TOKYO -- Nippon Life Insurance plans to double its core operating profit to roughly 1.4 trillion yen ($9.22 billion) by the middle of the next decade by spending heavily on acquisitions in the near term, the company said Thursday, signaling that it will look for targets in North America and elsewhere.
Japan's largest life insurance company released a three-year business plan beginning in the next fiscal year, which starts in April, together with a long-term vision through fiscal 2035.
