Investor Presentaiton
Nippon Life
Overview of Nippon Life Group
NISSAY
Insurance Company
We seek to further expand our solid footprint in Japan, while building on our asset management business and global
insurance business in an effort to diversify revenue sources and to capture growth outside of Japan
As a result of recent strategic initiatives, we have successfully diversified our business portfolio
Nippon Life Group
Domestic Insurance Business
Further cultivate
Global Insurance Business
Participate in high growth markets
outside of Japan
MLC
the domestic life insurance market
Nippon Life
Insurance Company
Nippon Life
NISSAY
TAIJU LIFE INSURANCE
Taiju Life
(85.0%)
©
RELIANCE
NIPPON LIFE
INSURANCE
Nippon
Nippon Wealth Life
Wealth Life
(100.0%)
Hanasaku Life Insurance Co., Ltd.
Hanasaku Life
(100.0%)
Nissay Plus SSI Company Inc. Nissay Plus SSI
Retail Agencies
LHL
(100.0%)
(100.0%)
กรุงเทพประกันชีวิต
MLC Limited
(80.0%)
Reliance Nippon
Life Insurance
(49.0%)
Bangkok Life
Assurance
(24.2%)
Sequís PT Asuransi Jiwa Sequis Life
(68.3% by Nippon Life's affiliate¹)
Your Better Tomorrow
Nippon Life Benefits
Nippon Life Insurance
Company of America
(97.0%)
Grand Guardian
> GGI NIPPON LIFE Nippon Life Insurance
LIFE INSURANCE
(35.0%)
Nissay-Greatwall
KA Life Insurance Co., Ltd.
GREAT WALL CHANGSHENG LIFE SERANCE CO., LTD
Asset Management Business
Capture retirement assets and
Global markets
NISSAY
ASSET MANAGEMENT
Nissay Asset
Management
(100.0%)
Nippon Life India
Nippon Life india Asset Management
Asset Management Ltd
(73.1%)
TCW
The TCW Group
(26.9% by subsidiary²)
(28.5%)
B110!!
hicker
AResolution Life
(100.0%)
Resolution Life
(21.5%)
Life Salon Life Plaza Partners HOKEN110
(100.0%)
(100.0%)
Post Advisory Group
Note: As of December 31, 2023
1. 68.34% held by Nippon Life's equity-method affiliate PT Sequis, in which Nippon Life holds 29.26% of the total voting rights. 0.01% is held directly by Nippon Life
2. 100% held by a subsidiary of Clipper Holding, L.P., of which 26.85% of voting rights are held by Nippon Life's fully owned subsidiary NLI US Investments
3. An equity-method affiliate held by Nippon Life's fully owned subsidiary NLI US Investments
Post Advisory Group
(18.8% by subsidiary³)
LO
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