16.10.2015 13:30:00

Nippon Life Insurance Company -- Moody's says Nippon Life taking cautious approach to overseas expansion

Tokyo, October 16, 2015 -- Moody's Japan K.K. says that if a final deal for Nippon Life Insurance Company (A1 stable) to buy National Australia Bank Limited's (NAB, Aa2 stable, a1) insurance operations is reached, there will be execution risk for Nippon Life, given that it does not have as much expertise integrating and managing foreign businesses as some of Japan's property & casualty insurers.

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