Meiji Yasuda Life Insurance Co - Company Profile
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Meiji Yasuda Life Insurance Co (Meiji Yasuda) is a provider of life insurance products and services for individuals and groups. It offers individual life insurance and annuities, group life insurance, pension plans, and investment products. Meiji Yasuda also offers employee benefit plans and insurance products for automobile, medical and nursing, homeowners, liability and credit risks, and accident. The company provides asset management services, investment advisory services and outsourcing services. It markets and sells insurance products through agents, banks and other financial institutions. Meiji Yasuda operates through representative offices, subsidiaries and affiliates in Asia, Europe and the US. Meiji Yasuda is headquartered in Tokyo, Japan.
Headquarters
Japan
Address
1-1 Marunouchi 2-chome, Chiyoda-ku, Tokyo, 100-0005
Website
www.meijiyasuda.co.jp
Telephone
81 3 32838293
No of Employees
47,385
Industry
Financial Services
Revenue (2023)
$31.1B
Meiji Yasuda Life Insurance Co premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Term Life Insurance | Investment Advisory Services |
| Whole Life Medical Insurance | Asset Management Services |
| US Dollar-Denominated Endowment Insurance | Outsourcing Services |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Acquisitions/Mergers/Takeovers | In March, the company’s subsidiary, StanCorp Financial Group, Inc., announced to acquire Elevance Group three subsidiaries and form sales alliance. |
| 2023 | New Products/Services | In March, the company launched Sound Arch, a telephone voice hearing aid device. |
| 2022 | Acquisitions/Mergers/Takeovers | In November, the company acquired an additional 2% stake in Thai Life Insurance Public Company Limited. |
Competitor Comparison
| Key Parameters | Meiji Yasuda Life Insurance Co | Nippon Life Insurance Co | Dai-ichi Life Holdings Inc | Sumitomo Life Insurance Co | T&D Holdings Inc |
|---|---|---|---|---|---|
| Headquarters | Japan | Japan | Japan | Japan | Japan |
| City | Tokyo | Osaka | Chiyoda-Ku | Osaka City | Chuo-Ku |
| State/Province | Tokyo | Osaka | Tokyo | Osaka | Tokyo |
| No. of Employees | 47,385 | 70,714 | 60,997 | 44,049 | 20,336 |
| Entity Type | Private | Private | Public | Private | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Akio Negishi | Chairman | Executive Board | - | - |
| Hideki Nagashima | Director; Group Chief Executive Officer; President | Executive Board | - | - |
| Masao Aratani | Deputy President; Director | Executive Board | - | - |
| Shinya Makino | Deputy President; Director | Executive Board | - | - |
| Yasushi Ueda | Managing Executive Officer; Chief Risk Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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