Nippon Life Insurance

Osaka-based mutual, Japan's largest life insurer by revenue

Overview

Nippon Life Insurance is Japan’s largest life insurer by revenue and the only mutual company in the national top 25, which is why it does not appear in rankings limited to listed companies.[6][1] Its revenue rose 35.8% in dollar terms to US$98.0bn, lifting it 72 places in the global ranking to 111th.[1]

Nippon Life Insurance strengths and limitations

Strengths

  • Largest Japanese insurer by revenue
  • Rapid revenue growth in 2025

Limitations

  • Mutual profits are not directly comparable with stock companies
  • Revenue converted from yen

Appears in

Nippon Life Insurance peers and competitors

Companies ranked in the same lists as Nippon Life Insurance.

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