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Two Leading Japanese Insurers In Merger Talks

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NU Online News Service, Nov. 14, 1: 45 p.m. – Tokio Marine & Fire Insurance Company and Asahi Mutual Life Insurance Company, both of Tokyo, are in talks which could lead to the merger of the two companies, reports Nikkei Interactive.

The two companies are considering transferring the marketing division of Asahi Life to Tokio Marine Life Insurance Company, a unit of Tokio Marine, and merging Asahi Life and the Tokio Marine subsidiary, according to the news portal.