Japan's Daiichi Life unit to acquire New Zealand's Fidelity Life for $370m
( September 4, 2026, 01:54 GMT | Official Statement) -- MLex Summary: Japanese life insurer Daiichi Life Group said on Thursday that its wholly owned New Zealand subsidiary Partners Group Holdings has agreed to acquire New Zealand life insurer Fidelity Life Assurance for NZD$630 million (US$370 million). The publicly listed Japanese insurer said the deal, subject to regulatory approvals and expected to close by July 2027, is intended to strengthen its New Zealand business and expand its international life-insurance operations.Statement is attached....
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