5. The Life Insurance Association of Japan (LIAJ)

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1 5. The Life Insurance Association of Japan () The Life Insurance Association of Japan () started as an incorporated association with formal sanction by the authorities concerned on 7 December Since then, the Association has continued to make efforts for the sound development of the life insurance industry. a) Objective To strive for the sound development of the life insurance industry and maintain its reliability b) Functions (a) Research and study of theories and practices relating to life insurance (b) Public relations relating to life insurance (c) Statement on life insurance (d) Other functions considered necessary to attain the purpose of the Association c) History 1898 The Forum of Japanese Life Insurers was founded The Forum of Japanese Life Insurers was reorganized into the Association of Japanese Life Insurers The Association of Japanese Life Insurers was authorized as an incorporated association The Life Insurance Control Association was founded. The Association of Japanese Life Insurers was renamed the Life Insurance Network, and most of its operations were transferred to the Life Insurance Control Association The Life Insurance Council of Japan was founded to take over the operations of the Control Association after it was dissolved. The Life Insurance Network was renamed The Life Insurance Association of Japan (). All the operations of the Life Insurance Network were transferred to the The marked the 100th anniversary since its foundation The made a transition from an incorporated association to a general incorporated association. d) Membership All 42 life insurance companies operating in Japan (As of December 1, 2014) e) Board Members Representatives of member companies and full-time officers of the (See page 37 for the list of Board Members.) f) Offices 54 offices (the headquarters in Tokyo and 53 local offices) g) Number of Employees 257 employees (As of December 1, 2014) h) Funding Membership fees and revenues from business activities such as examination business (Budget for fiscal 2013: approx billion yen, of which 3.80 billion yen from membership fees and 1.22 billion yen from revenues from business activities) 38

2 Organization Chart (As of December 1, 2014) 5. The Life Insurance Association of Japan () The Life Insurance Association of Japan () General Meeting Auditors Board of Directors Committees Local Committees Association Office General Affairs Dept. Public Relations Dept. Administration & Education Dept. Planning Dept. Life Insurance Consultation Center Arbitration Advisory Committee Arbitration Council Research Dept. Joint System Office Life Insurance Consultation Office International Dept. Housing Loan Credit Life Insurance Management Office Local Offices (53 Districts) Business in Japan 2013/

3 5. The Life Insurance Association of Japan () Board Members (As of December 1, 2014) Chairman Koichiro Watanabe Vice Chairmen Yoshinobu Tsutsui Yoshiteru Yoneyama Katsuhide Tanaka Directors Shinichi Hirose Katsumi Ihara Atsushi Kumanomido Mitsuo Yoneda Kazunori Kataoka Hitoshi Morita Mitsuru Imoto Shoichiro Ichitani Norimitsu Shimada Tomohiko Komoto Tohru Tonoike Yoshiki Sato Akio Negishi Sachin N. Shah Shinya Arisue Hitoshi Ichihara Masahiro Hashimoto Vice Chairmen Shizuharu Kubono Ichiro Wakasa Director Hiroaki Tanase Auditors Yasunori Kume Norio Tomono Noboru Tsuda Kazuo Ohtake President, THE DAI-ICHI LIFE INSURANCE COMPANY, LIMITED President, Nippon Life Insurance Co. President, Fukoku Mutual Life Insurance Co. Representative Director and President, Taiyo Life Insurance Company President, Tokio Marine & Nichido Life Insurance Co., Ltd. President and Representative Director, Sony Life Insurance Co., Ltd. President & CEO, Sompo Japan Nipponkoa Himawari Life Insurance, Inc. President, Rakuten Life Insurance Co., Ltd. President, ORIX Life Insurance Corporation Representative Executive Officer, Manulife Life Insurance Company Representative Director and President, MassMutual Life Insurance Company President and Chief Executive Officer, The Prudential Life Insurance Co., Ltd. Executive Vice President, ING Life Insurance Company, Ltd. Director, Representative Executive Officer, Deputy President and Chief Distribution Officer, AXA Life Insurance Co., Ltd. President of Aflac Japan, American Family Life Assurance Company of Columbus President, Asahi Mutual Life Insurance Co. President, Meiji Yasuda Life Insurance Company Representative Statutory Executive Officer, Chairman, President and CEO, MetLife Insurance K.K. President, Mitsui Life Insurance Company Limited President, Mitsui Sumitomo Aioi Life Insurance Co., Limited. President and Chief Executive Officer, Sumitomo Life Insurance Co. Representative, CARDIF Assurance Vie Representative Director, President and COO, AIG Fuji Life Insurance Company, Limited Representative Director and President, Allianz Life Insurance Japan Ltd. Attorney at Law 40

4 Member Companies 5. The Life Insurance Association of Japan () (As of December 1, 2014, in alphabetical order) AEGON Sony Life Insurance Co., Ltd. Aoyama Oval Building, Jingumae, Shibuya-ku, Tokyo AIG Fuji Life Insurance Company, Limited Kamiyacho MT building, Toranomon, Minato-ku, Tokyo Allianz Life Insurance Japan Ltd. Anzen Building, 6-6 Motoakasaka 1-Chome, Minato-ku, Tokyo American Family Life Assurance Company of Columbus Nishishinjuku 2-Chome, Shinjuku-ku, Tokyo Asahi Mutual Life Insurance Co Ote-machi 2-Chome, Chiyoda-ku, Tokyo AXA Life Insurance Co., Ltd. NBF Platinum Tower, Shirokane, Minato-ku, Tokyo AXA Direct Life Insurance Company Limited KDX Kojimachi Building 8F, Kojimachi, Chiyoda-ku, Tokyo CARDIF Assurance Vie 9F Infoss Tower, 20-1 Sakuragaoka-cho, Shibuya-ku, Tokyo Crédit Agricole Life Insurance Company Japan Ltd. Shiodome Sumitomo Building 15F, Higashi-Shimbashi, Minato-ku, Tokyo Daido Life Insurance Co Edobori 1-Chome, Nishi-ku, Osaka-shi Fukoku Mutual Life Insurance Co Uchisaiwaicho 2-Chome, Chiyoda-ku, Tokyo Fukokushinrai Life Insurance Co., Ltd Nishi-Shinjuku, Shinjuku-ku, Tokyo Hartford Life Insurance K.K. Shiodome Building 15 th Floor, Kaigan, Minato-ku, Tokyo ING Life Insurance Company, Ltd. 26F New Ohtani Garden Court 4-1 Kioicho, Chiyoda-ku, Tokyo JAPAN POST INSURANCE Co., Ltd Kasumigaseki 1-Chome, Chiyoda-ku, Tokyo LIFENET INSURANCE COMPANY Kojimachi NK Building 5F, 14-2 Kojimachi 2-Chome, Chiyoda-ku, Tokyo Manulife Life Insurance Company Kokuryo-cho 4-Chome, Chofu-shi, Tokyo MassMutual Life Insurance Company Osaki, Shinagawa-ku, Tokyo Medicare Life Insurance Co., Ltd. Sumitomo-seimei Kiyosumi Park Bldg. 5F, Fukagawa, Koto-ku, Tokyo Meiji Yasuda Life Insurance Company Marunouchi 2-Chome, Chiyoda-ku, Tokyo MetLife Insurance K.K Taihei, Sumida-ku, Tokyo

5 5. The Life Insurance Association of Japan () Midori Life Insurance Company Ohji, Kita-ku, Tokyo Mitsui Life Insurance Company Limited Aomi, Koto-ku, Tokyo Mitsui Sumitomo Aioi Life Insurance Co., Limited , Shinkawa, Chuo-ku, Tokyo Mitsui Sumitomo Primary Life Insurance Company, Limited 16F Yaesu First Financial Bldg., Yaesu, Chuo-ku, Tokyo Nippon Life Insurance Co Imabashi 3-Chome, Chuo-ku, Osaka-shi ORIX Life Insurance Corporation Akasaka Star Gate Plaza, Akasaka, Minato-ku, Tokyo PCA LIFE Insurance Co., Ltd. ATT New Tower, Akasaka, Minato-ku, Tokyo Rakuten Life Insurance Co., Ltd. Tradepia Odaiba 20F, Daiba, Minato-ku, Tokyo Sompo Japan Nipponkoa Himawari Life Insurance, Inc. Shinjuku Central Park Bldg., 13-1 Nishi-Shinjuku 6-chome, Shinjuku-ku, Tokyo Sony Life Insurance Co., Ltd Minamiaoyama 1-Chome, Minato-ku, Tokyo Sumitomo Life Insurance Co Shiromi 1-Chome, Chuo-ku, Osaka-shi THE DAI-ICHI LIFE INSURANCE COMPANY, LIMITED Yurakucho 1-Chome, Chiyoda-ku, Tokyo The Dai-ichi Frontier Life Insurance Co. Ltd. Harumi Triton Square X-Tower 15F, 8-10 Harumi 1-Chome, Chuo-ku, Tokyo The Gibraltar Life Insurance Co., Ltd. Prudential Tower, Nagata-cho, Chiyoda-ku, Tokyo The Neo First Life Insurance Company, Limited Osaki Wiz Tower, 11-1 Osaki 2-Chome, Shinagawa-ku, Tokyo The Prudential Life Insurance Co., Ltd. Prudential Tower, Nagata-cho, Chiyoda-ku, Tokyo The Prudential Gibraltar Financial Life Insurance Co., Ltd. Prudential Tower, Nagata-cho, Chiyoda-ku, Tokyo Taiyo Life Insurance Company Kaigan, Minato-ku, Tokyo Tokio Marine & Nichido Life Insurance Co., Ltd. Tokio Marine Nichido Building Shinkan, Marunouchi, Chiyoda-ku, Tokyo T & D FINANCIAL LIFE INSURANCE COMPANY Kaigan, Minato-ku, Tokyo Zurich Life Insurance Company Ltd. Nakano Central Park South 16F, Nakano, Nakano-ku, Tokyo

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