimei Hoken), is a Japanese life insurer that was established on October 1, 2007, with the privatization of Japan Post Life Insurance (簡易保険, Kan'i Hoken). Remove this article and more for free physicians use kampo in daily practice in... 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