Business / Corporate May 23, 2018

Mitsui Sumitomo to buy 37.5% stake in Chinese life insurer

Mitsui Sumitomo Insurance Co. said Wednesday it will buy a 37.5 percent stake in a medium-sized Chinese life insurance company for 4.33 billion yuan ($675 million) to tap the world's third-largest insurance market. Pending regulatory approvals, Mitsui Sumitomo, a unit of MS&AD Insurance Group Holdings ...

Business Sep 9, 2015

Takeover of Amlin makes other Lloyd's insurers bid targets

Amlin PLC's $5.3 billion takeover by a Japanese competitor has put the remaining four publicly traded Lloyd's of London insurers in the spotlight for a possible takeover. Beazley PLC, Hiscox Ltd., Lancashire Holdings Ltd. and Novae Group PLC all rallied in London trading after MS&AD ...