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10 matching documents, best matches first. Sort by date
Japanese Insurers Seek M&A Targets to Aid in Diversification Willis Towers Watson said in a report. Japanese buyers have an appetite for assets that complement their local portfolios, particularly for specialty business areas and less ... Source: BestWire Date: January 25, 2019 Subscription or Purchase Required
MS&AD Expects ¥184 Billion Net Incurred Losses From Major Domestic Catastrophes Insurance Group Holdings Inc. expects net incurred losses from major domestic catastrophes of ¥184 billion (US$1.64 billion) for the 2018 fiscal year ended March 31, 2019, ... Source: BestWire Date: November 21, 2018 Subscription or Purchase Required
Mitsui Sumitomo Acquires Additional 9% Stake in Sri Lanka’s Ceylinco Insurance Group Holdings Inc. Mitsui Sumitomo has paid approximately ¥2.3 billion (US$20.7 million) to increase its shareholding to 15% in Ceylinco Insurance, a listed insurance ... Source: BestWire Date: August 29, 2018 Subscription or Purchase Required
MS&AD Posts 8.5% Drop in First-Quarter Net Income Mitsui Sumitomo Insurance Co. Ltd., its major subsidiary, saw its net income decline 17.2% to ¥55.1 billion, contributing to the group's overall net income fall. A decrease in ... Source: BestWire Date: August 10, 2018 Subscription or Purchase Required
MS&AD to Inject ¥70 Billion Into MS Amlin Insurance Group Holdings Inc. said it plans to inject about ¥70 billion (US$640 million) of capital into MS Amlin to help sustain its business model for future growth. The company ... Source: BestWire Date: June 11, 2018 Subscription or Purchase Required
Update: MS&AD Insurance Nine-Month Net Income Fell 53.4% ...Corrects the time period of the results throughout.) MS&AD Insurance Group Holdings Inc. saw a 53.4% slide in its nine-month net income to ¥97.6 billion (US$92 million) on a ... Source: BestWire Date: March 1, 2018 Subscription or Purchase Required
Japan’s Mitsui Sumitomo Cleared to Acquire First Capital in Singapore Mitsui Sumitomo Insurance Co. Ltd. and Fairfax Financial Holdings Ltd. have received all regulatory approvals to complete the previously announced transaction in which Mitsui ... Source: BestWire Date: December 15, 2017 Subscription or Purchase Required
MS&AD to Acquire Up to 15% Stake in Swiss Re’s ReAssure in the UK ...Assure on a pro rata basis," said Swiss Re. ReAssure is a leading player in the U.K.'s closed book life business where new policies are obtained through acquisition of other ... Source: BestWire Date: October 6, 2017 Subscription or Purchase Required
Update: Mitsui Sumitomo to Acquire First Capital in Singapore for $1.6 Billion ...Corrects rating description information in the last paragraph.) Mitsui Sumitomo Insurance Co. Ltd. has agreed to acquire First Capital Insurance Ltd. from Fairfax Financial ... Source: BestWire Date: August 24, 2017 Subscription or Purchase Required