Japan Post Insurance sets up first overseas subsidiary in New York
Insurance
US unit to monitor investment operations pursued in partnership with KKR
Japan Post Insurance will open its first overseas subsidiary in New York to monitor U.S. market trends and investment performance in real time. © Reuters
TOKYO — Japan Post Insurance has established its first overseas subsidiary in New York, the life insurer said Thursday, looking to more closely monitor U.S. investment operations carried out in partnership with private equity firm KKR.