131203MSAD_e
4/26 Key Points in FY2013 1H Financial Results
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Please turn to page 2. This page describes major factors in year-on-year changes in consolidated ordinary profit and loss in the first half of FY2013. As you see on the slide, a substantial improvement in net investment income at domestic non-life insurance companies due to an improvement in the market environment made a significant contribution to the increase in ordinary profit. Underwriting profit and loss at domestic non-life insurance companies, excluding catastrophe reserves, showed a great improvement. Ordinary profit rose also at domestic life insurance subsidiaries and overseas subsidiaries, and that contributed to the expansion of the Group's consolidated ordinary profit.
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