Nippon Life Insurance, Japan's top life insurer, plans to reduce its holdings of foreign bonds that are not currency-hedged in the half-year to March, a top investment planning official said on Monday.
Nippon Life Insurance, Japan's biggest insurer, plans to reduce holdings of foreign bonds that are not currency hedged in the half year to March, a top investment planning executive said on Monday.
Italy's top insurer Generali said on Thursday it received authorization from the European Commission for the acquisition of a controlling interest in rival Cattolica.
Japan will this month sell up to 1.03 billion Japan Post Holdings shares, which at Wednesday's closing price would be worth 952 billion yen ($8.52 billion), a filing showed, to help with rebuilding areas hit by the 2011 earthquake and tsunami.
Britain's new body overseeing accounting rules following Brexit said it was braced for a "lot of noise" from the 1.7 trillion pound ($2.33 trillion) insurance sector about measures to increase transparency of financial positions and performance.