Nippon Life Insurance, Japan’s largest private insurer, is spending $8.2 billion on global life insurance firm Resolution Life Group Holdings—marking the largest overseas acquisition in Japan’s insurance industry. This move underscores Nippon Life’s ambition to bolster its global presence amid a shrinking domestic market due to Japan’s aging population and low-interest-rate environment. Resolution Life, established in 2017, specializes in managing portfolios of life insurance policies and