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Asahi Tokai Bldg., 2-6-1, Ohte-machi, Chiyoda-ku Tokyo 100-8103, Japan Tel. +81-3-6225-3111 Fax +81-3-6225-3110 |
Type: Private - Mutual Company
On the web:
http://www.asahi-life.co.jp
One of Japan's oldest and largest life insurance firms, Asahi Mutual Life Insurance sells primarily life and health policies to individuals and groups. Its specialized products include policies that pay victims of cancer, stroke, and heart attack. Increased competition from industry deregulation, the plunging stock market, and cancellation of policies forced Asahi to cut about a third of its workforce at one point. In an effort to increase sales, the company started selling nonlife insurance products through Tokio Marine Holdings (formerly Millea Holdings). A focus on third sector products, including health insurance, has helped stabilize the company's outlook.
Officers:
Chairman: Yuzuru Fujita
President,CEO, and Director: Yoshiki Sato
Executive Officer (Finance Division and Real Estate): Yoshihisa Inoue
Competitors:
Meiji Yasuda Life
Nippon Life Insurance
Sumitomo Life




