Tokio Marine seeking more M&A targets in N America
Tokyo
JAPAN'S Tokio Marine Holdings Inc sees many attractive acquisition opportunities in North America, its chief executive said, even after already spending more than US$7 billion to buy insurance companies there in the last six years.
"There are still possible options in the North American market," Tsuyoshi Nagano, CEO and president of Japan's largest insurer by market capitalisation, said on Friday. "The insurance market is big and there are many specialty companies. There are still many good targets."
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Suntec Reit Q1 DPU down 13% to S$0.01511 in absence of capital distribution
Sheng Siong Q1 net profit up 9.3% on higher revenue
Great Eastern chairman appeals for patience as shareholders fume over share price ‘disaster’
Changi Airport’s Q1 passenger movements surpass pre-pandemic levels
S&P Global first-quarter profit beats estimates on strong product demand
Malaysia mulls over plans for casino in Forest City as part of Johor-S’pore Special Economic Zone: sources