Business Services Industry
Millea Holdings Insurers' Combined Net Profit Rises 6.7 Percent in FY 2003.
Knight Ridder/Tribune Business News, May, 2004
Kyodo News International, Tokyo Knight Ridder/Tribune Business News
May 21--TOKYO -- Millea Holdings Inc. said Friday the combined net profit of its two core nonlife insurance units rose 6.7 percent to 116.46 billion yen in the year to March 31.
Millea Holdings, created in 2002 as a holding company for Tokio Marine & Fire Insurance Co. and Nichido Fire & Marine Insurance Co., said the combined pretax profit of the two units soared 11.1 percent to 200.25 billion yen.
Net premium revenue fell 0.3 percent to 1,749.1 billion yen, if the boost from the abolition of government reinsurance in compulsory automobile liability insurance is not factored into the computation.
The two insurance units are planning to conduct a merger on Oct....
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Most Recent Business Articles
- Research and Markets: Top Chinese Information Technology Outsourcing Vendors, Black Book Survey 2009 Results
- Sanofi-aventis Video Q&A : CEO Chris Viehbacher Comments on 2009 Full-Year Earnings
- CSR creates the industry’s first audio processor with Bluetooth connectivity for handsets
- CSR connectivity platform powers the latest Sharp handset
- Samson Oil & Gas Advises on the Gene #1-22H Well Progress
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FHM Features Anna Benson, Baseball's Hottest Wife
- Building a DNA database: the federal government has just enacted two bills related to DNA. The first would drive the collection of DNA from all infants. The second would attempt to prevent the DNA that is collected from being misused
- America's most wanted j-o-b-s - 10 hottest employment opportunities
- Developmental sequence in small groups
