Dai-ichi Life Holdings, Inc. company profile

Overview

Dai-ichi Life Holdings, Inc., renamed Daiichi Life Group, Inc. effective April 1, 2026, is a life-insurance-led financial services group. Its businesses include domestic and overseas insurance, pet insurance and asset management; its products include life, annuity, medical and other insurance products.[1]

The group operates in Japan and overseas markets including the United States, Australia, New Zealand, Vietnam, Cambodia, Myanmar, India and Indonesia.[2] Its stated purpose is “opening up the possibilities of people’s lives around the world,” expressed in the phrase “By your side, for life.” [5] For the year ended March 31, 2026, ordinary revenues were ¥11.308 trillion; the group’s official Human Capital Report describes a workforce of more than 60,000 employees.[6][7] [1]

Products & services

Dai-ichi Life Holdings’ products include individual protection, health and medical insurance, and savings-oriented products. Named offerings include Step Jump, an index-linked individual annuity; こども応援団・Mickey, an education-savings product; and Lifestyle Disease Severity Prevention Support Insurance. Dai-ichi Frontier Life offers savings-focused individual annuities and whole-life insurance, including Premium Present 5. Daiichi Neo Life’s range includes medical, simplified-underwriting medical, cancer and three-major-disease lump-sum coverage.[8]

The group also provides life-plan consulting and health/medical services, and supports policy procedures and contact with assigned representatives through its app; the app can link step-count information. Its pet-insurance products include うちの子, covering outpatient treatment, hospitalization and surgery, and うちの子ライト, covering surgery expenses. Products are distributed through channels including sales representatives, banks, agencies, pet shops and online sales.[13]

For FY2025, bancassurance sales of single-premium fixed whole-life insurance amounted to 93,980 new policies and ¥1,049,183 million in new premiums. FY2026 Q1 new-business annualized premium (ANP) growth was reported by group business rather than by product: Dai-ichi Life +8.0%, Frontier Life −2.8%, Daiichi Neo Life −2.5% and the pet-insurance business −1.3% year on year. The cited materials do not provide product-level percentages of company performance.[16][17] [13]

Geographic presence

For the year ended March 31, 2026, Dai-ichi Life Holdings reported ordinary revenues of ¥7,501.2 billion in Japan (66.3% of the group total), ¥2,111.3 billion in the United States (18.7%), and ¥1,695.8 billion in “Other Areas” (15.0%). The report does not specify the countries included in Other Areas. These figures are ordinary revenues, not a geographic breakdown of premiums alone.[18][6]

The group’s listed insurance markets include Japan, the United States, Australia, New Zealand, Vietnam, Cambodia, Myanmar, India and Indonesia. The company identifies its head office in Tokyo, Japan, at Dai-Ichi Life Hibiya First, 1-13-1 Yurakucho, Chiyoda-ku.[2][19] [18]

Business segments

Dai-ichi Life Holdings reports three formal business segments. In FY2024, Domestic Insurance Business—subsidiaries conducting insurance business in Japan—accounted for approximately 67.8% of reportable-segment ordinary revenues and 59.1% of segment income. Overseas Insurance Business—subsidiaries and affiliated companies conducting insurance business outside Japan—contributed approximately 31.8% of revenues and 18.5% of segment income. Other Business, covering group-company administration and non-insurance activities, mainly asset management and new business fields, contributed approximately 0.4% of revenues and 22.4% of segment income. These shares are calculated from reportable-segment totals before adjustments and eliminations; segment income is based on ordinary profit.[20]

In the FY2025 Q3 management presentation, the company also presented adjusted profit under a different grouping: Domestic, Overseas, Non-Insurance and Others. For the nine months ended December 31, 2025, these represented approximately 74.7%, 23.1%, 3.1% and -0.9%, respectively, of total adjusted profit. This management view is distinct from the formal reportable segments.[23] [20]

Company history

Dai-ichi was founded in 1902 by Tsuneta Yano as Japan’s first mutual life insurer. In 2010, it converted from a mutual company to a joint-stock corporation and listed on the Tokyo Stock Exchange.[26][27]

The company began expanding overseas in the 2000s: its Vietnamese subsidiary began operations in 2007, and it expanded in Australia through its investment in TOWER Australia, later renamed TAL. It agreed to acquire U.S.-based Protective Life in 2014 and completed the acquisition in 2015.[28]

On October 1, 2016, the group reorganized as a holding company, adopting the name Dai-ichi Life Holdings, Inc. It expanded in New Zealand with the 2022 acquisition of Partners Group Holdings, parent of Partners Life, and in Japan when Benefit One became a wholly owned subsidiary in 2024. On April 1, 2026, the company changed its trade name to Daiichi Life Group, Inc.[31] [26]

Sources

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