2008-07-17 10:51:18 -
Nippon Life Insurance Company - Corporate and Strategic Assessment Report – Company Strategy, SWOT Analysis - a new market research report on www.companiesandmarkets.com www.companiesandmarkets.com/Summary-Company-Profile/Nippon-Life- ..
Introduction
Nippon Life Insurance Company (Nippon Life or ´the company´) is a leading Japanese insurer with gross premium income of JPY4,879.6 billion (approximately $41,770 million) in 2007. This profile offers a comprehensive review of Nippon Life´s operations and performance.
Scope
Contains corporate strategy, value chain presence and SWOT Analysis
Provides detailed
business description, segment analysis, 5-year financial trends, key products and key competitors
Includes information on suppliers/ partners, shareholding structure and key employees with biographies
Highlights
Nippon Life is a Japanese private company engaged in the life insurance business, including individual and group life and annuity products. Nippon Life has a network of approximately 49,000 sales representatives at 110 nationwide branches and 1,656 offices that serves 50 million households and 100,000 offices.
For the fiscal year ended March 2007, the company recorded revenues of JPY 6,623,008 million (approximately $56,170 million), a decrease of 4.4% compared with the fiscal year 2006. The operating profit of the company was JPY344,586 million (approximately $2,922.4 million) in the fiscal year 2007, a decrease of 19.8% compared with 2006.
On a non-consolidated basis, Nippon Life´s solvency margin ratio rose from 975.2% in the fiscal year 2005 to 1,324.9% in the fiscal year 2007. This indicates that the company has the leeway to pay benefits in the event of an unforeseeable risk, such as a major catastrophe or stock market collapse.
Reasons to Purchase
Access all the important information and analysis on the company in a single report
Understand company´s strengths, weaknesses, opportunities and threats along with business strategy and value chain
Gain access to company´s adjusted five year financial data along with key ratios and market capitalization
www.companiesandmarkets.com/Summary-Company-Profile/Nippon-Life- ..
