Acquisition History / Dai-ichi Life Group, Inc. / Fidelity Life Assurance Company Limited
Dai-ichi Life Group, Inc. Acquires Fidelity Life Assurance Company Limited
Announced September 3, 2026 — $399.3M
What happened
Dai-ichi Life Group agreed to acquire 100% of Auckland-based Fidelity Life Assurance through its local subsidiary Partners Group, with completion expected between March and July 2027. It is the group's second New Zealand life insurance acquisition and broadens its developed-market overseas portfolio.
- Acquirer
- Dai-ichi Life Group, Inc.
- Target
- Fidelity Life Assurance Company Limited
- Announced
- September 3, 2026
- Price
- $399.3M
- Industry
- Life insurance
- Buyer type
- Strategic acquirer
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Dai-ichi Life Group, Inc. acquire Fidelity Life Assurance Company Limited?
Dai-ichi Life Group, Inc. acquired Fidelity Life Assurance Company Limited on September 3, 2026. This was Dai-ichi Life Group, Inc.'s 1st publicly tracked acquisition out of 1 we have on record.
How much did Dai-ichi Life Group, Inc. pay for Fidelity Life Assurance Company Limited?
Dai-ichi Life Group, Inc. paid $399.3M for Fidelity Life Assurance Company Limited.
What does Fidelity Life Assurance Company Limited do?
Dai-ichi Life Group agreed to acquire 100% of Auckland-based Fidelity Life Assurance through its local subsidiary Partners Group, with completion expected between March and July 2027. It is the group's second New Zealand life insurance acquisition and broadens its developed-market overseas portfolio.
What other Life insurance companies has Dai-ichi Life Group, Inc. acquired?
Fidelity Life Assurance Company Limited is Dai-ichi Life Group, Inc.'s only publicly tracked acquisition in Life insurance so far.
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