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Nippon Life Insurance will invest 40 billion yen ($393.3 million) in a 20 per cent stake in Indonesian Life Insurance firm Sequislife, the Nikkei business daily reported on Saturday, as Japan's biggest private life insurer seeks to expand into
The industry leader will refrain from a hike while many rivals are expected to raise premiums in accordance with the Financial Services Agency's anticipated revision in April to a standard interest rate used by the industry to set policy premiums.
Japanese companies, worth about ¥5 trillion, over two years or so from April, sources familiar with the matter say. The nation's largest life insurer is seeking to curb the risk of evaluation losses from stock price fluctuations and improve its
Sam Ghosh, CEO of Reliance Capital, talks to Shilpy Sinha about future challenges in managing a financial services company and his plans for leveraging the Nippon Life partners After successfully selling its stake in life insurance and asset
Reliance Capital, a part of the Anil Ambani Group, Friday said it has concluded its 26-percent stake sale to Japan's Nippon Life for USD 290 million, pushing its value to USD 1.1 billion in the largest such deal for an Indian asset management firm. "
Japanese insurance firm Nippon Life and proposed change in ownership structure is likely to come up for scrutiny next week after being deferred earlier due to opposition from trade unions. Central Board of Trustees- is also likely to discuss ways to
R eliance Capital on Wednesday said it has got approval from the Indian market regulator Sebi and the Monetary Authority of Singapore (MAS) for Rs 1,450-crore (Rs 14.5 billion) stake sale in its mutual fund business unit to Japan's [ Images ] Nippon
The transaction is subject to necessary regulatory approvals...The company is the 7th largest life insurer globally and the largest private insurer in Asia and Japan. "We look forward to having Nippon Life Insurance as our strategic partners in the
AIA Group Ltd said on Wednesday that Japan's Nippon Life Insurance Co had agreed to buy a 1 percent stake in the firm for about $430 million. AIA said it had signed a memorandum of understanding with Nippon Life and that the deal would establish "a
Mumbai: Industrialist Anil Ambani on Tuesday said that his group's financial services arm Reliance Capital would explore all possible opportunities to enter the banking sector and plans to unlock value in all its major