Nippon Life Insurance Co - Company Profile

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Nippon Life Insurance Co: Overview

Nippon Life Insurance Co (Nippon) is provider of individual and group life insurance and annuity products. The company offers insurance products for whole life, term life, endowment, general medical, physical disability, dread disease, cancer medical, and limited injury to individual customers. Its corporate insurance products include group credit life, group term life, group long-term disability income support, group medical life, employees’ pension fund, workers’ asset-formation pension fund, and workers’ asset-formation savings. It also focuses on asset management and general affairs-related operations. It offers trust banking services, leasing, type II financial instruments services, investment advisory, investment management, credit guarantee services, venture capital, mortgage loans, discretionary investment contract services, and finance agency services. It operates through a network of branches, sales offices, overseas representative offices, and agencies. It operates in Japan, the US, the UK, and Asia. Nippon is headquartered in Osaka, Japan.

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Headquarters Japan

Address 3-5-12, Imabashi, Chuo-ku, Osaka, 5418501


Telephone 81 6 62094500

No of Employees 70,714

Industry Financial Services

Revenue (2023) $71.2B

   

   

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Nippon Life Insurance Co premium industry data and analytics

60+

Insurance Market Data Insights

Insight into market share and brand performance.

1

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Nippon Life Insurance Co (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Nippon Life Insurance Co’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products
Dread Disease Insurance
Physical Disability Insurance
Nursing Care Insurance
XYZ
XYZ
XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 Plans/Strategy In November, the company announced its plans to acquire Nichii Holdings for about 210 billion yen.
2023 Contracts/Agreements In June, the company signed a partnership agreement with a financial institution for promoting regional sustainability.
2023 Contracts/Agreements In February, the company signed a memorandum of understanding with Chulalongkorn University, Bumrungrad Hospital and Bangkok Life Assurance to enhance the quality of life of Thai people with financial stability and health.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Find out more
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Competitor Comparison

Key Parameters Nippon Life Insurance Co Japan Post Insurance Co Ltd Sumitomo Life Insurance Co Meiji Yasuda Life Insurance Co Sony Life Insurance Co., Ltd.
Headquarters Japan Japan Japan Japan Japan
City Osaka Chiyoda-Ku Osaka City Tokyo Minato-ku
State/Province Osaka Tokyo Osaka Tokyo Tokyo
No. of Employees 70,714 19,980 44,049 47,385 -
Entity Type Private Public Private Private Private
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Executives
Name Position Board Since Age
Yoshinobu Tsutsui Chairman Executive Board 2018 69
Hiroshi Shimizu President; Chief Executive Officer; Director Executive Board 2018 62
Yoshitaka Nakamura Director; Managing Executive Officer Executive Board 2023 54
Yuji Mikasa Director; Executive Vice President Executive Board - 60
Naoki Akahori Director; Managing Executive Officer Executive Board 2021 59
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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