Investor Presentaiton
EEV Sensitivity: Dai-ichi Life (Parent) (as of Mar-2016)
Dai-ichi Life
Holdings
(billions of yen)
Sensitivities (upper: change in value, lower: percentage)
Value of
Assumptions
Adjusted net worth
Value of in-force
business
New Business
510.0
(1,246.1)
50bp upward parallel shift in risk-free yield curve
50bp downward parallel shift in risk-free yield curve
11%
(28%)
1,756.1
40%
56.4
42%
(360.7)
712.8
(1,073.5)
(39.6)
(8%)
16%
(24%)
(29%)
(398.0)
(400.9)
2.9
0.2
10% decline in equity and real estate values
(9%)
(9%)
0%
0%
216.1
216.1
14.8
10% decline in maintenance expenses
5%
5%
11%
156.5
156.5
20.1
10% decline in surrender and lapse rate
4%
I
4%
15%
5% decline in mortality and morbidity rate for life insurance
products
157.9
157.9
5.0
4%
4%
4%
(23.1)
(23.1)
(0.2)
5% decline in mortality and morbidity rate for annuities
(1%)
12.4
(1%)
(0%)
12.4
0.7
Setting required capital at the statutory minimum level
0%
25% increase in implied volatilities of equity and real estate
values
(14.4)
I
I
0%
1%
(14.4)
(0.3)
(0%)
(0%)
(0%)
(20.6)
(20.6)
(0.8)
25% increase in implied volatilities of swaptions
(0%)
(0%)
(1%)
Dai-ichi Life non-consolidated EEV
4,441.4
134.6
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