# Nippon Life Insurance

Nippon Life Insurance is an Insurance based in Osaka, Japan.

## Overview

- **Organization type:** Insurance
- **Headquarters:** Osaka, Japan
- **Region:** Asia
- **Address:** 3-5-12 Imabashi, Chuo-ku, Osaka 541-8501, Japan
- **Founded:** 1889
- **Assets under management:** $907B (¥145T Mar 31 2026)
- **Website:** nissay.co.jp
- **Wikidata:** Q519611

## Regulatory record

- **Reports private funds:** No

## About

Nippon Life Insurance Company (also known as Nissay), founded in 1889, is Japan’s largest private life insurer and the core of the Nippon Life Group, a mutual company operating life insurance, asset management, healthcare, long-term care, and related businesses domestically and globally across the Asia-Pacific, Americas, and Europe (per official history and About Us pages). It serves approximately 15 million clients with 170,711 employees and is Japan’s largest private asset owner. As of March 31, 2026, group total assets stood at ¥118,862.7 billion and group-wide assets under management at ¥145 trillion (per Overview of Financial Results for the Fiscal Year Ended March 31, 2026). Nonconsolidated total assets reached ¥85,831.8 billion and general account assets ¥84,708.2 billion (per Financial Results for FY Ended March 31, 2026). The firm manages a diversified investment portfolio focused on yen-denominated bonds for stable income, supplemented by equities, foreign securities, loans, and real estate to generate long-term returns for policyholders. Under President Satoshi Asahi (appointed April 2025) and Chairman Hiroshi Shimizu, it pursues a strategy of domestic market cultivation, overseas expansion (including full acquisition of Resolution Life), and group synergies in asset management to enhance policyholder value and sustainability across people, community, and environment pillars (per Integrated Report 2025 and leadership disclosures). Solvency remains robust with high margin ratios supporting mutual company commitments to dividends and long-term promises.

## Sectors

- Real Estate
- Private Credit
- Hedge Funds
- Infrastructure
- InsurTech

## Offices

- Tokyo, Japan
- New York, NY, United States

## People

- Hiroshi Shimizu — Chairman
- Satoshi Asahi — President
- Naoki Akahori — Representative Director and Executive Vice President
- Yoshitaka Nakamura — Director and Senior Managing Executive Officer
- Kayoko Nakano — Director and Managing Executive Officer
- Yuji Mikasa — Executive Vice Chairman

## Questions

### When was Nippon Life Insurance Company founded?

Nippon Life Assurance Co., Inc. was established in 1889; it became Nippon Life Insurance Company and reemerged as a mutual company in 1947 (per official history page).

### Where is Nippon Life headquartered?

Headquarters are in Osaka (3-5-12 Imabashi, Chuo-ku), Japan, with significant operations and a Tokyo office (per company profile and official site).

### Who leads Nippon Life Insurance currently?

Satoshi Asahi serves as President (since April 2025) and Hiroshi Shimizu as Chairman (per leadership page as of July 2026 and financial results announcements).

### What is the most recent group AUM or total assets figure?

Group-wide assets under management reached ¥145 trillion and total assets ¥118,862.7 billion as of March 31, 2026 (per Overview of Financial Results for FY Ended March 31, 2026).

### What are Nippon Life’s primary business activities?

Core life insurance (individual and group) in Japan plus overseas insurance, asset management, healthcare, long-term care, and childcare services as a provider of multidimensional peace of mind (per About Us, Integrated Report 2025, and financial results).

## Related profiles

- [Nippon Kinzoku Pension Fund](https://altss.com/profile/nippon-kinzoku-pension-fund)
- [Nippon Telegraph and Telephone](https://altss.com/profile/nippon-telegraph-and-telephone)

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Last updated: 2026-07-17T21:31:00.000Z

Canonical page: https://altss.com/profile/nippon-life-insurance

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