Nippon Life’s acquisition underscores sector’s struggle to find growth opportunities in its domestic market
Insurance entrepreneur dismisses criticism of UK government as ‘hogwash’ following his company’s deal with Nippon Life
Acquisition would be largest-ever overseas agreement by Japanese insurer
High hedging costs prompt some to eschew protection and others to avoid US government debt
Japan’s largest insurer to buy 5% stake in lender’s asset management business
Insurer seeks offshore expansion and strengthens hold on shrinking home market
Nikkei 225 performed well this year in both local and dollar terms
NAB also sells 80% of life insurance unit to Japan’s Nippon Life for A$2.4bn
Earnings and data undermine sentiment
Dollar bounces off two-month low
Insurance bill raising foreign ownership cap held hostage by politics and protectionists
Japanese life assurer will still ‘support’ embattled group
