FALIA Profile

Message from the President President
The Dai-ichi Mutual Life, at its 60th anniversary, started a training programme with the Tsuneta Yano Memorial Society for life insurance people of Asia in 1962. The Foundation for the Advancement of Life Insurance in Asia (FALIA for short) was established in 1970 to take over this programme from the Yano Memorial Society. Later, in 1994, the name of the organization was changed to "The Foundation for the Advancement of Life and Insurance Around the world" with its nickname FALIA unchanged. This change was made in our hope that FALIA would be able to cover the non-life insurance field and also to invite insurance people from other areas than Asia. In its early years, FALIA planned seminars to give participants opportunities to observe and learn about the insurance philosophy and practice in our country. Recently, we are impressed with the significant growth of insurance industry in Asia. At the same time, we feel that the role of FALIA seminars today is to give participants a chance to observe what we are doing and compare it with their own experience and to provide opportunities to discuss, among participants and with managers from the Japanese insurance industry, what we should do in the future, reviewing what we have been doing up to now.
Total number of past participants exceeded 3,000 in more than 45 years. We have noticed with great pleasure that a number of FALIA participants have been promoted to become directors and executive officers of major companies in their respective countries. It is our hope to be able to continue to improve our seminar programmes to meet various needs of the countries which FALIA participants represent. I wish to request your continued support and cooperation for our activities.

Kimio Yamaguchi
President


Three Major Activities

  1. Invitational Seminars in Japan
    FALIA sponsors invitational insurance seminars on a regular basis throughout the year. FALIA invites individuals from life insurance companies, insurance authorities and industry associations or institutes both inside and outside the Asian region to participate in seminars. The total number of participants in the seminars has reached 3,165 from 27 countries (March 2010).

  2. Overseas Seminars
    FALIA also sponsors insurance seminars in Asian countries several times a year. Anyone can participate in these seminars. The content of the seminar is determined according to the request and interest of the local insurance industry. Dai-ichi Life sends experienced instructors from Tokyo to speak at the seminars. Overseas seminars total 150 in 13 countries (March 2010).

  3. Publications regarding Japanese Insurance Business
    FALIA has been publishing "Insurance News" in English since 1969. This publication is issued and distributed overseas. It provides up-to-date information about the Japanese insurance industry and related financial matters.

History
FALIA's Mission and Historical Background

In 1962, the Dai-ichi Mutual Life Insurance Company contributed 50 million yen to the Tsuneta Yano Memorial Society to initiate the supporting programs for the development of the life insurance industry in the Asian region, as one of the projects in commemoration of the 60th anniversary of its founding.
At that time the Japanese life insurance industry had already grown to the second largest in the world in terms of life insurance in-force volume. One of the factors that contributed to this success was tangible and intangible technical support, particularly from the United States after World War II.
Looking back on the history of Dai-ichi Life, Tsuneta Yano, its founder, learned about the mutual principle at the Gothaer Life Insurance Company in Germany, at a time when the Japanese insurance business was still in the developing stage. After he returned from Germany, he established Dai-ichi Life in 1902, as the first mutual life insurance company in Japan.
In celebrating its 60th anniversary in 1962, Dai-ichi Life turned its eyes to Asian countries where the life insurance industry was still in a developing stage. Dai-ichi Life then felt that it was Japan's responsibility to contribute to the development of Asia's insurance industry and in doing so it could reciprocate some of the generosity received from Europe and the United States.
Thereafter, in March 1970, Dai-ichi Life established FALIA (The Foundation for the Advancement of Life Insurance in Asia) to further promote this mission. In April 1994, the formal name was changed to The Foundation for the Advancement of Life &Insurance Around the world in order to expand our scope of activities.

Chronology
1962 The Dai-ichi Mutual Life, as part of the projects marking its 60th anniversary, began a training program within the Tsuneta Yano Memorial Society for life insurance companies in Asia.
1963 May- Held the first invitational life insurance seminar (general course) in Japan with two participants from Indonesia.
Nov.- The second seminar held with the first participants from Korea.
1964 May- The third seminar held with the first participants from the Philippines.
July- Held the first overseas seminar in Korea.
Sept.- The fourth seminar held with the first participants from Taiwan.
1965 May- The sixth seminar held with the first participants from Thailand.
The first overseas seminar in Taiwan held.
1969 The number of participants in seminars held in Japan exceeded 100.
Published the first issue of "Life Insurance News".
1970 Mar.- The Dai-ichi Mutual Life donated an additional 100 million yen and established "The Foundation for the Advancement of Life Insurance in Asia (FALIA)", which took over the responsibility for the Asian region training project from the Tsuneta Yano Memorial Society.
May- The 18 th general course held with the first participant from Malaysia.
1971 Feb.- An overseas seminar, the first for Thailand, held.
May- The 20th general course held with the first participant from Singapore.
1973 Feb.- An overseas seminar, the first for the Philippines, held.
May- The first overseas seminars, in Indonesia and Singapore, were held.
1975 Feb.- The first overseas seminar in Malaysia held.
1977 The number of participants in seminars held in Japan topped 300.
1981 May- The 47th general course held with the first participant from Hong Kong.
Published a special edition of "Life Insurance News" marking its 100th issue.
1982 May- Held the first top management course.
May- Held the first computer course.
The number of overseas seminars held exceeded 50.
1983 May- The 51st general course held with the first participant from India.
Nov.- Held the first advanced course.
1986 Jan.- Held the first specified seminar with two participants from China.
May- The 57th general course held with the first participant from Sri Lanka.
1987 May- An overseas seminar, the first for China, held.
Dec.- The first FALIA alumni reunion held in Taiwan.
1989 May- The 63rd general course held with the first participant from Bangladesh.
The number of participants in seminars held in Japan surpassed 1,000.
1991 Jan.- An overseas seminar, the first for India, held.
1992 Oct.- The 14th top management course held with the first participant from Turkey.
1993 Feb.- An overseas seminar, the first for Hong Kong, held.
May- The number of participants in seminars held in Japan exceeded 1,500.
Sept.- The 18th advanced course held with the first participant from Colombia.
1994 Mar.- Published the memorial book celebrating FALIA's 30 years of seminar activities.
Apr.- Changed the Foundation's name to "The Foundation for the Advancement of Life &Insurance Around the world (FALIA)".
Sept.- The 20th advanced course held with the first participant from Russia.
Oct.- The 16th top management course held with the first participants from Hungary and Poland.
1995 The number of overseas seminars held exceeded 100.
1996 Had 2 participants from Vietnam after 23 years' interval since 1973.
Oct.- The 18th top management course held with the first participant from Venezuela.
1997 Inaugurated new system of training program.
July- The number of participants in seminars held in Japan surpassed 2,000.
1998 Information service started through FALIA Home Page on the Internet in
place of the printed publication of " Insurance News "
1999 Oct. - The first seminar participant from Uzbekistan.
Reciprocal dispatch of seminar instructors attempted between The Industrial
Bank of Japan and FALIA.
2001 May - The first seminar participants from Bulgaria and Mongolia.
Oct. - The first seminar participant from Bahrain.
2002 Mar. - The first overseas seminar in Turkey held.
May - The first seminar participant from Czech.
July - The number of participants in seminar held in Japan surpassed 2,500.
2003 Feb. - The first overseas seminar in Sri Lanka held.
2005 Aug. - The first seminar participant from Kazakhstan.
2006 Nov. - The first overseas seminar in Vietnam held.
2007 June - The first seminar participant from Pakistan.
2008 June - The number of participants in seminar held in Japan surpassed 3,000.

Breakdown of Participants in the Seminars held in Japan



Purpose of Use of Personal Information
  In compliance with The Personal Information Protection Law in Japan, the personal information that FALIA obtains is used only within the scope of the following purposes and shall be not used for any other purpose whatsoever.

  1. FALIA seminar operations to be held in Japan

  2. FALIA seminar operations to be held overseas

  3. Provision of information regarding FALIA and its operations

  4. Other business activities related to or attached to the above said operations
FALIA BB ( Bulletin Board )

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