Global Network

Insurance Business

U.S.

Nippon Life Insurance Company of America Open new window

Established in 1991 as our first overseas primary insurance company, Nippon Life Insurance Company of America provides products and services, mainly group medical insurance, in New York, Los Angeles, Chicago, and other cities under its motto of "Nissay even in America." In particular, the company has been highly evaluated by Japanese and South Korean companies that operate in the US by offering customer service in Japanese and Korean.
It will continue working on initiatives aimed at strengthening product-specic business strategies and enhancing customer satisfaction.

Company Information (As of Mar. 31, 2025)
Country The United States
Established 1991
Main distribution channel Brokers
Premium revenue(FY2024)* ¥51.5 billion
Number of employees 88
Investment ratio 96.96%
Products Group Medical Insurance and others
  • *
    Jan. 2024 to Dec.2024

Australia and New Zealand

Acenda Group

Acenda Group provides insurance products and services for individuals and groups throughout Australia and New Zealand, mainly through financial advisers and other distribution channels. In 2016, Nippon Life acquired the life insurance business of National Australia Bank and established Nippon Life Insurance Australia and New Zealand (formerly MLC) as a subsidiary.
In 2025, through corporate restructuring resulting from the acquisition of Resolution Life as a wholly owned subsidiary, the Nippon Life Australia and New Zealand NOHC came to own Nippon Life Insurance Australia and New Zealand, Resolution Life Australasia, and Asteron Life, thereby establishing the Acenda Group. The Group aims to achieve stable growth and expansion of earnings, and continues to share initiatives and collaborate with Nippon Life across a wide range of areas.

Group Information (As of Oct. 31, 2025)
Country Australia, New Zealand
Established 2025
Main distribution channel Financial advisors, etc.
Premium revenue(FY2024)* ¥181.1 billion
Number of employees** 1,409
Investment ratio*** 100.00%
Products Term Life Insurance, Income Protection Insurance, Critical Illness Insurance
  • *
    Jan. 2024 to Dec. 2024, Figures for standalone Nippon Life Insurance Australia and New Zealand Limited
  • **
    Figures for standalone Nippon Life Insurance Australia and New Zealand Limited
  • ***
    Includes indirect investments

Bermuda

Resolution Life Group Holdings Limited Open new window

Resolution Life is a global life insurance group with subsidiaries in Bermuda, the United Kingdom, and the United States, and engages in the acquisition and management of in-force policy blocks and reinsurance.It is a pioneer in the in-force policy acquisitions business while also providing policyholders with high-quality maintenance and payment services through the use of digital technology and AI.
Nippon Life began investing in the company in 2019, made it an affiliate in 2023, and made it a wholly owned subsidiary in 2025.Nippon Life is working to create synergies by leveraging Resolution Life’s reinsurance capabilities and its advanced expertise in AI and digital technologies.

Company Information (As of Oct 31,2025)
Country Bermuda
Established 2017
Premium revenue(FY2024)* ¥240.9 billion
Number of employees** 612
Investment ratio 100%
  • *
    Jan. 2024 to Dec. 2024
  • **
    As of July,2025

India

IndusInd Nippon Life Insurance Company Limited Open new window

IndusInd Nippon Life Insurance has an extensive network of sales offices throughout India and mainly offers products and services to individuals and groups through agents and other channels.
Since investing in the company and making it an affiliate company in 2011, Nippon Life has shared its expertise across various areas including launching distribution channels based on Nippon Life's sales representatives model. The company is working to create synergy in various areas in the future, in addition to expanding its bancassurance and agency channels.

Company Information (As of Mar. 31, 2025)
Country India
Established 2001
Main distribution channel Agents and sales representatives
Premium revenue(FY2024)* ¥103.3 billion
Number of employees 11,050
Investment ratio 49.00%
Products Endowment Insurance and other savings products
  • *
    Apr. 2024 to Mar. 2025

Myanmar

Grand Guardian Nippon Life Insurance Company Limited Open new window

Grand Guardian Nippon Life mainly offers endowment and other insurance products through bancassurance and agents.
Since establishing the company as a joint venture with one of the leading conglomerates in Myanmar in 2019, Nippon Life has been seconding senior management personnel to the company as part of its efforts to build a management foundation. These efforts include developing new products and establishing sales channels based on Nippon Life's sales representatives model. We will continue widely popularizing life insurance in Myanmar as a way of contributing to the initial development of the country's life insurance market.

Company Information (As of Mar. 31, 2025)
Country Myanmar
Established 2019
Main distribution channel Bancassurance, agents, sales representatives, etc.
Premium revenue(FY2024)* ¥1.88 billion
Number of employees 632
Investment ratio 35.00%
Products Endowment Insurance and other savings products, Agricultural and Travel Insurance, and others
  • *
    Apr. 2024 to Mar. 2025

China

Great Wall Changsheng Life Insurance Co., Ltd.

Great Wall Changsheng Life Insurance mainly provides long-term and protection products through agents in Shanghai, Zhejiang, Jiangsu, and other parts of China.
Since 2003, when the company was established as the first joint venture between a Japanese life insurance company and a local firm in China, Nippon Life has shared knowledge and is working to advance Great Wall Changsheng's business and risk management in partnership with a major Chinese financial asset company.
Going forward, the company will continue to promote collaborative efforts in areas such as unique product development and services for Japanese companies based in China.

Company Information (As of Mar. 31, 2025)
Country China
Established 2003
Main distribution channel Agents
Premium revenue(FY2024)* ¥60 billion
Number of employees 379
Investment ratio 30.00%
Products whole life insurance
  • *
    Jan. 2024 to Dec. 2024

Thailand

Bangkok Life Assurance Public Company Limited Open new window

Bangkok Life Assurance is a listed company with operations throughout Thailand, including Bangkok, which provides insurance and related services in line with diverse customer needs through its major shareholder and the largest bank in Thailand, Bangkok Bank, as well as agents.
Nippon Life invested in the company in 1997 and made it an affiliate in 2004.
The company will continue to further expand sales in the bancassurance channel
by strengthening its relationship with Bangkok Bank, as well as promoting the expansion of its agent channel and strengthening sales through the knowledge and other support offered by Nippon Life.

Company Information (As of Mar. 31, 2025)
Country Thailand
Established 1951
Main distribution channel Bancassurance and agents
Premium revenue(FY2024)* ¥145.3 billion
Number of employees 1,137
Investment ratio 24.21%
Products Endowment insurance and whole life insurance
  • *
    Jan. 2024 to Dec. 2024

Indonesia

PT Asuransi Jiwa Sequis Life Open new window

Sequis Life provides insurance products and services throughout Indonesia, including Jakarta, through high-quality agents.
Nippon Life invested in the company and made it an affiliate in 2014. Together with one of Indonesia's leading conglomerates, we are promoting the sophistication of asset management utilizing Nippon Life's expertise and network.
We are working to train agents and diversify its distribution channels to further meet asset formation and coverage protection needs.

Company Information (As of Mar. 31, 2025)
Country Indonesia
Established 1984
Main distribution channel Agents
Premium revenue(FY2024)* ¥27.4 billion
Number of employees 745
Investment ratio** 20.00%
Products Whole Life Insurance, Endowment Insurance, Unit-Linked Products
  • *
    Jan. 2024 to Dec. 2024
  • **
    Includes indirect investments

Asset Management Business

India

Nippon Life India Asset Management Limited Open new window

Nippon Life India Asset Management is a fast-growing asset management firm and subsidiary with an expansive investment product lineup ranging from stocks to bonds and ETFs in India's asset management industry, which continues to experience high growth. By supplying products to Nissay Asset Management, the company also provides Japanese customers with opportunities to invest in India.

Company Information (As of Mar. 31, 2025)
Country India
Established 1995
Number of employees 1,105
Assets under management* ¥9.7 trillion (5.5 trillion INR)
Investment ratio 72.32%
  • *
    Mutual fund only

U.S.

The TCW Group, Inc. Open new window

The TCW Group is a US-based asset management firm with expertise in managing US bonds. Along with managing one of the largest mutual funds in the US and supplying investment products to the world's largest pension funds, institutional investors, and others, the company also provides Japanese customers with global, primarily American, investment opportunities.

Company Information (As of Mar. 31, 2025)
Country The United States
Established 1971
Number of employees 649
Assets under management* ¥28.8 trillion (192.8 billion USD)
Investment ratio 27.09%

Find out more

Insurance Business

TAIJU LIFE INSURANCE COMPANY LIMITED Open new window

TAIJU LIFE INSURANCE COMPANY LIMITED is a life insurance
company originally founded as Mitsui Life Insurance Co., Ltd. in
March 1927.

The company underwent management integration
with Nippon Life in December 2015, and changed its name to
TAIJU LIFE INSURANCE COMPANY LIMITED in April 2019.
TAIJU LIFE will continue to meet diversifying customer needs as part of
a unified Group in several areas, including products and services.

Company Information (As of Mar.31,2025)
Established 1947*
Number of Employees 10,878
Revenues from Insurance Premiums ¥824.8billion
Main Distribution Channel Sales Representatives
Main Products and Services Insurance with Customizable Coverage
Investment Ratio 85%
  • *
    Established in 1927 (as Mitsui Life Insurance Co., Ltd.)

Nippon Wealth Life Insurance Company Limited Open new window

Since the management integration with Nippon Life in
May 2018, Nippon Wealth has made progress on initiatives
toward creating synergy between both companies with
the aim of upgrading and expanding its lineup of Group
products and strengthening its system of sales and support
for partner financial institutions.

Both companies will continue working together to expand their network of partner financial institutions and the products they carry.

Company Information (As of Mar.31,2025)
Established 1947*
Number of Employees 579
Revenues from Insurance Premiums ¥1.8875trillion
Main Distribution Channel Finance institution channel
Main Products and Services Single payment whole life insurance
Investment Ratio 100%
  • *
    Founded in 1907

HANASAKU LIFE INSURANCE Co., Ltd. Open new window

HANASAKU LIFE INSURANCE Co., Ltd. is a life insurance
company that started operations in April 2019 to respond
flexibly and quickly to diversifying customer needs.

The company flexibly provides products through the agency
channel as well as direct channels (mail-order and online),
and works to improve the convenience of procedures through
the use of digital technology.

Company Information (As of Mar.31,2025)
Established 2018
Number of Employees 410
Revenues from Insurance Premiums ¥69.0billion
Main Distribution Channel Agencies/Direct (mail-order and online)
Main Products and Services Medical insurace, etc
Investment Ratio 100%

Nissay Plus SSI Company Inc. Open new window

Nissay Plus SSI Company Inc. that started operations in
April 2022 in order to respond to diversifying coverage needs
against a background of lifestyle changes and the digital
environment becoming more widespread.

The company aims to provide products that can meet diverse customer needs
by collaborating with various partner companies to combine
partner company products and services with highly compatible
insurance products.

Company Information (As of Mar.31,2025)
Established 2021
Number of Employees 24
Revenues from Insurance Premiums ¥65million
Main Distribution Channel Direct (online)
Main Products and Services Small-amount,short-term insurance
Investment Ratio 100%

Asset Management

Nissay Asset Management Corporation Open new window

Nissay Asset Management is a 100% subsidiary asset
management company established in 1995 that brings
together the Group’s asset management capabilities.

The company leverages its expertise in insurance asset
management to supply a wide range of investment products
that meet the needs of pension funds, as well as individual
investors and other customers, for long-term, stable asset
building.

Company Information (As of Mar.31,2025)
Established 1995
Number of Employees 700
Assets under Management ¥41.2trillion
Investment Ratio 100%

Other Group Companies

Nissay Information Technology Co., Ltd Open new window

Nissay Information Technology was established in 1999 as a company that would be responsible for the IT strategy of the Nippon Life Group.
Along with undertaking system development and
other processes for new products from Nippon Life in
order to meet diversifying market needs and other needs,
the company is harnessing its vast experience in order
to provide high-quality IT services and consulting in the
social insurance market, such as insurance and mutual
aid, annuities, and healthcare.

Company Information (As of Mar.31,2025)
Established 1999
Number of Employees 2,533
Sales ¥89billion
Main Products and Services
  • System services related to insurance and finance
  • System services related to medical and long-term care
  • Network services
  • Outsourcing etc…
Investment Ratio 83.92%
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