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November 27, 2015 11:29 PM ET


Company Overview of Nippon Life Insurance Company

Company Overview

Nippon Life Insurance Company, together with its subsidiaries, engages in insurance and insurance-related businesses worldwide. The company’s products for individual customers include whole life and term life insurance products, and term life insurance with survival benefits; dread disease, physical disability, and nursing care insurance products; general medical, cancer medical, and limited injury insurance products; annuities and endowment insurance products; juvenile, children’s general medical, and education endowment insurance products; single-payment products; and automobile and fire insurance products. It also offers consultancy services for individual customers. The company’s product...

3-5-12, Imabashi


Osaka,  541-8501


Founded in 1889


81 6 6209 4500

Key Executives for Nippon Life Insurance Company

President and Representative Director
Age: 61
Executive Vice President and Representative Director
Age: 61
Senior Managing Executive Officer and Director
Age: 59
Senior Managing Executive Officer and Director
Age: 56
Managing Executive Officer and Director
Age: 55
Compensation as of Fiscal Year 2015.

Nippon Life Insurance Company Key Developments

Nippon Life Insurance Company Reports Financial Results for the First Half to Sep. 2015

Nippon Life Insurance Company reported financial results for the first half to Sep. 2015. The company's premium revenue in the first half of the current business year grew 17.3% from a year before to ¥2,896.1 billion. Core biz profit was ¥393.3 billion. Nippon Life enjoyed brisk sales in April-September of group annuity policies and foreign currency-denominated single-premium whole life plans, which are sold at bank counters.

Nippon Life Insurance Company Presents at Tri-State Institutional Real Estate Investor Forum, Oct-27-2015

Nippon Life Insurance Company Presents at Tri-State Institutional Real Estate Investor Forum, Oct-27-2015 . Venue: The Harmonie Club, 4 E 60th St, New York, New York, United States. Speakers: Tai Kamimura, Director, Hedge Fund Investments.

Nippon Life Reportedly Plans To Acquire Mitsui Life

Nippon Life Insurance Company is planning to acquire Mitsui Life Insurance Company Limited as early as in September, according to people with knowledge of the deal. Nippon Life plans to offer ¥300 billion to ¥400 billion for at least an 80% stake in Mitsui Life, said one of the people, who asked not to be named because the information isn't public. Nippon Life is planning to acquire a 66.67% to 80% stake in Mitsui Life from Sumitomo Mitsui Financial Group, Inc. and other shareholders. The transaction is expected to be announced early in September 2015 and complete by the end of March 2016.

Recent Private Companies Transactions

November 24, 2015
Reliance Gilts Limited
November 13, 2015
Nippon Life Shinjuku Gyoen-mae Building
November 2, 2015
The Joyo Bank, Ltd.

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