10. Nippon Life Insurance
The organization was established in Japan on July 4, 1889 as Nippon Life Insurance Co Ltd & is one of the most recognized names in the insurance industry.
Image: company website
Nippon Life Insurance is just the second biggest life coverage organization in Japan just behind Japan Post Holdings Co Ltd. It is likewise referred to by different names, for example, Nissay or Nihon Seimei and the present CEO is Kunie Okamoto, who sits at the organization home office situated at Osaka, Japan.
It is a privately owned business which guarantees and offers life coverage giving a scope of speculation choices to its clients to look over. The offerings to people and additionally organizations incorporate entire life, term life, hospitalization, medicinal, growth, enrichment, adolescent protection furthermore altered sum annuities. It goes past the protection business by giving speculation alternatives as well as gives monetary administrations, for example, credits, securities and land venture. The organization experienced major basic redesign in 1947 when it turned into Japan’s first Life Insurance organization to wind up a shared life organization. It was likewise one of the most punctual to acquaint the idea of make-with request to protection items by offering the client the alternatives to look over installment on development or on death of the life guaranteed which conveyed to it enormous development amid the 1960s.
Nippon Life Insurance just as of late in March 2016 caught a noteworthy stake (49%) in an Indian protection huge player Reliance Life. The organization from this time forward being known as Reliance Nippon Life Insurance Company. Aside from that the organization has additionally gained generous stake in Reliance Capital Management subsequently giving its always expanding arrangement of items to individuals over the world. The organization has comparative arrangements to build stake in different nations also including Australia, in this manner advancing on the way of inorganic development nearby significant natural development.
Total Assets: $521 Bn
Revenue: $61 Bn