Dai-ichi Life

The Dai-ichi Life Insurance Company, Limited
Public kabushiki kaisha
Traded as TYO: 8750
Industry Insurance
Founded September 15, 1902 (as mutual company); April 1, 2010 (as stock company)
Founder Tsuneta Yano
Headquarters Chiyoda. Tokyo, Japan
Products Insurance
Revenue 5.28 trillion yen (FY 2013)
32.4 billion yen (FY 2013)
Total assets $346.9 billion (2015)[1]
Total equity 1.64 trillion yen (March 2013)
Number of employees
61,335 (2013)
Website www.dai-ichi-life.co.jp/
DN Tower 21, headquarters of The Dai-ichi Mutual Life Insurance Company in Chiyoda, Tokyo, Japan. The low-rise section (left front) was built in 1938 and served as SCAP headquarters (1945-1952).

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.

Founded on September 15, 1902, Dai-Ichi was the oldest mutual insurance company 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]

Key facts

As of March 30, 2006



External links

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