Dai-ichi Life Insurance makes $9.02m commitment

The Japanese insurance company continues its impact investment streak.

Institution: Dai-ichi Life Insurance
Headquarters: Tokyo, Japan
AUM: JPY36.24trn
Bitesize: $9-$50m

Dai-ichi Life Insurance has approved JPY1 billion ($9.02 million or €7.93 million) commitment to EEI Fund 4 Investment (the Fund).

The Fund, managed by Energy & Environment Investment, targets Japanese startups with new technologies in renewable energy and energy storage.

Illustrated in the first table below, the insurance company has made multiple investments in impact investment fields since 2017.

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