Dai-ichi_Life

Dai-ichi Life

Dai-ichi Life

Japanese life insurance company


The Dai-ichi Life Insurance Company, Limited (第一生命保険株式会社, Dai-ichi Seimei Hoken Kabushiki-kaisha), or Dai-ichi Life for short, is the third-largest life insurer in Japan by revenue, behind Japan Post Insurance and Nippon Life.

Quick Facts Company type, Traded as ...

Founded on September 15, 1902, Dai-Ichi was one of the oldest mutual insurance companies in Japan until a motion to demutualise was passed in 2009 and, on April 1, 2010, it listed on the Tokyo Stock Exchange, raising 1.01 trillion yen. As of March 2013, it had the most assets of any listed company in Japan with a total of 33 trillion yen on its stand-alone balance sheet, more than twice the total assets of #2-ranked Tokyo Electric Power Company.[2]

It was announced in October 2014 that Dai-ichi would raise US$1 billion by issuing US-dollar-denominated subordinated bonds in overseas markets.[3]

It is also the largest single shareholder of the Tokyu Corporation, holding 6.35% of all issued stock.

Key facts

As of March 30, 2006:

  • Total assets - US$276,552 million
  • Policy reserves - US$227,524 million
  • Total capital - US$21,425 million
  • Solvency margin ratio - 1,095.5%
  • Policies in force - US$2,085 billion
  • Policyholders - 8,646,469

History

The Earl Yanagisawa Yasutoshi
The lieutenant Hamaguchi Kichibe

As an institutional investor

As an institutional investor, Dai-ichi Life Holdings owns 230 Japanese companies' stocks as of 2022. [9]

See also

  • Disney: is charged for the Dai-ichi Life's advertisement

References

Notes
  1. The govt has originally planned to issue the Manturia Insurance Business Act in July.[6]
Source
  1. "The World's Biggest Public Companies". forbes.com. Retrieved 10 April 2018.
  2. Hoken Ginko Jiho(Insurance Bank Reports). 1934.
  3. Shibusawa Shashi Database(Shibusawa Business History Database).
  4. "Protective Announces Completion of Acquisition By Dai-ichi Life". Protective. Archived from the original on 7 December 2015. Retrieved 10 November 2015.

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