Insurer announces transfer of DLS subsidiary to its holding parent

Dai-ichi Life decided to transfer all shares of its wholly owned information-systems subsidiary DLS to Dai-ichi Life Holdings, with 1 March 2024 as planned effective date. The subsidiary's current profile identifies Daiichi Life Group, rather than the insurer, as shareholder. The announced effective date was 1 March 2024; a precise actual transfer day was not separately confirmed. Subsidiary share capital and revenue are not transfer consideration.