Browsing: mergers

MS&AD Insurance Group Holdings Inc. announced the merger of its core non-life insurance subsidiaries, Mitsui Sumitomo Insurance and Aioi Nissay Dowa Insurance, with a target date of April 2027.

Two major Japanese insurance companies, Mitsui Sumitomo Insurance and Aioi Nissay Dowa Insurance, are set to begin merger discussions, aiming to create the largest non-life insurance company in Japan.

Mitsui Sumitomo Insurance Co. and Aioi Nissay Dowa Insurance Co. to merge in 2027, forming the nation’s largest non-life insurer.

MS&AD Insurance Group Holdings plans to merge Mitsui Sumitomo Insurance and Aioi Nissay Dowa Insurance by April 2027 to create a leading non-life insurance company in Japan.

Life Insurance Corporation of India (LIC) is considering acquiring a stake in a health insurance company by the end of March to compete in the growing market.

Stakeholders suggest mergers to address excessive competition and improve service quality in Bangladesh’s insurance industry.

Investment firm New Mountain Capital has reached an agreement to purchase the commercial insurance division of NSM Insurance Group, a Pennsylvania-based company.