All Brands Owned by Dai-ichi Life Holdings, Inc.

Who owns Dai-ichi Life Holdings?
Dai-ichi Life Holdings, Inc. is a publicly traded company listed on the Tokyo Stock Exchange under ticker 8750. The company demutualized in April 2010, converting from a mutual company owned by policyholders to a joint stock corporation owned by shareholders. Shares are widely held by institutional and retail investors, with no single shareholder exercising controlling influence. The company has a single class of common stock with no dual-class share structure.

What is the Protective Life acquisition?
In 2014, Dai-ichi Life announced an agreement to acquire Protective Life Corporation, a US life insurance company listed on the NYSE, for $70 per share in cash. The total transaction value was approximately $5.7 billion, representing a 34 percent premium over Protective's unaffected stock price. The acquisition closed on February 1, 2015, and Protective became a wholly owned subsidiary. Protective Life, founded in 1907 and headquartered in Birmingham, Alabama, continues to operate with significant autonomy as Dai-ichi's US growth platform.

How large is Dai-ichi Life Holdings?
Dai-ichi Life Holdings reported total assets of ¥74.16 trillion as of March 31, 2026, up 6.9 percent from the prior year. For the fiscal year ended March 2026, ordinary revenues were ¥11.31 trillion and net income was ¥436.6 billion. The group employs approximately 60,000 people across 93 consolidated subsidiaries. The domestic insurance business employs 48,706 people, while the overseas insurance business employs 9,867 people.

When did Dai-ichi Life go public?
Dai-ichi Life demutualized and listed on the Tokyo Stock Exchange First Section on April 1, 2010. The IPO raised approximately ¥1.01 trillion ($11 billion), making it the world's largest IPO of 2010. Before the demutualization, the company had operated as a mutual life insurance company owned by its policyholders since its founding in 1902. The conversion to a stock company was approved by the 108th general meeting of representative policyholders in 2009.

What countries does Dai-ichi Life operate in?
Dai-ichi Life operates in Japan, the United States (through Protective Life), Australia (through TAL Dai-ichi Life), Vietnam, Cambodia, Myanmar, India (through Star Union Dai-ichi Life, a joint venture), and New Zealand (through Partners Group Holdings). The company previously held a stake in Ocean Life Insurance in Thailand but divested it in 2025. The group's international expansion strategy began in 2007 with the acquisition of Bao Minh CMG in Vietnam.

What is Dai-ichi Life's revenue model?
Dai-ichi Life generates revenue through three streams. Premium and other insurance income totaled ¥6.94 trillion in FY2025, representing the largest share. Investment income reached ¥3.74 trillion, driven by returns on the group's ¥55.58 trillion securities portfolio. Other ordinary revenues were ¥628.8 billion, including fees from asset management and other financial services. The group's fiscal year runs from April 1 to March 31.