TOKYO (Reuters) - Japan's Nippon Life Insurance Co said on Tuesday it had agreed to raise its stake in India's Reliance Life Insurance
It will pay about 22.7 billion rupees ($342.13 million) for the additional 23 percent stake, it said in a statement.
($1 = 66.3500 Indian rupees)
(Reporting by Junko Fujita; Editing by Chang-Ran Kim)
