Company Profile For Nissay Dowa General Insurance Company,Limited

Nissay Dowa General Insurance Company,Limited (8759.T) (Tokyo Stock Exchange)

sector: Financials · industry: Insurance - Multiline ·

As of 7:29am IST

413JPY

Price Change

Percent Change

+2.23%

Analyst Recommendations

Overview

Nissay Dowa General Insurance Company, Limited is a Japan-based company engaged in the insurance and insurance-related businesses. The Company has two business segments. The Insurance and Insurance-Related Business segment is engaged in the non-life insurance, the damage and cause investigation of accidents for car, fire and other insurance services, the non-life and life insurance agency business, as well as the consultation business for company risk management. The General Affairs and Business Agency segment is involved in the recruitment services, the management of office buildings, as well as the provision of clerical services and computer services.

Quick Financial Synopsis

BRIEF: For the three months ended 30 June 2009, Nissay Dowa General Insurance Co., Ltd.'s revenues decreased 3% to Y91.68B. The Company's net income increased 8% to Y2.85B. Revenues reflect lower premium income due to the price decline for automobile liability insurance. Net income is offset by the absence of Y2.12B expense on reserve for underwriting and Y678M reserve for outstanding claim as well as decreased expense on maturity refunds.