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World's Top 10 Insurance Companies[9/10]

Japan Post Holding Co-World's Top Insurance Companies

Japan Post Holding Co., Ltd.

The Japan Post Holding Co., Ltd. is a major state-owned conglomerate in Japan. The company has four primary divisions: Japan Post Service (for mail delivery), Japan Post Network (runs the post offices), Japan Post Bank (deals with banking functions), and Japan Post Insurance (provides life insurance). Japan Post Insurance operates within Japan Post Holding to provide insurance to its clients. The insurance arm makes use of the post offices nationwide network, in addition to its own sales offices, to reach out and provide services to the clients.

Japan Post Holding has a strong balance sheet with a profit of $4.891 billion and 2013 revenues of nearly $204 billion. The group, which runs the largest insurer in Japan (Japan Post Insurance), has a goal to go public in the US sometime in 2015.

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