Nippon Life Insurance Co - Company Profile
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Nippon Life Insurance Co (Nippon) is a mutual insurance company engaged in the life insurance business, including individual and group life and annuity products. The company's product and service portfolio, solvency position, and market position are the major strengths whereas its limited geographic presence remains an area for concern. Expanding life insurance segment, increasing life expectancy, and growing economy in Japan are expected to provide growth opportunities for the company. However, intense competition, fluctuations in interest rates, and risks related to online identity theft and hacking could affect the company’s business performance in the future.
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