Nippon Life

Nippon Life Insurance Company
日本生命保険相互会社
Mutual insurance
Industry Financial services
Founded July 4, 1889 (1889-07-04)
Headquarters 5-12 Imabashi Sanchōme, Chūō-ku, Osaka, Japan
Key people
 Kunie Okamoto
(Chairman)
Takeshi Furuichi
(Vice Chairman)
Yoshinobu Tsutsui
(President)
Products General insurance, Life insurance, Health insurance
Revenue Increase JPY 6,262 billion (FY 2016)
Decrease JPY 537 billion (FY 2016)
Number of employees
 70,519 (FY 2016)
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.[1][2]

Overview

Nippon life employs 70,519 employees and has $70,608 billion yen in assets as of 2016.[3][3] The company is headquartered in Imabashi Sanchōme, Chūō-ku, Osaka, Japan

References

  1. ↑ "2006 Annual Report, Chapter 4" (pdf). Nippon Life Insurance Company. Retrieved 2007-01-08.
  2. ↑ 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.
  3. 1 2 "2016 Nissay Annual Report" (PDF).


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