{"id":75,"date":"2018-09-05T18:30:14","date_gmt":"2018-09-05T10:30:14","guid":{"rendered":"https:\/\/insurance.vincent-chen.com\/en\/?p=75"},"modified":"2020-09-19T18:31:08","modified_gmt":"2020-09-19T10:31:08","slug":"dai-ichi-life-confirms-purchase-of-suncorps-life-arm","status":"publish","type":"post","link":"https:\/\/insurance.vincent-chen.com\/en\/dai-ichi-life-confirms-purchase-of-suncorps-life-arm\/","title":{"rendered":"Dai-ichi Life confirms purchase of Suncorp\u2019s life arm"},"content":{"rendered":"<p>By Andrew Tjaardstra, InsuranceAsia News | September 5, 2018<\/p>\n<p>Tokyo-headquartered Dai-ichi\u2019s A$640 million purchase of Suncorp\u2019s life insurance unit is part of a wider push to expand its overseas empire as it struggles to achieve returns back in its home market.<\/p>\n<p><!--more--><\/p>\n<p>In a statement Dai-ichi Life said the deal may be closed between December of this year and February 2019. The transaction was originally expected to be valued at A$725 million (US$538.82 million).<\/p>\n<p>Meanwhile the Japanese insurer said it is finalising a 20-year strategic alliance with Suncorp to sell life insurance products via Suncorp Group\u2019s distribution channels.<\/p>\n<p>Brisbane-headquartered Suncorp will keep its banking and general insurance arms.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Andrew Tjaardstra, InsuranceAsia News | September 5, 2018 Tokyo-headquartered Dai-ichi\u2019s A$640 million purchase of Suncorp\u2019s life insurance unit is part of a wider push to expand its overseas empire as it struggles to achieve returns back in its home market.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"off","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[11,8,3],"tags":[],"class_list":["post-75","post","type-post","status-publish","format-standard","hentry","category-asia-pacific","category-japan","category-news"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/insurance.vincent-chen.com\/en\/wp-json\/wp\/v2\/posts\/75","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/insurance.vincent-chen.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insurance.vincent-chen.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insurance.vincent-chen.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/insurance.vincent-chen.com\/en\/wp-json\/wp\/v2\/comments?post=75"}],"version-history":[{"count":1,"href":"https:\/\/insurance.vincent-chen.com\/en\/wp-json\/wp\/v2\/posts\/75\/revisions"}],"predecessor-version":[{"id":76,"href":"https:\/\/insurance.vincent-chen.com\/en\/wp-json\/wp\/v2\/posts\/75\/revisions\/76"}],"wp:attachment":[{"href":"https:\/\/insurance.vincent-chen.com\/en\/wp-json\/wp\/v2\/media?parent=75"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insurance.vincent-chen.com\/en\/wp-json\/wp\/v2\/categories?post=75"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insurance.vincent-chen.com\/en\/wp-json\/wp\/v2\/tags?post=75"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}