Strengths of the Dai-ichi Life Group

Strengths of the Dai-ichi Life Group
that Drive Sustainable Value Creation

Strength 3: Sound Financial Position Strength 2: Firm Business Foundation Strength 1: Diverse Talent

Strength 1Diverse Talent

Human Capital

Our “customer first” philosophy and “spirit of innovation” are passed on to 70,000 employees with diverse talents

Group Employees by Region in 2007-Group Employees by Region in 2017 Overseas employees increase by 10,000 in six countries

Overseas employees by subsidiaries

“High Expertise” and “Extensive Experience”

MDRT* Members: Japan 180 persons, Overseas 106 persons

Deep knowledge and experience in the field of life insurance and financial services

*Founded in 1927, Million Dollar Round Table (MDRT), The Premier Association of Financial Professionals(r), is a global, independent association of more than 62,000 of the world's leading life insurance and financial services professionals from more than 500 companies in 69 nations and territories. MDRT members demonstrate exceptional professional knowledge, strict ethical conduct and outstanding client service. MDRT membership is recognized internationally as the standard of excellence in the life insurance and financial services business. For more information, please visit mdrt.org.

Securities Analysts: 554 persons

Knowledge and experience
in asset management

Protective Acquisition Business: 55 deals in the past

Knowledge and experience
in concluding M&A deals

Strength 2Firm Business Foundation

Social and Relationship Capital

Developed into a well-known brand through a history of over a century

The Dai-ichi Life Insurance Company, Limited 1902–, Protective Life Corporation 1907–, TAL Dai-ichi Life Australia Pty Ltd 1869–

Various relationships with customers around the world

Strong Customer Base: Japan No. of Policies in-force Approx. 14.8 million / Corporate Customers Approx. 150 thousand companies, U.S.A. No. of Policies in-force Approx. 8.3 million, Vietnam No. of Policies in-force Approx. 500 thousand, Australia No. of Customers Almost 4 million One of the Largest Sales Representative Forces in Japan: No. of sales representatives 44,611 persons

Diverse Sales Channels: Total Life Plan Designers, Wholesale, Independent Agents, Independent Advisors, Individual Insurance Agents, Securities Companies/Banks, Independent Insurance Agents, Direct Sales

Various Business Partnerships

Intellectual Capital

Sizable amount of medical big data

Approx. 1 billion data records (anonymous data)

Strength 3Sound Financial Position

Financial Capital

A sound financial position sufficient to accept risks of our customers

Consolidated Adjusted Net Assets: 9,940.0 billion yen, Consolidated Solvency Margin Ratio: 749.2%, Group European Embedded Value (EEV): 5,495.4 billion yen, Standard & Poor's (S&P):A+ Insurer Financial Strength Rating *Rating of Dai-ichi Life as of the end of July 2017., S&P's Evaluation of Our Enterprise Risk Management Framework: Adequate with Strong Risk Controls *As of the end of July 2017., Economic Solvency Ratio: 151%

What is the Economic Solvency Ratio?

The Dai-ichi Life Group calculates the economic solvency ratio (ESR) and utilizes it in enterprise risk management. ESR reflects the market value of assets and liabilities by taking into account factors such as recent interest rates and is an indicator of capital adequacy against certain levels of stress. It is expected that the international capital standards for insurers, currently under consideration, will be based on economic value.