Nippon Life

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Nippon Life Insurance Company
Nippon Life, Nissay
Native name
日本生命保険相互会社
Romanized name
Nihon Seimei Hoken sōgo gaisha
Type Private
Industry Financial services
FoundedJuly 4, 1889;132 years ago (1889-07-04)
Headquarters5-12 Imabashi Sanchōme, ,
Key people
Yoshinobu Tsutsui
(Chairman)
Takeshi Furuichi
(Vice Chairman)
Hiroshi Shimizu
(CEO)
Products General insurance, Life insurance, Health insurance
RevenueDecrease2.svg US$74.048 billion (FY2020) [1]
Decrease2.svg US$1.767 billion (FY2020) [1]
Total assets Increase2.svg US$741.01 billion (FY2020) [1]
Total equity Increase2.svg US$18.094 billion (FY2020) [1]
Number of employees
92,122 (2020) [1]
Website www.nissay.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. [2] [3]

Contents

Overview

Nippon life employs 70,519 employees and has 70,608 billion yen in assets as of 2016. [4] The company is headquartered in Imabashi Sanchōme, Chūō-ku, Osaka, Japan

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References

  1. 1 2 3 4 5 "Nippon Life Insurance | 2020 Global 500".
  2. "2006 Annual Report, Chapter 4" (PDF). Nippon Life Insurance Company. Retrieved 2007-01-08.
  3. 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.
  4. "2016 Nissay Annual Report" (PDF).