Reported 3 days ago
Dai-ichi Life Holdings Inc., Japan's largest listed life insurer, is exploring mergers and acquisitions in Southeast Asia to boost its overseas expansion, particularly in the Philippines and Malaysia, where emerging middle-class markets present growth opportunities. The company aims to increase its group adjusted profit from overseas life insurance operations to about half of its total by fiscal year 2031, focusing on acquiring larger positions in fewer competitive markets, such as Singapore.
Source: YAHOO