![L&G Completes $2.3 Billion Sale of US Insurance Division to Meiji Yasuda](/images/lg-completes-23-billion-sale-of-us-insurance-division-to-meiji-yasuda.webp)
L&G Completes $2.3 Billion Sale of US Insurance Division to Meiji Yasuda
5 days ago
L&G, a prominent player in the insurance sector, has recently confirmed the strategic decision to divest its US insurance arm, selling it to the Japanese insurance giant Meiji Yasuda for an impressive $2.3 billion. This major transaction is poised to reshape the landscape of both companies and highlights L&G's ongoing strategic shift towards its core operations.
Continue reading![Meiji Yasuda's Bold Wage Increase Signals Corporate Shift in Japan](/images/meiji-yasudas-bold-wage-increase-signals-corporate-shift-in-japan.webp)
Meiji Yasuda's Bold Wage Increase Signals Corporate Shift in Japan
23 days ago
In a significant move in response to the Japanese government's push for higher wages, Meiji Yasuda Life Insurance Co. has announced plans to raise employee salaries by an average of 5%. This decision, which aligns with Japan's efforts to combat persistent deflation and stimulate consumer spending, marks a notable shift in corporate attitudes towards employee compensation.
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