Japan-based Mitsui Life...
... is considering allying with locally based Sumitomo Life in product development and risk management , according to incoming CEO Yukiteru Yamamoto, in an interview with Nikkei. Mitsui Life received a capital injection from Sumitomo Life late last year and will add Sumitomo officials to its board in April. Mr Yamamoto said that a future merger would be listed “on the agenda”.
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