Nao Sano

The announcement comes just a day after Nippon Life agreed to buy Bermuda-based Resolution Life Group Holdings for about $8.2 billion in the biggest takeover by a Japanese insurer. Earlier in the week, Nippon Life completed the acquisition of a 21% stake in Houston-based Corebridge Financial for $3.8 billion from American International Group.

The head of a body representing Japanese brokerages warned Nomura Holdings Inc. and other member companies against complacency, saying a slew of scandals this year could shake public confidence in the industry.

Japan's biggest securities firms are raising pay and benefits for workers who reach retirement age, highlighting the urgency to retain talent in one of the world's fastest-aging countries.

Employees age 60 and above are increasingly getting paid for performance and given heavier responsibilities in line with their experience.

Nippon Life Insurance Co. has done more than $12 billion of deals this month alone. Japan’s biggest insurer isn’t finished yet.

Nippon Life Insurance Co. has done more than $12 billion of deals this month alone. Japan's biggest insurer isn't finished yet.

Japan’s insurance giants are selling over $56 billion in shares after getting caught colluding in the wake of costly disasters

A venture-capital fund headed by former Japanese national soccer team player Keisuke Honda has raised about ¥15.3 billion ($98 million), according to a document seen by Bloomberg.

Japan’s Meiji Yasuda Life Insurance Co. wants to seek more acquisitions overseas, where it’s prepared to spend to buy attractive assets.

Japan's Meiji Yasuda Life Insurance Co. wants to seek more acquisitions overseas, where it's prepared to spend to buy attractive assets.