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Nippon Life

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Nippon Life Insurance Company
日本生命保険相互会社
Company typeMutual insurance
IndustryFinancial services
FoundedJuly 4, 1889
Headquarters5-12 Imabashi Sanchōme, Chūō-ku, Osaka, Japan
Key people
Yoshinobu Tsutsui (CEO)
ProductsFinancial institution, Insurance: Life & Health
RevenueIncrease¥6,262 billion (FY 2016)
Decrease¥537 billion (FY 2016)
Number of employees
70,519 (FY 2016)
WebsiteNippon Life Insurance Company (en)

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. ^ a b "2016 Nissay Annual Report" (PDF).