Yamato Life
The  () was a life-insurance company in Japan. Yamato's headquarters were in Uchisaiwaichō, Chiyoda, Tokyo. It was founded on September 20, 1889, and was capitalized at ¥12,086,963,000. In 1911, it entered the market for conscription insurance (under the name Nippon Chōhei Hoken), but after Japan's defeat in World War II and the elimination of military conscription, it changed its focus to life insurance and changed its name to Yamato Life in 1945. It has policies valued at ¥34,500,000,000. The company filed for bankruptcy on October 10, 2008 after the global financial crisis significantly devalued its assets  particularly mortgages in Nevada. Its assets would later be acquired by the American-based insurance company Prudential Financial. References

External links

Yamato Life site  (Archived)

Financial services companies established in 1889
Insurance companies based in Tokyo
Companies that have filed for bankruptcy in Japan