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Nippon Life

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Nippon Life Insurance Company
TypePublic
IndustryFinancial services
FoundedJuly 4, 1889; 137 years ago (1889-07-04) in Osaka, Japan
FounderSukesaburo Hirose
Headquarters,
Area served
Japan and international markets through subsidiaries and affiliates
Key peopleHiroshi Shimizu (Chairman); Satoshi Asahi (President)
ProductsLife insurance, Term life insurance, Whole life insurance, annuities, Health insurance, Medical insurance, Group insurance, Pension products and Asset management
RevenueIncrease ¥14.77 trillion (2025) (US$93.33 billion)[1]
Decrease ¥105.2 billion (2025) (US$664.47 million)[1]
Increase ¥606.45 billion (2025) (US$3.83 billion)[1]
Total assetsIncrease ¥118.86 trillion (2025) (US$750.79 billion)[1]
Total equityIncrease ¥11.21 trillion (2025) (US$70.8 billion)[1]
OwnerPolicyholders (mutual company)
Number of employees
172,869 (2026)
Websitewww.nissay.co.jp/global/
Footnotes
Consolidated Nippon Life Group figures for FY2025, ended 31 March 2026. Assets, equity and employee count are as of 31 March 2026. Financial figures are reported in Japanese yen.[1]

Nippon Life Insurance Company (Japanese: 日本生命保険相互会社, Hepburn: Nihon Seimei Hoken Sōgo-gaisha), also known as Nissay (Japanese: ニッセイ, Hepburn: Nissei) or Nihon Seimei (日本生命) is the largest Japanese life insurance company by revenue.[2] 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.[3][4]

Overview

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Nippon Life Insurance Company was formed on 4 July 1889 by Sukesaburo Hirose in Osaka, Japan.[5] Nippon Life employs 70,519 employees and has 70,608 billion yen in assets as of 2016.[6] The company is headquartered in Imabashi Sanchōme, Chūō-ku, Osaka, Japan. It has a wholly owned subsidiary, Resolution Life, which operates in Southeast Asia and the United States.[2]

In October 2026, Nippon Life India AMC got approval by Securities and Exchange Board of India (SEBI) for ₹96.8 crore to settlement for Yes Bank AT1 case.[7][8]

References

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  1. 1 2 3 4 5 6 "Financial Results for the Fiscal Year Ended March 31, 2026" (PDF). Nippon Life Insurance Company. 2026-05-26. pp. 117–118. Retrieved 2026-10-30.
  2. 1 2 Fox, David (2024-12-12). "Nippon Life takes over Bermudian reinsurer". www.royalgazette.com. Retrieved 2025-07-15.
  3. ↑ "2006 Annual Report, Chapter 4" (PDF). Nippon Life Insurance Company. Retrieved 2007-01-08.
  4. ↑ 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.
  5. ↑ "Nippon Life Insurance". Bloomberg.
  6. ↑ "2016 Nissay Annual Report" (PDF).
  7. ↑ "Nippon AMC gets Sebi nod for settlement in Yes Bank AT1 case". Reuters.
  8. ↑ "Nippon AMC gets Sebi nod for settlement in Yes Bank AT1 case". The Economic Times. 23 October 2026.
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