New York Life Investment Management expands Tokyo team to chase Japan private asset market growth New York Life Investment Management plans to double its Tokyo team to about 20 staff …
Life
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Politics
Aflac Life confirms breach exposing personal data of 4.38 million policyholders
by Sui Yuitoby Sui YuitoAflac data breach exposes personal details of about 4.38 million policyholders in Japan Aflac data breach exposes names, addresses, phone numbers and some bank details of roughly 4.38 million customers …
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Business
Japan’s Daiichi Life wins regulator approval to arrange leveraged buyout loans
by Sato Asahiby Sato AsahiDaiichi Life Begins Arranging Leveraged Buyout Loans After Regulatory Approval as M&A Financing Grows Daiichi Life will begin arranging leveraged buyout loans after receiving regulatory approval, tapping insurer capital to …
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Business
Nippon Life Holds Up to $3 Billion Paper Profit in SpaceX Stake
by Sato Asahiby Sato AsahiNippon Life Sees Up to $3 Billion Paper Gain from Longheld SpaceX Stake Nippon Life’s decade-long investment in SpaceX could be worth as much as $3 billion on paper, according …
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Business
PayPay announces $839m purchase of T&D life insurer, plans 2027 entry
by Sato Asahiby Sato AsahiPayPay life insurance push: to buy T&D Financial Life Insurance for $839 million PayPay will acquire T&D Financial Life Insurance for about $839 million, entering Japan’s life insurance market by …
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Politics
Prudential Life Insurance CEO apologizes as customer claims double to 700
by Sui Yuitoby Sui YuitoPrudential Life compensation may rise as claims top 700; CEO issues public apology Prudential Life compensation could increase after the insurer disclosed roughly 700 customer claims tied to a fraud …