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  September 5, 2001
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Home > Company Index > Insurance > Life Insurance > Daido Life Insurance Company

Daido Life Insurance Company
 PROFILE
Economic pressures and deregulation are cutting dadoes in the Japanese insurance industry. Daido Life Insurance (founded 1902) is reorganizing its individual and group life insurance operations and adding new lines, including a pension management division and a securities investment division. The midsized firm claims to be Japan's top provider of individual term life insurance with a market share approaching 30%; it also focuses on the small and medium-sized corporate insurance market. Daido Life also offers combined life and nonlife insurance. The company, which is demutualizing and forming a joint holding company with Taiyo Mutual Life, has offices in Japan and New York.

 COMPETITION
Fukoku Mutual Life Insurance Co. (dossier)
The Kyoei Life Insurance Co., Ltd. (dossier)
Toho Mutual Life Insurance Company (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: March
2000 Sales (mil.): 13,520.70
1-Yr. Sales Growth: 15.6%
Employees: 22,464
Revenue per employee: $601,883.01

 KEY PEOPLE
• Naoteru Miyato
    CEO
• Kazuki Nakamoto
    CFO

 CONTACT INFO
1-2-1 Edobori, Nishi-ku
Osaka 550, Japan
Phone: 81-6-6447-6111
Fax: 81-6-6459-1142
Online: Web Site

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