Tokyo, June 04, 2014 -- Moody's Japan K.K. has affirmed the A1 insurance financial strength rating (IFSR) and the A3(hyb) subordinated bond ratings of Dai-ichi Life Insurance Company, Limited after taking into account its announced 100% acquisition of Protective Life Corporation (senior unsecured rating, Baa2 stable). The rating outlook on Dai-ichi Life remains stable.
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