3. The LIAJ’s Organization Profile The LIAJ started as an incorporated association with formal sanction by the authorities concerned on December 7, 1908. Since then, the Association has continued to make efforts for the sound development of the life industry.

Objective To strive for the sound development of the life insurance industry and maintain its reliability. Activities 1. Activities to provide information and promote understanding on the life insurance business 2. Consultation services, complaint processing and dispute resolution operations regarding life insurance 3. Activities regarding systems and measures to ensure appropriate operation of the life insurance business 4. Activities regarding education and training for the staff of member companies 5. Research and study activities regarding the theory and practice of life insurance 6. Activities regarding making requests and proposals to relevant authorities, agencies and organizations 7. Activities to fulfill social responsibilities 8. Other activities considered necessary to achieve the goals of the LIAJ History 1898 The Forum of Japanese Life Insurers was founded. 1905 The Forum of Japanese Life Insurers was reorganized into the Association of Japanese Life Insurers. 1908 The Association of Japanese Life Insurers was authorized as an incorporated association. 1942 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. 1945 The Life Insurance Council of 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 (LIAJ). All the operations of the Life Insurance Network were transferred to the LIAJ. 2008 The LIAJ marked the 100th anniversary since its foundation. 2014 The LIAJ made a transition from an incorporated association to a general incorporated association. Membership All 41 life insurance companies operating in Japan (As of December 31, 2017) Board Members Representatives of member companies and full-time officers of the LIAJ (As of December 31, 2017) Offices 52 offices (the headquarters in and 51 local offices) (As of December 31, 2017) Number of Employees 268 employees (As of December 31, 2017) Funding Membership fees and revenues from business activities such as examination business (Budget for fiscal 2016: approx. 5.24 billion yen, of which 4.14 billion yen from membership fees and 1.05 billion yen from revenues from business activities)

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Organization Chart (As of December 31, 2017)

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Board Members (As of December 31, 2017)

Chairman Masahiro Hashimoto President and Chief Executive Officer, Insurance Co. Vice Chairmen Seiji Inagaki President and Representative Director, The Dai-ichi Life Insurance Company, Limited Yoshiteru Yoneyama President, Fukoku Mutual Life Insurance Co. Directors Yoshinobu Tsutsui President, Insurance Co. President & Chief Executive Officer, & Nichido Life Insurance Katsumi Nakazato Co., Ltd. Yasunori Kume Representative, CARDIF Assurance Vie Tomoo Hagimoto President and Representative Director, Sony Life Insurance Co., Ltd. Akira Nishino Representative Director and President, AEGON Sony Life Insurance Co., Ltd. Kaoru Takahashi President & CEO, Sompo Japan Nipponkoa Himawari Life Insurance, Inc. Kazunori Kataoka President, ORIX Life Insurance Corporation President & CEO, Representative Executive Officer, Life Insurance Hitoshi Morita Company Mitsuru Imoto Representative Director and President, MassMutual Life Insurance Company Shoichiro Ichitani President and Chief Executive Officer, The Prudential Life Insurance Co., Ltd. Norimitsu Shimada Executive Managing Director, NN Life Insurance Company, Ltd. Representative Director, President and COO, FWD Fuji Life Insurance Norio Tomono Company, Limited Director, Representative Executive Officer, Deputy President and Chief Tomohiko Komoto Distribution Officer, Life Insurance Co., Ltd. President of Aflac Japan, Representative in Japan of Aflac, American Family Masatoshi Koide Life Assurance Company of Columbus Hiroki Kimura President and Representative Director, Asahi Mutual Life Insurance Co. Akio Negishi President, Insurance Company Director, Representative Statutory Executive Officer and Chairman, MetLife Sachin N. Shah Insurance K.K. Hitoshige Tambo President, Sumitomo Aioi Life Insurance Co., Limited. Masahiro Hashimoto President and Chief Executive Officer, Sumitomo Life Insurance Co. Vice Chairmen Toyonari Sasaki The Life Insurance Association of Japan (Full-time) Kenichi Kobayashi The Life Insurance Association of Japan (Full-time) Director Kazushige Mori The Life Insurance Association of Japan (Full-time) Auditors Minoru Kudo Representative Director and President, Daido Life Insurance Co. Daisuke Iwase President & Representative Director, Lifenet Insurance Company Yuzo Hashiya President and Representative Director, Rakuten Life Insurance Co., Ltd. Kazuo Ohtake Attorney at Law

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Member Companies

(As of December 31, 2017)

AEGON Sony Life Insurance Co., Ltd. http://www.aegonsonylife.co.jp/ Aoyama Oval Building, 5-52-2 Jingumae, Shibuya-ku, Tokyo 150-0001 Life Insurance Japan Ltd. http://life.allianz.co.jp/ Anzen Building, 1-6-6 Motoakasaka, Minato-ku, Tokyo 107-0051 American Family Life Assurance Company of Columbus http://www.aflac.co.jp/ Mitsui Building, 2-1-1 Nishi-shinjuku, Shinjuku-ku, Tokyo 163-0456 Asahi Mutual Life Insurance Co. http://www.asahi-life.co.jp/ Asahi Seimei Otemachi Building, 2-6-1 Otemachi, Chiyoda-ku, Tokyo 100-8103 AXA Life Insurance Co., Ltd. http://www.axa.co.jp/ NBF Platinum Tower, 1-17-3 Shirokane, Minato-ku, Tokyo 108-8020 AXA Direct Life Insurance Company Limited http://www.axa-direct-life.co.jp/ 8th Floor, KDX Kojimachi Building, 3-3-4 Kojimachi, Chiyoda-ku, Tokyo 102-0083 CARDIF Assurance Vie http://www.cardif.co.jp/ 9th Floor, Shibuya Infoss Tower, 20-1 Sakuragaoka-cho, Shibuya-ku, Tokyo 150-0031 Crédit Agricole Life Insurance Company Japan Ltd. http://www.ca-life.jp/ 15th Floor, Shiodome Sumitomo Building, 1-9-2 Higashi-Shimbashi, Minato-ku, Tokyo 105-0021 Daido Life Insurance Co. http://www.daido-life.co.jp/ 1-2-1 Edobori, Nishi-ku, Osaka-shi 550-0002 Fukoku Mutual Life Insurance Co. http://www.fukoku-life.co.jp/ 2-2-2 Uchisaiwaicho, Chiyoda-ku, Tokyo 100-0011 Fukokushinrai Life Insurance Co., Ltd. http://www.fukokushinrai.co.jp/ 8-17-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo 160-6132 FWD Fuji Life Insurance Company, Limited http://www.fwdfujilife.co.jp/ Kamiyacho MT Building, 4-3-20 Toranomon, Minato-ku, Tokyo 105-8633 Japan Post Insurance Co., Ltd. http://www.jp-life.japanpost.jp/ 1-3-2 , Chiyoda-ku, Tokyo 100-8798 Lifenet Insurance Company http://www.lifenet-seimei.co.jp/ Kojimachi NK Building, 2-14-2, Chiyoda-ku, Tokyo 102-0083 Manulife Life Insurance Company http://www.manulife.co.jp/ 3-20-2 Nishi-shinjuku, Shinjuku-ku, Tokyo 163-1430 MassMutual Life Insurance Company http://www.massmutual.co.jp/ 2-1-1 Osaki, Shinagawa-ku, Tokyo 141-6023 Medicare Life Insurance Co., Ltd. http://www.medicarelife.com/ 5th Floor, Sumitomo-seimei Kiyosumi Park Building, 1-11-12 Fukagawa, Koto-ku, Tokyo 135-0033 Meiji Yasuda Life Insurance Company http://www.meijiyasuda.co.jp/ 2-1-1 , Chiyoda-ku, Tokyo 100-0005 MetLife Insurance K.K. http://www.metlife.co.jp/ 4-1-3 Taihei , Sumida-ku, Tokyo 130-0012 Midori Life Insurance Company http://www.midori-life.com/ 6-3-43 Ohji, Kita-ku, Tokyo 114-8595 Mitsui Life Insurance Company Limited http://www.mitsui-seimei.co.jp/ 1-1-20 Aomi, Koto-ku, Tokyo 135-8222

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Mitsui Sumitomo Aioi Life Insurance Co., Limited. http://www.msa-life.co.jp/ 2-27-2, Shinkawa, Chuo-ku, Tokyo 104-8258 Mitsui Sumitomo Primary Life Insurance Company, Limited http://www.ms-primary.com/ 16th Floor, Yaesu First Financial Building, 1-3-7 Yaesu, Chuo-ku, Tokyo 103-0028 Nippon Life Insurance Co. http://www.nissay.co.jp/ 3-5-12 Imabashi, Chuo-ku, Osaka-shi 541-8501 NN Life Insurance Company, Ltd. https://www.nnlife.co.jp/ 26th Floor, New Ohtani Garden Court, 4-1 Kioicho, Chiyoda-ku, Tokyo 102-0094 ORIX Life Insurance Corporation http://www.orixlife.co.jp/ Akasaka Star Gate Plaza, 2-3-5 Akasaka, Minato-ku, Tokyo 107-0052 Rakuten Life Insurance Co., Ltd. http://www.rakuten-life.co.jp/ Rakuten Crimson House, 1-14-1 Tamagawa, Setagaya-ku, Tokyo 185-0094 SBI Life Insurance Co., Ltd. http://www.sbilife.co.jp/ Shinjuku NS Building, 2-4-1 Nishi-shinjuku, Shinjuku-ku, Tokyo 163-0822 Sompo Japan Nipponkoa Himawari Life Insurance, Inc. http://www.himawari-life.co.jp/ Shinjuku Central Park Building, 6-13-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo 163-8626 Sony Life Insurance Co., Ltd. http://www.sonylife.co.jp/ Otemachi Financial City Grand Cube, 1-9-2 Otemachi, Chiyoda-ku, Tokyo 100-8179 Sumitomo Life Insurance Co. http://www.sumitomolife.co.jp/ 1-4-35 Shiromi, Chuo-ku, Osaka-shi 540-8512 THE The Dai-ichi Life Insurance Company, Limited http://www.dai-ichi-life.co.jp/ 1-13-1 Yurakucho, Chiyoda-ku, Tokyo 100-8411 The Dai-ichi Frontier Life Insurance Co. Ltd. http://www.d-frontier-life.co.jp/ 17th Floor, Osaki Wiz Tower, 2-11-1 Osaki, Shinagawa-ku, Tokyo 141-0032 The Gibraltar Life Insurance Co., Ltd. http://www.gib-life.co.jp/ , 2-13-10 Nagata-cho, Chiyoda-ku, Tokyo 100-8953 The Neo First Life Insurance Company, Limited http://neofirst.co.jp/ Osaki Wiz Tower, 2-11-1 Osaki, Shinagawa-ku, Tokyo 141-0032 The Prudential Life Insurance Co., Ltd. http://www.prudential.co.jp/ Prudential Tower, 2-13-10 Nagata-cho, Chiyoda-ku, Tokyo 100-0014 The Prudential Gibraltar Financial Life Insurance Co., Ltd. http://www.pgf-life.co.jp/ Prudential Tower, 2-13-10 Nagata-cho, Chiyoda-ku, Tokyo 100-0014 Taiyo Life Insurance Company http://www.taiyo-seimei.co.jp/ 2-7-1 Nihombashi, Chuo-ku, Tokyo 105-0022 Tokio Marine & Nichido Life Insurance Co., Ltd. http://www.tmn-anshin.co.jp/ Building Shinkan, 1-2-1 Marunouchi, Chiyoda-ku, Tokyo 100-0005 T & D Financial Life Insurance Company http://www.tdf-life.co.jp/ 1-1-1 Shibaura, Minato-ku, Tokyo 105-0023 Zurich Life Insurance Company Ltd. http://www.zurichlife.co.jp/ 16th Floor, Nakano Central Park South, 4-10-2 Nakano, Nakano-ku, Tokyo 164-0001

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The Life Insurance Association of Japan

3rd floor, Shin-Kokusai Building, 4-1 Marunouchi 3-Chome, Chiyoda-ku, Tokyo 100-0005 Japan Telephone: +81-3-3286-2652 Facsimile: +81-3-3201-6713 http://www.seiho.or.jp/

Published in March 2018