Nissay’s M&A splurge to regain No. 1 spot

Nippon Life Insurance is dipping into its warchest to purchase an 80% stake in NAB's life insurance business.

Alison Tudor-Ackroyd

October 27, 2015

Nippon Life Insurance is buying an 80% stake in National Australia Bank’s life insurance business for A$2.4 billion ($1.7 billion), the latest in a string of acquisitions designed to regain its number one spot in the Japanese market as measured by annualised new premiums.

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