Apollo hunts for Japanese life insurer to boost growth

Apollo Eyes Japanese Life Insurer for Expansion

Apollo, a US-based asset manager, is reportedly looking to acquire a Japanese life insurance company as part of its growth strategy. The firm may encounter regulatory challenges due to a preference among Japanese regulators for domestic ownership in the sector.

The potential hurdles highlight possible complexities foreign entities face when operating in Japan's insurance market.

Original Source: https://www.ft.com/content/7462744e-530e-459b-a89f-581a242bc0f9