Nippon Life Insurance has signed definitive agreements to invest Rs 2,265 crore (US$ 332.32 million in order to increase its stake in Reliance Life Insurance from 26 per cent to 49 per cent. Nippon Life Insurance based in-

USA
Japan
France
Germany

The correct answer is B. Japan.

Nippon Life Insurance is a Japanese life insurance company headquartered in Chiyoda, Tokyo. It is the largest life insurance company in Japan and the fourth largest in the world by total assets. The company was founded in 1889 and has over 100 million customers. Nippon Life Insurance offers a wide range of life insurance products, including term life insurance, whole life insurance, and annuities. The company also offers investment products, such as mutual funds and stocks. Nippon Life Insurance is a publicly traded company and is listed on the Tokyo Stock Exchange.

The other options are incorrect.

  • Option A is incorrect because the United States is not the home of Nippon Life Insurance. Nippon Life Insurance is a Japanese company.
  • Option C is incorrect because France is not the home of Nippon Life Insurance. Nippon Life Insurance is a Japanese company.
  • Option D is incorrect because Germany is not the home of Nippon Life Insurance. Nippon Life Insurance is a Japanese company.
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