Nippon Life Closes on Big Corebridge Stake, Adds U.S. Annuity Sizzle
December 17, 2024 by Allison Bell
This article was updated after press time to reflect the Resolution Life deal closing.
Nippon Life now owns a large chunk of Corebridge Financial, and it could end up being a much bigger player in the U.S. annuity market.
Wink’s Moore on the Market: Nippon Life is purchasing a major stake in Corebridge Financial.
Off the top of my head, this is the third Japanese insurer to purchase an interest in a U.S. annuity company.
Thank you for the intel Allison Bell at ThinkAdvisor. -sjm
Originally Posted at Think Advisor on December 10, 2024 by Allison Bell.
Categories: Industry Articles
