Japan's Dai-ichi Life to buy 15% stake in Australia's Challenger, Nikkei reports
06/04/2025 18:38
April 6 (Reuters) - Japan's Dai-ichi Life 8750.T will buy a 15% stake in Australian insurer Challenger CGF.AX from MS&AD Insurance Group 8725.T for 80 billion yen ($544.59 million), the Nikkei reported on Monday. ($1 = 146.9000 yen) (Reporting by Aaditya Govind Rao in Bengaluru; Editing by Alexandra Hudson) ((Aaditya.GovindRao@thomsonreuters.com;))
Recent news on MS&AD Insurance group
See all newsBrief: Japan's MS&AD Looks To Enter Europe's Reinsurance Broker Market, CEO Of Says U.S. Unit MS Transverse, Nikkei Reports
Focus: As AI agents go rogue, cyber insurers are adapting their policies
Focus: As AI agents go rogue, cyber insurers are adapting their policies
Table: MS&AD Insurance -Q1 group results (IFRS)
Table: MS&AD Insurance -2025/26 group results (IFRS)