Dai-ichi Life 8750-0.18%decrease; red down pointing triangle is the latest Japanese insurer to double down on its overseas expansion with the purchase of a 15% stake in U.K. investment manager M&G ...

M&G said it formed a strategic partnership with Japanese insurance company Dai-ichi Life aimed at delivering at least $6 billion of new business flows for M&G over the next five years. The London ...