India: Nippon Life to invest $ 385m for 49% stake in JV with Anil Ambani's Reliance Life Insurance

India: Nippon Life to invest $ 385m for 49% stake in JV with Anil Ambani's Reliance Life Insurance

Visual from Nippon Life website

Nippon Life Insurance Co., Japan’s biggest life insurer by assets, is buying an additional 23 per cent stake in its joint venture with Reliance Life Insurance for Rs 2,500 crore ($385 million).

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