The Dai-ichi Mutual Life Insurance Company

The Dai-ichi Mutual Life Insurance Company

Type	Mutual
Founded	September 15, 1902
Founder	Tsuneta Yano
Headquarters	Tokyo, Japan
Industry	Insurance
Products	Insurance
Revenue	▲$28.947 billion USD (2005)
Employees	54,463 (2005)
Website	www.dai-ichi-life.co.jp/

DN Tower 21, headquarters of The Dai-ichi Mutual Life Insurance Company in Chiyoda-ku, Tokyo, Japan.

The Dai-ichi Mutual Life Insurance Company (第一生命保険相互会社, Dai-ichi Seimei Hoken Sōgo-gaisha^?), or Dai-ichi Life for short, is the third largest life insurer in Japan measured by revenue, only behind Japan Post Insurance Co., Ltd. and Nippon Life Insurance Company.

It is also the oldest mutual insurance company in Japan, founded on September 15, 1902.

[edit] Key facts

1938 - head office is moved to its current Tokyo location.
1975 - first overseas representative office is established in New York City.
1982 - first European representative office is established in London.
1990 - investment in Lincoln National Life Insurance Company marks the first time a Japanese company has 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.