DAI-ICHI LIFE, also known as First Life Insurance Co., Ltd., is one of the most powerful life insurance companies in Japan. Since its establishment, the company has always adhered to the business philosophy of "customer first". The English name is The Dai ichi Life Insurance Company, Limited. First Life Insurance Co., Ltd. is a highly influential and powerful life insurance company in Japan. Here is a detailed introduction about the company: Company History: First Life Insurance Co., Ltd. was founded on September 15, 1902, by Yoko Tsunata, and was the first mutual insurance company in Japan. Since its establishment, the company has always adhered to the business philosophy of "customer first". Company size and stock price: As of the end of March 2011, First Life Insurance Co., Ltd. had the largest number of shareholders on the Tokyo Stock Exchange, with approximately 1.37 million people. Its major shareholders mainly include Japan Post and Nippon Life Insurance Co. Company Strategy: "Career Design Strategy" is an important strategy of First Life Insurance Co., Ltd. This strategy provides customers with a lifelong insurance design aimed at establishing a long-term trust relationship with them. In 2001, this strategy was recognized and won the "Japan Business Quality Award" for the first time as a financial institution. Company restructuring and listing: On April 1, 2010, First Life Insurance Co., Ltd. was the first among large life insurance companies to be restructured from a mutual company into a joint-stock company and listed on the Tokyo Stock Exchange. Overall, First Life Insurance Co., Ltd. is a long established and strong insurance company with an important position and influence in the insurance industry in Japan and even globally.
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The development history of Meiji Yasuda Life Insurance Company can be traced back to 1881 and 1880, when Meiji Life Insurance Company and Yasuda Life Insurance Company were respectively established in Japan. In April 2004, these two companies officially announced their merger, forming the current Meiji Yasuda Life. This company has a significant position in the Japanese life insurance industry, with total assets of 26.85 trillion yen after the merger, ranking third in the Japanese life insurance industry. In addition to life insurance business, the company also provides non life insurance, reinsurance, asset management, and risk management services. Meiji Yasuda Life has a complete business sales and customer service system, which can provide customers with comprehensive pre-sales and after-sales services. In the domestic market, the company has a large number of marketing branches, business offices, and group insurance departments to provide services to customers. In addition, Meiji Yasuda Life ranks 16th among insurance companies, with total assets of $158.7 billion, gross premium income of $35.2 billion in 1999, and 39000 employees. In terms of international business, Meiji Yasuda Life also carries out insurance and other related businesses in the United States, United Kingdom, France, Germany, Singapore, Hong Kong and other places, and has more than 20 subsidiaries and representative offices in the above-mentioned countries and regions. In addition, Meiji Yasuda Life has a cooperative relationship with Dresdner Bank and its parent company, Allianz Insurance. Prior to the merger, Meiji Life and Yasuda Life were respectively affiliated with Mitsubishi Group and Mizuho Financial Group. Overall, Meiji Yasuda Life Insurance is a strong life insurance company in Japan with a long history and rich business experience. Meiji Yasuda Life Insurance must remain loyal to one mission, which is to provide lifelong support to every customer, ensuring their health and peace of mind. Our commitment to achieving this mission is reflected in our management philosophy of 'always at ease' To reflect these wishes, our corporate emblem and logo are designed in green and yellow. Green represents our hope to grow hand in hand with customers like fresh green leaves, while yellow symbolizes the warmth of sunshine shining on their lives. These two colors are full of significance in contributing to the realization of a sustainable and hopeful society. In addition, the shape of the company emblem is a soft curve that reminds people of a heart and also implies a cradle gently holding a baby. The elongated rectangle of the company logo aims to convey our desire to maintain long-term relationships with our customers.
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Sumitomo Life Insurance, led by the health enhancing insurance "Sumitomo Life", provides rich product introductions and guides for various procedures and services for contractors. Since its establishment in 1907, Sumitomo Life Insurance has been providing support to numerous customers and their families through its life insurance business. The arrival of a super aging society, where a lifespan of 100 years is completely within the possible range, has stimulated the diversification of customers' demand for life insurance. In order to meet these diverse needs, in addition to providing insurance for death protection, medical and nursing insurance, and products to ensure financial security for the elderly, we also launched SUMITOMO LIFE Vitality Shared Value insurance in 2018. This product not only provides risk protection, but also supports customers in enhancing their health to reduce risks. In addition, from the perspective of providing the best insurance that accurately meets the needs of each customer, we emphasize the provision of consulting and services that reflect unique human values while fully utilizing digital technology. In addition to these measures, we have also taken measures to further strengthen our financial foundation in order to more firmly support our customers, starting with banking and insurance, addressing diversified sales channels, and strengthening our revenue base through new growth strategies such as expanding our business to overseas markets and promoting new businesses. The Sustainable Development Goals set by the United Nations in 2015 are sparking increasing interest in achieving a sustainable society. We adhere to the management policy of "contributing to the promotion of social and public welfare", and believe that we will be able to contribute to the achievement of sustainable development goals by promoting initiatives that align with the concept of creating shared value (CSV). This is a corporate management concept that refers to addressing social issues through initiatives in the main business of a company to achieve "solving social problems" and "enhancing corporate value". Based on this approach, we will offer attractive products such as SUMITOMO LIFE Vitality Shared Value Insurance to support our customers throughout their lives, and strive to further enrich our products and services to become a business that can contribute to the well-being of customers and society.
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Reading: 8 2019-03-27