Tag - nippon-life

 
 

NIPPON LIFE

Yoshinobu Tsutsui (left), who is expected to become the new Keidanren chairman, speaks during a news conference in Tokyo on March 25, as the current chairman, Masakazu Tokura, looks on.
BUSINESS / FOCUS
May 23, 2025
Keidanren to install first leader from financial sector
The post of Keidanren chairman has traditionally been held by leaders from the manufacturing sector.
Nippon Life Insurance will stop the practice of temporarily sending employees to work in sales departments of other companies, such as banks, judging that the arrangements may distort fair competition.
BUSINESS / Companies
May 16, 2025
Nippon Life to stop sending staff to sales departments at banks
Critics have said the practice has led to misconduct, in addition to reducing competition.
Nippon Life Insurance is diversifying its investments to enhance yields, although it’s a tricky time to invest with U.S. President Donald Trump’s trade war fueling global market volatility.
BUSINESS / Companies
May 14, 2025
Japan’s biggest insurer weighs riskier overseas CLO investments
Japan’s biggest life insurer is considering taking on a little more risk with its investments in collateralized loan obligations (CLOs), as it looks for ways to eke out better returns abroad.
Nippon Life Insurance will establish a new headquarters division in late March to manage its foreign businesses, and its overseas insurance and asset management departments will be absorbed into that organization, people familiar with the matter have said.
BUSINESS / Companies
Jan 27, 2025
Nippon Life to revamp overseas business operations after acquisitions
Japan’s biggest life insurer will establish a new headquarters division in late March to manage its foreign businesses, and absorb related departments into that organization.
Hiroshi Shimizu (left), president of Nippon Life Insurance, and Satoshi Asahi, vice president and future president, shake hands after a news conference Wednesday in Tokyo's Chiyoda Ward.
BUSINESS / Companies
Dec 23, 2024
Nippon Life’s $12 billion acquisition spree is just beginning
Having committed to pouring billions into a pair of global insurers, the firm is now turning to asset managers, as it seeks to diversify business at home and abroad.
Nippon Life Insurance Chairperson Yoshinobu Tsutsui is set to become the next head of the Japan Business Federation, or Keidanren, in May next year.
BUSINESS
Dec 17, 2024
Nippon Life chair to become head of Japan's main business lobby
Yoshinobu Tsutsui is set to be the first chairperson of the Japan Business Federation, or Keidanren, from the financial industry.
Nippon Life Insurance, Japan’s largest insurer by assets, will buy $250 million worth of convertible notes and $300 million of preferred securities issued by TCW Group.
BUSINESS / Companies
Dec 12, 2024
Nippon Life ramps up global push with $550 million TCW deal
The announcement comes just a day after Nippon Life agreed to buy Bermuda-based Resolution Life Group Holdings for about $8.2 billion.
The $8.2 billion deal is the largest overseas acquisition by a Japanese insurer to date and the second major transaction announced by Nippon Life this year.
BUSINESS / Companies
Dec 11, 2024
Nippon Life to buy Resolution in $8.2 billion deal as it pursues U.S. growth
The deal is the largest overseas acquisition by a Japanese insurer to date and the second major transaction announced by Nippon Life this year.
Tokyo police have arrested a 27-year-old woman for posting online personal information of a professional baseball player along with violent messages.
JAPAN / Crime & Legal
Jul 10, 2024
Ex-Nippon Life staffer arrested over leak of Giants player's information
The suspect, Satomi Amano, has denied the charges, claiming she doesn't remember her actions due to having made “so many posts.”
Nippon Life Insurance will focus purchases on 30-year JGBs, with the current yield of above 1.8% "good in terms of absolute level," a representative for the insurer said at a recent briefing.
BUSINESS / Markets
Oct 27, 2023
Japan's life insurers to boost JGB buying but wary of policy shift
Nippon Life, Dai-Ichi Life and Meiji Yasuda Life were among those who said they aimed to buy the longest-dated JGBs amid the highest yields in a decade.
Nippon Life Insurance headquarters in Osaka. Japanese insurers are seeking more investments in private credit, attracted to their floating interest rates as global borrowing costs jump.
BUSINESS / Companies
Aug 18, 2023
Private credit boom attracts Japan insurers with $2.6 trillion
Dai-ichi Life Insurance and Nippon Life Insurance are among companies that are seeking more investments in private credit.
Japan Times
BUSINESS / Markets
Dec 22, 2022
Nippon Life may buy more domestic bonds after BOJ shift raises yields
Benchmark 10-year sovereign yields have almost doubled to 0.48% after policymakers raised the cap to 0.50% on Tuesday.
Japan Times
BUSINESS / Companies
Nov 27, 2022
Citing pandemic, seven Japanese life insurers incur April-September loses
Insurance payments ballooned as life insurers distributed hospitalization benefits to a wide range of policyholders infected with the coronavirus.
BUSINESS / Companies
Dec 3, 2017
Nippon Life to buy 25 percent of U.S. asset manager TCW from Carlyle
Nippon Life Insurance Co. has reached a deal to acquire 24.75 percent of U.S. investment firm TCW Group Inc. from U.S. asset manager Carlyle Group LP, the companies said recently.
JAPAN / Society
Jun 20, 2013
Nippon Life to dads of babies: Take care leave
In a rare step for a major Japanese firm, Nippon Life Insurance will begin requiring all its male employees who have babies to take at least one week of paternity leave.

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