OREANDA-NEWS. TAL group (TAL Dai-ichi Life Australia Pty Limited (TDA) and its subsidiaries), the wholly owned subsidiary of The Dai-ichi Life Insurance Company, Limited, achieved AUD 1,878 million (approx. 175.1 billion yen) in annualized premiums in force at the end of December 2013, making it the industry leader in the life insurance market (for protection products) in Australia.

Since the Company first invested in 2008, TAL has adopted a multi-distribution channel model to reflect changing consumer behaviors so that it can provide financial protection to customers in ways of their choosing, via advisers, superannuation and directly. As a result, TAL has extended its strong performance, steadily being able to grow its industry ranking, having been at 4th position at the time of the first investment. In recent years in particular, TAL's high evaluation by independent financial advisors has contributed to the strong sales performance.

Along with expecting further profit contribution from TAL, the Company plans to further enhance efforts in the overseas business going forward.