Dai-ichi Life Holdings Inc
Company Profile
Business description
Daiichi Life is Japan’s second-largest life insurance company excluding recently privatized Japan Post Insurance, with a market share of around 11% of annualized net premiums. Unlike its largest domestic competitors Nippon Life, Meiji Yasuda, and Sumitomo Life, which remain mutually owned by their policyholders, Daiichi Life demutualized and listed on the Tokyo Stock Exchange in 2010. Its main domestic operating company accounts for around 60% of profits, its Frontier bancassurance subsidiary selling mainly savings products accounts for around 10%, Alabama-based Protective Life accounts for around 15%, TAL in Australia accounts for 7%, and Daiichi Life Vietnam around 5%. Daiichi also holds a 30% economic interest in Mizuho’s Asset Management One.
Contact
13-1, Yurakucho 1-chome
Chiyoda-ku
Tokyo100-8411
JPNT: +81 332161222
Sector
Financial Services
Stock type
Cyclical
Industry
Insurance - Life
Fiscal Year End
31 March 2025
Employees
59,495
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