Dai-ichi Life Holdings Inc Expands Overseas Presence
Dai-ichi Life Holdings Inc, Japan’s largest listed life insurer, is pursuing a strategy to increase its presence in Southeast Asia through mergers and acquisitions.
The company is targeting emerging markets in the region, including the Philippines and Malaysia, where growing middle-class households present business opportunities.
Key markets of interest include:
- Philippines
- Malaysia
In addition, Dai-ichi Life is seeking to expand its customer base in Singapore, a market serving high net worth individuals.
The company’s decision to expand overseas comes as it considers the growing but increasingly crowded market in the region.
Market Considerations
Dai-ichi Life Holdings Inc’s expansion strategy is driven by the need to adapt to a growing but increasingly competitive market in Southeast Asia.