Nippon Life agrees deal to buy Resolution Life for $8.2bn

The Japanese insurance giant also agrees to buy the remaining 20% of MLC Life from National Australia Bank for A$500m, with the plan to create a new entity called Acenda.

Japan's Nippon Life has agreed to acquire global life insurance player Resolution Life for around $8.2 billion, according to a company announcement on December 11. 

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media