TOKYO -- Nippon Life Insurance will invest up to an additional $1 billion in Resolution Life Group Holdings, which acquires and manages existing life insurance portfolios in the U.S. and Australia, under plans announced Tuesday.
Insurance
Nippon Life to invest up to $1bn more in insurance consolidator
Japanese insurer taps Resolution Life's expertise in closed-book policy management
Nippon Life insurance, also known as Nissay, sees Resolution Life as an additional foothold in developed markets like the U.S. © Reuters
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