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Japanese life insurance company From Wikipedia, the free encyclopedia
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.[4][5]
Nippon Life, Nissay | |
Native name | 日本生命保険相互会社 |
Romanized name | Nihon Seimei Hoken sōgo gaisha |
Company type | Private |
Industry | Financial services |
Founded | July 4, 1889 |
Headquarters | 5-12 Imabashi Sanchōme, , |
Key people | Yoshinobu Tsutsui (Chairman)[1] Hiroshi Shimizu (CEO) |
Products | General insurance, Life insurance, Health insurance |
Revenue | US$74.048 billion (FY2020)[2] |
US$1.767 billion (FY2020)[2] | |
AUM | US$270 billion (¥24.42 trillion) (2022)[3] |
Total assets | US$741.01 billion (FY2020)[2] |
Total equity | US$18.094 billion (FY2020)[2] |
Number of employees | 92,122 (2020)[2] |
Website | www.nissay.co.jp www |
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.
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