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7181 - Japan Post Insurance Co News Story

¥1780 22.0  1.3%

Last Trade - 23/10/20

Sector
Financials
Size
Large Cap
Market Cap £7.30bn
Enterprise Value £-663.5m
Revenue £50.74bn
Position in Universe 123rd / 3871

Japan Post group says to resume insurance sales on Oct 5

Fri 11th September, 2020 5:46am
TOKYO, Sept 11 (Reuters) - The Japan Post group said on
Friday it would resume sales of insurance products on Oct. 5
after a suspension of more than a year due to revelations of
improper sales practices.
    Japan Post Insurance Co Ltd  7181.T , 64%-owned by Japan
Post Holdings  6178.T , first revealed it had mismanaged
insurance policies affecting thousands of clients in July last
year.
    The heads of Japan Post Holdings and its units will hold a
news conference at 2 p.m. (0500 GMT).

 (Reporting by Takashi Umekawa
Editing by Chang-Ran Kim)
 ((Takashi.Umekawa@thomsonreuters.com;))
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