Daiichi Life

You can help expand this article with text translated from the corresponding article in Japanese. (November 2025) Click [show] for important translation instructions. View a machine-translated version of the Japanese article. Machine translation, like DeepL or Google Translate, is a useful starting point for translations, but translators must follow the LLM translation guideline, revise errors as necessary and confirm that the translation is accurate, rather than simply copy-pasting machine-translated text into the English Wikipedia. Consider adding a topic to this template: there are already 1,639 articles in the main category, and specifying|topic= will aid in categorization. Do not translate text that appears unreliable or low-quality. If possible, verify the text with references provided in the foreign-language article. You must provide copyright attribution in the edit summary accompanying your translation by providing an interlanguage link to the source of your translation. A model attribution edit summary is Content in this edit is translated from the existing Japanese Wikipedia article at [[:ja:第一生命保険]]; see its history for attribution. You may also add the template {{Translated|ja|第一生命保険}} to the talk page. For more guidance, see Wikipedia:Translation.

Daiichi Life Group, Inc.
Logo used since 2026
Headquarters at the Dai-ichi Life Hibiya First
Native name	株式会社第一ライフグループ
Romanized name	Kabushiki-gaisha Daiichi Raifu Gurūpu
Formerly	The Dai-Ichi Life Insurance Company (1902-2010) The Dai-Ichi Life Insurance Company, Limited (2010-2016) Dai-ichi Life Holdings, Inc. (2016-2026)
Type	Public
Traded as	TYO: 8750 TOPIX Large 70 Component (Dai-ichi Life Holdings)
Founded	September 15, 1902; 124 years ago (1902-09-15)
Founder	Tsuneta Yano
Headquarters	Dai-ichi Life Hibiya First, Yurakucho, Chiyoda, Tokyo , Japan
Products	Insurance
Revenue	5.28 trillion yen (FY 2013)
Net income	32.4 billion yen (FY 2013)
Total assets	$346.9 billion (2015), Solvency ratio: 763.8%
Total equity	1.64 trillion yen (March 2013)
Number of employees	61,335 (2013)
Subsidiaries	The Dai-ichi Life Insurance Dai-Ichi Frontier Neo-First Life Insurance iPet Dai-ichi Small Amount and Short-term
Website	www.dai-ichi-life-hd.com

Daiichi Life Group, Inc. (株式会社第一ライフグループ, Kabushiki-gaisha Daiichi Raifu Gurūpu), or Daiichi 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 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.

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

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

This section is in list format but may read better as prose. You can help by converting this section, if appropriate. Editing help is available. (February 2020)

• 1902 - Founded by a statistician and the Earl Yanagisawa Yasutoshi, Ohashi Shintaro, the President of the Hakubunkan, and the Lieutenant Hamaguchi Kichibe, supported by an insurance doctor Yano Kota.
• 1937 - After Marco Polo Bridge Incident in July which the Major general Masakazu Kawabe and the Colonel Renya Mutaguchi led the Second Sino-Japanese War, Ministry of Commerce and Industry and Ministry of Colonial Affairs issued Manturia Insurance Business Act on December 27 and enforced it the next day.
• 1938 - Taizō Ishizaka, former high-rank officer of Ministry of Communications become the President of Dai-ichi Life and licensed for business in Manchuria. Tokyo head office relocated to current place, Yurakucho, Hibiya.
• 1945 - The Tokyo head office was requisitioned as the Supreme Commander for the Allied Powers (GHQ) government building.
• 1975 - first overseas representative office is established in New York City.
• 1977 - begins to sell UU Insurance for the male.
• 1982 - first European representative office is established in London.
• 1990 - investment in Lincoln National Life Insurance Company marked the first time a Japanese company participated in capitalizing a leading U.S. insurer.
• 1993 - completion of the DN Tower 21, a new head office building.
• 1995 - Great Hanshin earthquake: simplification of claims settlement procedures.
• 1996 - establishment of the Dai-ichi Property and Casualty Insurance Co., Ltd.
• 1997 - establishment of Dai-ichi Life Research Institute Inc.
• 1999 - agreement on total business cooperation with the Industrial Bank of Japan (now Mizuho Financial Group.)
• 2000 - agreement to form a comprehensive business alliance with Sompo Japan Insurance and Aflac.
• 2002 - celebration of its 100th anniversary.
• 2010 - Demutualization and stock listing on the Tokyo Stock Exchange
• 2011 - completes take over of ASX listed Tower Australia life insurance company, the wholly owned subsidiary is then renamed TAL
• 2015 - purchased Protective Life Corporation

As an institutional investor

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

Gallery

See also

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

References

Notes

Source

External links

• The Dai-ichi Mutual Life Insurance Company (in Japanese)
• The Dai-ichi Mutual Life Insurance Company Annual Report (in English)