Nippon Life Insurance

Market regulator Sebi imposes Rs 3 lakh penalty on Nippon Life India AMC

Sebi allows AMCs to pay expenses of very small value but high volume out of the AMC's books up to a maximum of 2 basis points of the respective scheme's assets under management

AIG to sell 20% stake in Corebridge to Japan's Nippon Life for $3.8 bn

J.P. Morgan Securities advised AIG on the deal, which is expected to close by the first quarter of 2025

Explained: Why private insurance companies in India are coveted buys

By chasing profit over rapid expansion, companies have conserved capital, making them attractive for potential buyers

Battle for Reliance Nippon Life Insurance: Nippon top brass to visit India

The race for acquisition of Reliance Capital's 51 per cent stake in Reliance Nippon Life Insurance Co (RNLIC) is intensifying, with the top brass of the Japanese partner in the joint venture likely to visit India this week to flag its concerns with the ongoing resolution process under insolvency laws, sources said. Japan's Nippon Life, which holds 49 per cent stake in RNLIC, is opposed to the entry of Aditya Birla Sun Life in the race to acquire Reliance Capital's stake in RNLIC. Sources with knowledge of the matter said Nippon Life's Global President Hiroshi Shimizu along with Minoru Kimura, managing executive officer and head of global business, Nippon Life Insurance, and Tomohiro Yao, regional CEO, Nippon Life Asia Pacific and Director, RNLIC, are likely to visit Mumbai on Monday. Shimizu and his team may meet senior officials of the Reserve Bank of India (RBI) and other stakeholders, and apprise them of their position with regard to their investment in RNLIC and their long-term

Piramal, Zurich Insurance may bid separately for Reliance General Insurance

Piramal, Zurich Insurance may bid separately for Reliance General Insurance

Nippon Life-Birla Sun Life merger talks fail ahead of RCap deal deadline

Sources say Nippon Life of Japan not keen on diluting its holding in Reliance Nippon Life Insurance Company to less than 10%--something that the merger will bring about

Aditya Birla Group, Nippon Life in talks to merge Indian life insurance JVs

The talks were initiated after a court-appointed administrator of Reliance Capital put the 51% stake in Reliance Nippon Life on sale

RCapital lenders meet ends in stalemate over key challenge mechanism issue

CoC decides that all bidders, while submitting their resolution plans, will agree in writing to participate in the Challenge Mechanism in whatever form it is implemented by the lenders later

Aditya Birla Capital joins race to acquire life insurer Reliance Nippon

Reliance Capital holds 51 per cent stake in RNLIC and Nippon Life of Japan the rest

Fund Pick: Nippon India Value Fund is a consistent long-term performer

The fund's month-end assets under management (AUM) increased to Rs 4,205 crore in February 2022 from Rs 3,255 crore in March 2019.

Nippon Life Insurance completes 49% acquisition in Reliance Nippon Life

Reliance Capital, the RNLAM's holding firm, has received Rs 378 cr upon acquisition completion