Insurance giant becomes latest insurer from Japan to launch overseas acquisition in face of slow growth at home

Japan’s Mitsui Sumitomo Insurance (MSI) has agreed to buy Britain’s Amlin, the latest Japanese insurer to launch an overseas acquisition while it faces slowing growth at home.

The $5.3bn (£3.47bn) all-cash deal is expected to be completed by the end of March 2016, the company said on Tuesday.

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Source: The Guardian Circular Economy RSS