Nippon Life

Japanese life insurance company

Nippon Life Insurance
Logo since 1987
Headquarters of Nippon Life Insurance Company in Chuo-ku, Osaka
Trade name	Nippon Life, Nissay
Native name	日本生命保険相互会社
Romanized name	Nihon Seimei Hoken sōgo gaisha
Company type	Private
Industry	Financial services
Founded	July 4, 1889; 134 years ago (1889-07-04)
Headquarters	5-12 Imabashi Sanchōme, Chūō-ku, Osaka , Japan
Key people	Yoshinobu Tsutsui [jp] (Chairman)^[1] Hiroshi Shimizu (CEO)
Products	General insurance, Life insurance, Health insurance
Revenue	US$74.048 billion (FY2020)^[2]
Net income	US$1.767 billion (FY2020)^[2]
AUM	US$270 billion (¥24.42 trillion) (2022)^[3]
Total assets	US$741.01 billion (FY2020)^[2]
Total equity	US$18.094 billion (FY2020)^[2]
Number of employees	92,122 (2020)^[2]
Website	www.nissay.co.jp www.nam.co.jp

Nippon Life Insurance Company (日本生命保険相互会社, Nihon Seimei Hoken Sōgo-gaisha), also known as Nissay (ニッセイ, Nissei) or Nihon Seimei (日本生命) is the largest Japanese life insurance company by revenue. The company was founded in 1889 as the Nippon Life Assurance Co., Inc. In structure it is a mutual company. It first paid policyholder dividends in 1898.^[4]^[5]

Overview

Nippon Life employs 70,519 employees and has 70,608 billion yen in assets as of 2016.^[6] The company is headquartered in Imabashi Sanchōme, Chūō-ku, Osaka, Japan.

References

^ "Our Leadership Our Directors and Executive Officers as of July 4, 2023". Retrieved 2024-01-09.
^ ^a ^b ^c ^d ^e "Nippon Life Insurance | 2020 Global 500".
^ "Over $270 billion AUM". www.nam.co.jp. March 2022.
^ "2006 Annual Report, Chapter 4" (PDF). Nippon Life Insurance Company. Retrieved 2007-01-08.
^ Sanjai, P.R.; Bhaskaran, Deepti (December 2, 2015). "Nippon Life to pay Rs2,265 crore to raise stake in Reliance Life to 49%". Live Mint. Retrieved 26 June 2016.
^ "2016 Nissay Annual Report" (PDF).

External links

Company website (in Japanese)
Company website (in English)

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