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Sumitomo Life Insurance, NN Life Insurance enter partnership deal
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agreed to collaborate with NNLife Insurance Co. Ltd. to expand its product offering.
Under theagreement, Sumitomo Life Insurance will distribute NN Life Insurance's lifeinsurance products to small and medium-sized enterprises, beginning April 2017.Sumitomo Life Insurance expects the deal to widen its reach into the small andmedium-sized enterprise market.
Theagreement is subject to regulatory approval.