Nippon Life Insurance
Nippon Life, Nissay
Native name
日本生命保険相互会社
Nihon Seimei Hoken sōgo gaisha
Company typePrivate
IndustryFinancial services
FoundedJuly 4, 1889; 134 years ago (1889-07-04)
Headquarters5-12 Imabashi Sanchōme,
Chūō-ku, Osaka
,
Japan
Key people
Yoshinobu Tsutsui [jp]
(Chairman)[1]
Hiroshi Shimizu
(CEO)
ProductsGeneral insurance, Life insurance, Health insurance
RevenueDecrease US$74.048 billion (FY2020)[2]
Decrease US$1.767 billion (FY2020)[2]
AUMIncrease US$270 billion (¥24.42 trillion) (2022)[3]
Total assetsIncrease US$741.01 billion (FY2020)[2]
Total equityIncrease US$18.094 billion (FY2020)[2]
Number of employees
92,122 (2020)[2]
Websitewww.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

  1. ^ "Our Leadership Our Directors and Executive Officers as of July 4, 2023". Retrieved 2024-01-09.
  2. ^ a b c d e "Nippon Life Insurance | 2020 Global 500".
  3. ^ "Over $270 billion AUM". www.nam.co.jp. March 2022.
  4. ^ "2006 Annual Report, Chapter 4" (PDF). Nippon Life Insurance Company. Retrieved 2007-01-08.
  5. ^ 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.
  6. ^ "2016 Nissay Annual Report" (PDF).

External links


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