Disclosure of European Embedded Value as of March 31, 2014
Japan Post Insurance Co., Ltd. (Chiyoda-ku, Tokyo; Masami Ishii, Director and President, CEO, Representative Executive Officer) hereby announces that the European Embedded Value ("EEV") as of March 31, 2014 calculated based on the European Embedded Value Principles ("EEV Principles") is as summarized below.
The EEV as of March 31, 2014 increased by ¥520.5 billion from the end of the previous fiscal year to ¥3,386.8 billion.
(Billions of yen)
|As of March 31||2013||2014||Increase (decrease)|
|Adjusted net worth||2,242.2||2,295.9||53.6|
|Value of in-force covered business||624.0||1,090.9||466.8|
|Years ended March 31||2013||2014||Increase (decrease)|
|Value of new policies||¥181.6||¥185.1||¥3.5|