Aluminum porphyrin is an excellent initiator for the living polymerizations of a wide variety of monomers such as epoxide, β-lactone, δ-lactone, ε-lactone, and lactide, and also for the alternating copolymerization of epoxide and cyclic acid anhydride or carbon dioxide, to give polymers and copolymers with narrow molecular weight distribution. Aluminum porphyrin was recently found to initiate also the living polymerization of methacrylic ester. In the polymerizations of epoxides and lactones initiated with aluminum porphyrin in the presence of an appropriate protic compound, polymers with narrow molecular weight can be obtained with the number of the polymer molecules more than those of the initiator. This fact demonstrates the “immortal” nature of the polymerization due to unusual reactivities of aluminum prophyrin.