MUMBAI: Japanese insurance major Nippon Life has received regulatory approvals to open a subsidiary in the country as Nippon India Life Insurance Company, headquartered in Mumbai.The company has been present in the country after buying out Reliance Life and Reliance Asset Management, which are being ruin as Reliance Nippon Life and Reliance Nippon India Asset Management. Going forward, these two companies will be run as Nippon Life Insurance Company India and Nippon India Asset Management,…
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Nippon Life gets licence to open subsidiary
