July 25, 2016 6:14 AM ET

Insurance

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

Chuo-ku

Osaka,  541-8501

Japan

Founded in 1889

Phone:

81 6 6209 4500

Key Executives for Nippon Life Insurance Company

President and Representative Director
Age: 62
Executive Vice President and Representative Director
Age: 62
Senior Managing Executive Officer and Director
Age: 60
Senior Managing Executive Officer and Director
Age: 57
Managing Executive Officer and Director
Age: 56
Compensation as of Fiscal Year 2016.

Nippon Life Insurance Company Key Developments

Nippon Life Insurance Company, Annual General Meeting, Jul 05, 2016

Nippon Life Insurance Company, Annual General Meeting, Jul 05, 2016.

Nippon Life Insurance Company Announces Unaudited Consolidated and Nonconsolidated Earnings Results for the Year Ended March 31, 2016

Nippon Life Insurance Company announced unaudited consolidated and nonconsolidated earnings resultsd for the year ended March 31, 2016. For the year, on non-consolidated basis, the company reported ordinary income of JPY 7,744,877 million against JPY 7,293,695 million a year ago. Ordinary profit was JPY 537,509 million against JPY 607,241 million a year ago. Surplus before income tax was JPY 359,800 million against JPY 429,411 million a year ago. Net surplus was JPY 288,049 million against JPY 303,758 million a year ago. Core operating profit was JPY 698,134 million against JPY 679,090 million a year ago. For the year, on consolidated basis, the company reported ordinary income of JPY 8,057,594 million against JPY 7,410,093 million a year ago. Ordinary profit was JPY 561,348 million against JPY 618,604 million a year ago. Surplus before income taxes was JPY 480,609 million against JPY 440,738 million a year ago. Net surplus attributable to the parent company was JPY 403,463 million against JPY 308,070 million a year ago. Net cash provided by operating activities was JPY 2,719,088 million against JPY 1,788,193 million a year ago. Purchases of assets held in trust were JPY 2,000 million. Purchases of tangible fixed assets were JPY 50,009 million against JPY 50,695 million a year ago.

Nippon Life Insurance Company Reports Earnings Results for the First Three Quarters of 2015

Nippon Life Insurance Company reported earnings results for the first three quarters of 2015. For the period, the company’s core profit rise by 16.0% to JPY 510.3 billion in the first three quarters of fiscal 2015. The company earned JPY 4,303.8 billion in premium revenue, up 16.9% year on year.

Similar Private Companies By Industry

Company Name Region
Advance Insurance Planning Co., Ltd. Asia
Aicam Co.,Ltd. Asia
Asahi Mutual Life Insurance Company Asia
Broad-minded Co.,Ltd. Asia
BSL Insurance Corporation Asia

Recent Private Companies Transactions

Type
Date
Target
Fund Raising
May 16, 2016
Nissay Capital No. 7 Investment Limited Partnership
Merger/Acquisition
May 10, 2016
NJK Corporation
Merger/Acquisition
April 25, 2016
Hokkan Holdings Limited
 

The information and data displayed in this profile are created and managed by Capital IQ, a Standard & Poor's company. Bloomberg.com does not create or control the content. For inquiries, please contact Capital IQ directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Bloomberg L.P. United States
NYC2012, Inc. United States
Rush University United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Nippon Life Insurance Company, please visit www.nissay.co.jp. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.