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Home > Company Index > Insurance > Life Insurance > Nippon Life Insurance Company

Nippon Life Insurance Company
 NEWS FROM THE STANDARD
Yahoo Japan Profits More Than Triple
Oct 12 2000 05:48 AM PDT

International News Briefs
Aug 14 2000 12:00 AM PDT

Entrust Partners for Japanese Subsidiary
Dec 02 1998 12:00 AM PST

 PROFILE
What's the chicken soup for the troubled Asian insurance firm's soul? Nippon Life Insurance, Japan's largest life insurer, sells individual and group life and annuity products. Its activities overseas focus primarily on services for Japanese firms operating abroad. Japan's deregulatory Big Bang has allowed the company to begin offering other insurance lines and financial planning services. To counter the competition as banks, brokerages, and insurers begin putting fingers in one another's pies, Nippon Life is teaming up with financial services firms to offer clients asset management, retirement planning, and other products. The firm is setting up a joint company with Mitsui Marine and two other Japanese insurers.

 COMPETITION
Asahi Mutual Life Insurance Company (dossier)
The Dai-ichi Mutual Life Insurance Company (dossier)
Sumitomo Life Insurance Company (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: March
2000 Sales (mil.): 82,860.40
1-Yr. Sales Growth: 16.5%
Employees: 60,000
Revenue per employee: $1,381,006.67

 KEY PEOPLE
• Ikuo Uno
    CEO
• Tsuyoshi Nahara
    CFO

 CONTACT INFO
5-12, Imabashi 3-chome, Chuo-ku
Osaka 541-8501, Japan
Phone: 81-6-6209-5525
Fax: 81-3-5510-7340
Online: Web Site

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