News Life and Health20 May 2025

Japan:Life insurer to cut secondment of employees to financial organisations

| 20 May 2025


Japanese life insurer Nippon Life Insurance will discontinue the practice of seconding its employees with banks and other lender institutions. A news report in the Japan Times said these agreements have allowed Japanese insurers to dispatch staff on a temporary basis to financial firms, where they can sell the companies' insurance products.

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