Nippon Life Insurance | |
Trade Name: | Nippon Life, Nissay |
Native Name: | 日本生命保険相互会社 |
Native Name Lang: | ja |
Romanized Name: | Nihon Seimei Hoken sōgo gaisha |
Type: | Private |
Location: | 5-12 Imabashi Sanchōme |
Location City: | Chūō-ku, Osaka |
Location Country: | Japan |
Key People: | [1] Hiroshi Shimizu |
Industry: | Financial services |
Products: | General insurance, Life insurance, Health insurance |
Revenue: | US$74.048 billion (FY2020)[2] |
Net Income: | US$1.767 billion (FY2020) |
Aum: | US$270 billion (¥24.42 trillion) [3] |
Assets: | US$741.01 billion (FY2020) |
Equity: | US$18.094 billion (FY2020) |
Num Employees: | 92,122 (2020) |
, also known as or 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 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.