History
September 2006 | Established Kampo Co., Ltd. under the Postal Service Privatization Act |
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October 2007 | Changed trade name to Japan Post Insurance Co., Ltd. in line with commencement of life insurance business |
Started Postal Life Insurance management operations under commission from the Organization for Postal Savings, Postal Life Insurance and Post Office Network | |
December 2007 | Obtained approval for new operations (liberalization of investment products) |
June 2008 | Commenced commissioned sales of life insurance products for corporate clients |
July 2008 | Launched Sono hi kara, a new hospitalization rider |
July 2009 | Established branches in all prefectures through opening of the Nara Branch and Wakayama Branch |
October 2011 | JAPAN POST INSURANCE SYSTEM SOLUTIONS Co., Ltd. (current consolidated subsidiary) became a subsidiary |
April 2014 | Launched Hajime no Kampo, an educational endowment insurance |
July 2014 | Commenced handling commissioned sales of cancer insurance products for American Family Life Assurance Company of Columbus (Note 1) |
October 2015 | Launched Shin Free Plan (short-term premium payment), an endowment insurance |
November 2015 | Listed common stock on the First Section of the Tokyo Stock Exchange |
Commenced commissioned sales of life insurance products for corporate clients (general welfare group term insurance, etc.) | |
March 2016 | Obtained approval for new operations (underwriting of reinsurance and related services) |
Business alliance with The Dai-ichi Life Insurance Company, Limited (Note 2) | |
October 2017 | Launched Sono hi kara Plus, a new medical rider |
Launched Shin Nagaiki Kun Low Cash Value Plan, a new whole life insurance (low cash value) | |
Launched Choju no Shiawase, a longevity support insurance (low cash value) | |
December 2018 | Obtained approval for new operations (underwriting of ordinary whole life insurance, special whole life insurance, ordinary endowment insurance and comprehensive medical rider, with relaxed underwriting criteria; and underwriting of advanced medical rider) |
April 2019 | Launched Kampo ni Omakase, products with relaxed underwriting criteria; and an advanced medical care rider |
Secondary offering of common stock of the Company | |
April 2022 | Launched Motto sono hi kara Plus, a new medical care rider |
Moved from the First Section of the Tokyo Stock Exchange to the Prime Market | |
April 2023 | Revised Hajime no Kampo, an educational endowment insurance |
Notes:
- The Japan branch of the U.S. corporation was established as a Japanese corporation and the business conducted by the Japan branch was succeeded to the Japanese corporation. As a result, our contract partner as of March 31, 2024 is Aflac Life Insurance Japan Ltd.
- Due to an internal transfer of management within the group of our business partner, our business alliance is with Dai-ichi Life Holdings, Inc.as of March 31, 2024.
History of Postal Life Insurance
October 1916 | Foundation of Postal Life Insurance business by the Ministry of Communications |
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October 1926 | Foundation of postal annuity business by the Ministry of Communications |
June 1949 | Establishment of The Ministry of Posts and Telecommunications |
January 2001 | Creation of Postal Services Agency as part of realignment of government ministries |
April 2003 | Establishment of Japan Post |
As of March 31, 2024