KM Financial Solutions | Japan’s Dai-Ichi Life to buy Suncorp Life for $460 mln
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Japan’s Dai-Ichi Life to buy Suncorp Life for $460 mln

Japan’s Dai-Ichi Life to buy Suncorp Life for $460 mln

Dai-ichi Life Holdings Inc
said on Tuesday it would buy Suncorp Life, an
Australian life insurance unit of Suncorp Group Ltd,
for A$640 million ($460 million), in the latest overseas
expansion for a Japanese insurer grappling with a shrinking
domestic market.

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