Nippon Life Buys MassMutual’s Japan Business For $982 Million
Posted on 03/02/2018
Nippon Life, Japan’s largest insurance provider, has bought an 85.1% stake in Massachusetts Mutual Life Insurance’s (MassMutual) business in Japan (MassMutual Japan) for ¥104.2 billion (US$ 935 million) in an effort to shore up its market share at home, even as it continues to search for growth opportunities abroad. The acquisition will allow Nippon Life […]
