Considering changes in the business environment over the next 10 years, we believe that new business opportunities will arise for the T&D Life Group based on its strengths in specialized markets.
| New business opportunities in the focusing markets of the three core life insurance companies | |
|---|---|
Taiyo Life Insurance Company Households |
Increase in the senior population and in single-person senior households, increase in needs for self-provision of pension, medical care, and nursing care, and so forth ⇨ Further expansion of cultivating areas in the household market |
Daido Life Insurance Company Small and medium enterprises (SMEs) |
Expansion of market share through promotion of “total protection proposals” for the corporate policy market, and increase in comprehensive coverage needs among the SME owner and individual business owner segment, which overlaps with the senior segment, and so forth ⇨ Further expansion of cultivating areas in the SME market |
T&D Financial Life Insurance Company Independent insurance agent market |
In addition to diversification of channels due to changes in needs and lifestyles, increase in needs for wealth accumulation and inheritance measures in line with the increase in the senior population, and so forth ⇨ Further expansion of cultivating areas in the independent insurance agent market |
