Asahi Mutual Life Insurance Company · Tokyo Japan
Company Description
Phone: +81-3-6225-3111
Fax: +81-3-6225-3110
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This link will open in a new window One of Japan's oldest and largest life insurance firms, Asahi Mutual Life Insurance sells primarily life and health policies to individuals and groups. Its specialized policies include ones that pay victims of cancer, stroke, and heart attack. Increased competition from industry deregulation, the plunging stock market, and cancellation of policies forced Asahi to cut about a third of its workforce at one point. In an effort to increase sales, the company started selling nonlife insurance products through Tokio Marine Holdings (formerly Millea Holdings). A focus on third sector products, including health insurance, has helped stabilize the company's outlook. To read the full description, subscribe now.
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Key Asahi Mutual Life Insurance Company Financials
| Company Type | Private - Mutual Company Branch |
| Fiscal Year-End | March |
Asahi Mutual Life Insurance Company Executives
21 executives listed for Asahi Mutual Life Insurance Company's Tokyo, location.
| Title | Name & Bio | Contact |
| Chairman | Yuzuru Fujita | Network |
| President,CEO, and Director | Yoshiki Sato | Network |
| Executive Officer (Finance Division and Real Estate) | Yoshihisa Inoue | Network |
Competition
Competitive Landscape for Asahi Mutual Life Insurance Company
Demand for health insurance products is driven by the rising costs of medical care. The profitability of individual companies depends on efficient operations and the ability to negotiate favorable contracts with healthcare providers. Large companies and organizations have advantages in negotiating contracts with healthcare providers. Small companies can compete successfully by providing special coverage plans as part of government programs such as Medicaid, or for specialized populations. The industry is highly automated and capital-intensive: annual revenue per employee is close to $1 million. Reforming the US healthcare industry continues to be a top agenda item in Washington, but a consensus on the best way to reduce healthcare spending has yet to be reached. The managed healthcare industry will most certainly be impacted by any changes initiated by federal legislators. To read the full description, subscribe now.Top Asahi Mutual Life Insurance Company Competitors
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