{"id":31322,"date":"2015-10-15T10:38:02","date_gmt":"2015-10-15T00:38:02","guid":{"rendered":"https:\/\/riskinfo.com.au\/news\/?p=31322"},"modified":"2025-10-13T14:06:54","modified_gmt":"2025-10-13T03:06:54","slug":"nab-enters-product-talks-with-nippon-life","status":"publish","type":"post","link":"https:\/\/riskinfo.com.au\/news\/2015\/10\/15\/nab-enters-product-talks-with-nippon-life\/","title":{"rendered":"NAB Enters Product Talks With Nippon Life"},"content":{"rendered":"<p>The National Australia Bank (NAB) has added to the speculation around the future of MLC announcing this morning that it had entered into a non-binding Memorandum of Understanding with <a href=\"https:\/\/www.nissay.co.jp\/english\/\" target=\"_blank\" rel=\"noopener\">Nippon Life Insurance Company<\/a>.<!--more--><\/p>\n<p>In a statement released to the Australian Securities Exchange NAB stated while nothing had been decided it entered into the MOU \u201cwith a view to entering an long-term partnership in life insurance product manufacturing\u201d.<\/p>\n<p>NAB Group chief executive <strong>Andrew Thorburn<\/strong> said the group has been considering a number of options to boost the returns of its wealth management business and the Nippon Life discussions were ongoing with any future transactions still subject to regulatory approvals.<\/p>\n<p>\u201cWe have been exploring a potential partnership with the NAB Wealth insurance manufacturing business through the formation of a strategic partnership with major global insurance company Nippon Life,\u201dThorburn said.<\/p>\n<p>\u201cWe are committed to providing banking and wealth solutions for our customers and Nippon Life shares our passion for the customer and we are pleased to pursue how a partnership could enhance the experience for our customers.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The National Australia Bank (NAB) has added to the speculation around the future of MLC announcing this morning that it had entered into a non-binding Memorandum of Understanding with Nippon Life Insurance Company.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[259,48,4],"tags":[],"class_list":["post-31322","post","type-post","status-publish","format-standard","category-breaking","category-company-news","category-products","headers-new"],"_links":{"self":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/31322","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/comments?post=31322"}],"version-history":[{"count":0,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/31322\/revisions"}],"wp:attachment":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media?parent=31322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/categories?post=31322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/tags?post=31322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}