05:33 AM EDT, 06/11/2026 (MT Newswires) -- (Updates with Apollo Global Management's ( APO ) response in the fourth paragraph.)

Apollo Global Management ( APO ) has explored acquisitions of Japanese life insurance businesses, including units of T&D and Orix, as the alternative asset manager seeks to expand its presence in Japan's insurance market, the Financial Times reported Tuesday, citing people familiar with the matter.

Apollo is pursuing a licensed insurer that can write business directly in Japan rather than relying on offshore reinsurance arrangements, the report said.

Apollo reviewed potential acquisitions including T&D subsidiaries Taiyo Life and T&D Financial Life, according to the report.

Apollo declined to comment when reached by MT Newswires.

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