Historical events timeline.
Tsuneta Yano establishes Dai-ichi Mutual Life Insurance Company in Tokyo as Japan's first mutual life insurer, with initial capital of ¥1 million. #finance #history
Dai-ichi Life starts insurance operations, offering endowment and term policies to individuals. #insurance #history
Dai-ichi Life introduces a system distributing surplus profits to policyholders, enhancing mutual benefits. #innovation #insurance
Dai-ichi Life launches endowment insurance products, combining savings and protection, which become popular in Japan. #insurance #product
Dai-ichi Life begins offering group life insurance to corporate employees, expanding its market reach. #insurance #corporate
Dai-ichi Life's total assets exceed ¥1 billion, reflecting robust growth in premium income. #finance #growth
Tokyo headquarters damaged during WWII firebombing, but company continues operations from temporary offices. #history #resilience
Dai-ichi Life resumes full operations and becomes a founding member of the Life Insurance Association of Japan. #insurance #postwar
Dai-ichi Life launches one of Japan's first cancer insurance policies, diversifying risk products. #innovation #health
Dai-ichi Life sets up a wholly-owned investment management company to handle growing assets. #finance #subsidiary
Dai-ichi Life opens a representative office in New York, its first step into international markets. #global #expansion
A second overseas office opens in London to support European investments. #global #europe
Subsidiary founded in London to offer insurance and investment products in Europe. #subsidiary #insurance
Dai-ichi Life enters the trust banking business through a subsidiary, managing pension and asset management. #finance #trust
Opens representative office in Beijing, laying groundwork for China expansion. #asia #expansion
Dai-ichi Life forms a 50/50 joint venture with CITIC Group to create CITIC-Dai-ichi Life Insurance (now Dai-ichi Life China). #china #jointventure
Dai-ichi Life agrees to acquire the business of bankrupt Toho Mutual Life Insurance, transferring about ¥3 trillion in assets. #manda #acquisition
Completion of Toho Mutual Life's policy transfer, making Dai-ichi Life one of Japan's largest insurers. #integration #growth
Dai-ichi Life Financial Services begins selling variable annuities in the US through Protective Life (later). #usa #annuity
Dai-ichi Life Vietnam is established as a joint venture with BIDV, offering life insurance in Vietnam. #vietnam #expansion
Star Union Dai-ichi Life Insurance Company founded as a joint venture with Bank of India and Union Bank of India. #india #jointventure
Dai-ichi Life's board approves demutualization plan to convert from mutual to stock company. #corporate #restructuring
Dai-ichi Life enters Indonesia via a joint venture with Panin Financial (PT Panin Dai-ichi Life). #indonesia #expansion
Dai-ichi Life agrees to acquire Protective Life Corporation (US) for $5.7 billion, its largest overseas deal. #acquisition #usa
Acquisition of Protective Life closes, making Dai-ichi Life a top-25 US life insurer. #acquisition #usa
Dai-ichi Life Holdings, Inc. becomes the parent company of Dai-ichi Life Insurance and other subsidiaries. #corporate #restructuring
The listed entity changes its name from Dai-ichi Life Insurance to Dai-ichi Life Holdings, reflecting its new holding structure. #corporate #rebrand
Dai-ichi Life acquires a minority stake in an Australian life insurer, expanding into Oceania. #australia #investment
Through Protective Life, Dai-ichi Life enters the US Medigap (supplemental health insurance) market. #usa #health
Dai-ichi Life accelerates digital transformation, including contactless claims and online sales, amid the pandemic. #digital #covid19
Dai-ichi Life acquires a UK-based bulk purchase annuity provider, entering the UK pensions market. #uk #pensions
Dai-ichi Life Holdings is included in the Dow Jones Sustainability Asia Pacific Index for ESG performance. #esg #sustainability
Fiscal year 2022 net profit reaches ¥370 billion, a record high driven by US operations and investment gains. #finance #profit
Dai-ichi Life and Allianz announce a strategic partnership to develop asset management and insurance solutions. #partnership #assetmanagement
Dai-ichi Life reports stable growth and pursues additional acquisitions in Southeast Asia and the Americas. #growth #future