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Sumitomo Life Insurance, NN Life Insurance enter partnership deal

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Sumitomo Life Insurance, NN Life Insurance enter partnership deal

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.