Yamato Life Insurance Company

Yamato Life Insurance Company

The Nihongo|Yamato Life Insurance Company|大和生命保険|Yamato Seimei Hoken Kabushiki-gaisha (TYO|0018 is a life-insurance company in Japan. Yamato's headquarters are in Uchisaiwaichō, Chiyoda, Tokyo. It was founded on September 20, 1889, and is capitalized at 12,086,963,000 Japanese yen. It has policies valued at 34,500,000,000 yen.

The company filed for bankruptcy on October 10 2008 after the global financial crisis significantly devalued its assets [cite web|url=http://www.bloomberg.com/apps/news?pid=20601101&sid=a3ai_Qgp6uNI&refer=japan|title=Yamato Life Files for Bankruptcy, Citing Investments (Update3)|publisher=Bloomberg|author=Ito, K and Yamazaki, T|date=2008|accessdate=2008-10-11] [ja icon [http://www.yamato-life.co.jp/company/news/pdf/yamato_bn_pdf/2008/pr1010_2.pdf Yamato Life] (PDF) Retrieved October 10, 2008] particularly mortgages in Nevada.

References

External links

* [http://www.yamato-life.co.jp/ Yamato Life] site


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