The Japan Post Insurance Company, Ltd. (株式会社かんぽ生命保険), is a Japanese life insurer that was established on October 1, 2007, with the privatization of Japan Post Life Insurance (簡易保険). It is owned by the Japan Post Holdings. As of 2011, it was the world's fourth largest insurance company as regards net premiums written behind three European insurers and the largest as regards non-banking assets.[2]
On November 4, 2015, Japan Post Insurance (tyo: 7181) was listed on the Tokyo Stock Exchange as part of a "triple IPO" (initial public offering) with shares offered as well in Japan Post Holdings (tyo: 6178) and in Japan Post Bank (tyo: 7182).[3] About 10% of the shares in each company was offered.[3]
History
On September 1, 2006, the company started as the "preparation company (準備会社)".