Tag - nippon-life

 
 

NIPPON LIFE

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.
Japan Times
JAPAN
Dec 14, 2020
Major Japan life insurers shun investing in nuclear weapons-linked firms
The restraint shown by the life insurers reflects a growing trend toward valuing environmental, social and other such factors in making investment decisions.
Japan Times
MORE SPORTS
Nov 12, 2020
T. League officials upbeat ahead of third campaign
Despite the the T. League being forced to open its third season behind closed doors due to COVID-19, officials are hoping to continue to expand the table tennis circuit's fanbase.
Japan Times
MORE SPORTS
May 16, 2020
T. League aims to start third season in November
The opening day for professional table tennis has been pushed back due to coronavirus situation.
Japan Times
BUSINESS
Jul 24, 2018
Nippon Life to stop financing coal-fired power
Nippon Life Insurance Co. will no longer extend loans for, or invest in, coal-fired power plants due to environmental concerns, an official at Japan's biggest life insurer said, in the first such move by a major domestic institutional investor.
BUSINESS / Companies
Mar 13, 2018
Nippon Life to acquire 5% stake in Deutsche Bank unit and send representative to join new board
Nippon Life Insurance Co. said Monday it has inked a deal with Germany's Deutsche Bank to acquire a 5 percent stake in the company's asset management unit.
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.
BUSINESS
Jan 3, 2016
Major insurers on hunt for M&As
The chiefs of Japan's top insurance companies are eager to keep pursuing mergers and acquisitions abroad because the domestic market is expected to shrink, interviews show.
BUSINESS / Companies
Nov 30, 2015
Nippon Life plans Japan's largest REIT as investors crave yields
Nippon Life Insurance Co., which is seeking to gather about ¥300 billion ($2.4 billion) for what would be Japan's largest private real estate investment trust, is targeting returns of 4 percent as yields on government bonds languish near zero.
Japan Times
BUSINESS / Companies
Oct 20, 2015
NTT Docomo to sell insurance products in tie-up with Nippon Life
A tie-up between mobile phone carrier NTT Docomo Inc. and Nippon Life Insurance Co. will see Docomo selling insurance policies at its stores in Japan, sources close to the matter said Tuesday. The carrier is seeking new revenue sources amid government pressure to lower its charges.
BUSINESS / Companies
Oct 14, 2015
Nippon Life seeks to seal deal this month to buy Aussie bank's insurance business
Nippon Life Insurance Co. aims to strike a deal this month to buy National Australia Bank's insurance business by next March, sources close to the matter said.
BUSINESS / Companies
Aug 26, 2015
Nissay seen looking to buy Mitsui Life for ¥400 billion in insurance sector shake-up
Nippon Life Insurance Co. is considering buying its smaller competitor, Mitsui Life Insurance Co., in an attempt to regain the crown as the country's top premium revenue earner.
BUSINESS / Companies
May 19, 2015
Nippon Life to buy insurance agencies operator
Nippon Life Insurance Co. plans to acquire an operator of independent insurance agencies to expand sales channels and better respond to customer demands, sources close to the matter said Tuesday.
Japan Times
BUSINESS / Companies
Mar 20, 2015
Nippon Life turns to overseas, eyes ¥1.5 trillion in mergers and acquisitions by 2018
Nippon Life Insurance Co., reversing its focus on the domestic market, is planning to invest up to ¥1.5 trillion in mergers and acquisitions overseas over the next three years, sources close to the matter said Friday.
Japan Times
BUSINESS / Companies
Feb 6, 2015
Nippon Life in talks to raise stake in Resona banking group
Nippon Life Insurance Co. has been in talks with Resona Holdings Inc. to boost its investment in the Japanese banking group by tens of billions of yen, sources close to the matter said on Friday.
BUSINESS
Apr 28, 2014
Insurers eye foreign bond buys
Three of four major life insurers may buy more foreign bonds in fiscal 2014 ending next March to seek higher returns because yields on Japanese government bond yields are predicted to stay at rock bottom, their asset management plans showed Friday.
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.

Longform

High-end tourism is becoming more about the kinds of experiences that Japan's lesser-known places can provide.
Can Japan lure the jet-set class off the beaten path?