Prudential Invests in Japanese Insurer
Prudential Insurance Co. will invest up to $275.9 million in Kyoei Life Insurance Co., making it the biggest shareholder in Japan’s 10th largest life insurance company. The companies are expected to possibly create a joint venture to sell insurance and investment-trust products.
Popular Today
- Travelers Reports Solid Underwriting, Record Investment Income for Q3
- Cyber Rates Are Down, Risks Are Up but Small Businesses Slow to Adopt
- Adjuster Created Law Firm and Fake Claim to Defraud Insurer of $1M, Officials Charge
- CCC Intelligent Solutions Agrees to $6.1B Take-Private Deal with GTCR, Elliott