Dai-ichi Life Holdings Inc (8750.T)
19 Mar 2019
* Shares set for biggest one-day fall in 18 months (Recasts to add regulatory costs, adds share fall)
TOKYO Nippon Life Insurance Co is actively seeking mergers and acquisitions overseas, with a focus on the United States and Asia's emerging economies, the president of Japan's largest life insurer said on Monday.
* Firm is biggest Japanese life insurer, with 78 trln Y in assets
SYDNEY Some of the largest insurers in Australia, including the local units of multinationals, may have broken laws - some of which carry criminal penalties - a government-backed inquiry into financial sector conduct heard on Friday.
* Laws possibly broken carry criminal penalties, inquiry hears