According to the announcement, Nippon Life has agreed to acquire 5% of the shares of Germany 's largest asset management company, "DWS", from the parent company "Deutsche Bank". The amount of investment is expected to be around 300 million euros to 360 million euros, from 40 billion yen to 48 billion yen in the Japanese yen, and we are planning to finish paying in this month as well.

As of the end of December last year, "DWS" invested in a wide range of fields including stocks and bonds, with customer assets under assets of about 700 billion euros and Japanese yen over 90 trillion yen .

The Bank of Japan's large-scale monetary easing measures, historically low interest rates continue in Japan, life insurance companies have difficulty in managing insurance premiums and other funds from contractors, and the business environment is severe It is increasing.

Under these circumstances, Nippon Life has raised the profitability of the asset management business by this investment, expanded outsourcing to "DWS" about the operation of its assets, conducted personnel exchanges I would like to strengthen this field.

In the life insurance industry last year, "Nippon Life" invested in an American asset management company, and "Fukoku Life" made a business alliance with an American asset management company, There are a series of movements to strengthen the relationship with overseas asset management companies that have.