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Home > Company Index > Insurance > Life Insurance > The Dai-ichi Mutual Life Insurance Company

The Dai-ichi Mutual Life Insurance Company
 PROFILE
Though "dai-ichi" means "first," Dai-ichi Mutual Life Insurance is Japan's #2 insurer (behind Nippon Life Insurance). Founded in 1902, the firm sells individual and group life insurance, as well as individual and group pension products. Like other Japanese insurance firms, Dai-ichi Mutual faces the Big Bang of deregulation and concomitant competition from foreign companies previously barred from the Japanese market. The company has become the first of Japan's life insurance firms to set its own premium rates. Dai-ichi Mutual Life operates overseas through a handful of subsidiaries and offices.

 COMPETITION
Meiji Life Insurance Company (dossier)
Nippon Life Insurance Company (dossier)
Sumitomo Life Insurance Company (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: March
2000 Sales (mil.): 57,527.80
1-Yr. Sales Growth: 22.0%
Employees: 60,792
Revenue per employee: $946,305.43

 KEY PEOPLE
• Tomijiro Morita
    CEO
• Shigenori Takano
    CFO

 CONTACT INFO
13-1, Yurakucho 1-chome, Chiyoda-ku
Tokyo 100-8411, Japan
Phone: 81-3-3216-1211
Fax: 81-3-5221-4360
Online: Web Site

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