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JAPAN'S YASUDA FIRE POSTS US$188.56 MLN H1 NET LOSS.
TOKYO, Nov 1 Asia Pulse - Yasuda Fire & Marine Insurance Co (TSE:8755) reported Wednesday that it sustained a parent-company net loss of 23 billion yen ($US188.56 million) for the fiscal first half ended September 30.
Yasuda Fire had initially projected a net profit of 10.5 billion yen, but it booked an unexpected securities valuation loss of 65.6 billion yen due to a downturn in the stock markets and the fact that it applied asset impairment accounting standards quite strictly.
For the full fiscal year, Yasuda Fire now forecasts that it will swing to a net loss of 25 billion yen, down from its initial forecast of a 16.5 billion yen profit. The projected loss would mark the first full-year net loss for any listed nonlife insurance company, except for a period of instability immediately following World War II.
Even so, Yasuda Fire plans to pay a per share dividend of ...
- S&P Affirms Ratings on Dai-Ichi Life, Yasuda Fire.
- Press release article from: PR Newswire August 28, 2000 700+ words
...its double-'A'-plus ratings on Yasuda Fire & Marine Insurance Co. Ltd...outlook on the counterparty rating on Yasuda Fire is negative. The tie-up will allow Dai-Ichi Life and Yasuda Fire to cross-sell products, develop...
- S&P Affirms Rtgs on Dai-Ichi Life, Yasuda Fire.
- Press release article from: Business Wire August 28, 2000 700+ words
...its double-'A'-plus ratings on Yasuda Fire & Marine Insurance Co. Ltd...outlook on the counterparty rating on Yasuda Fire is negative. The tie-up will allow Dai-Ichi Life and Yasuda Fire to cross-sell products, develop...
- Yasuda Fire & Marine Accelerates Internet Development with MERANT; With MERANT...
- Press release article from: PR Newswire December 6, 1999 700+ words
...London: MRN), today announced that Yasuda Fire and Marine Insurance Co., Ltd...expanding Internet user population, Yasuda Fire and Marine extended its online service...policy. In developing the system, Yasuda Fire and Marine leveraged vast amounts of...
- S&P Assigns 'AA+' Ratings to 3 Yasuda Fire Subsidiaries.
- Press release article from: PR Newswire March 1, 2001 700+ words
...financial strength ratings to three wholly owned subsidiaries of Yasuda Fire & Marine Insurance Co. Ltd.: Yasuda Fire & Marine Insurance Co. of America, Yasuda Fire & Marine Insurance Co. (Asia) Pte. Ltd., and Yasuda...
- S&P Assigns `AA+' Ratings to 3 Yasuda Fire Subsids.
- Press release article from: Business Wire February 28, 2001 700+ words
...financial strength ratings to three wholly owned subsidiaries of Yasuda Fire & Marine Insurance Co. Ltd.: Yasuda Fire & Marine Insurance Co. of America, Yasuda Fire & Marine Insurance Co. (Asia) Pte. Ltd., and Yasuda...
- S&P Rates Yasuda Fire & Marine Insurance (Asia) `AA+'.
- Press release article from: Business Wire February 28, 2001 700+ words
...plus insurer financial strength rating to Yasuda Fire & Marine Insurance Co. (Asia...Asia's strategic importance to parent Yasuda Fire & Marine Insurance Co. Ltd. (Yasuda Fire, double-'A'-plus/Negative...
- S&P Rates Yasuda Fire & Marine Insurance (Asia) 'AA+'.
- Press release article from: PR Newswire March 1, 2001 700+ words
...plus insurer financial strength rating to Yasuda Fire & Marine Insurance Co. (Asia...Asia's strategic importance to parent Yasuda Fire & Marine Insurance Co. Ltd. (Yasuda Fire, double-'A'-plus/Negative...
- AT&T, YASUDA FIRE AND MARINE INSURANCE CO. CAPTURE TOP HONORS IN EDELMAN AWARD...
- Press release article from: PR Newswire May 19, 1993 700+ words
...for AT&T (NYSE: T) and the Yasuda Fire and Marine Insurance Co., Ltd...in the $15,000 competition, while Yasuda Fire and Marine Insurance was awarded a...effort in management science, while Yasuda Fire and Marine Insurance Co., by implementing...
Source: HighBeam Research, JAPAN'S YASUDA FIRE POSTS US$188.56 MLN H1 NET LOSS.