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Sompo Holdings Inc (8630.T)

8630.T on Tokyo Stock Exchange

4,246JPY
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¥-23 (-0.54%)
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¥4,269
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¥4,299
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Volume
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Japan insurers to target China M&A in new phase after £38.26 billion overseas push

HONG KONG/TOKYO Japanese insurance companies have spent more than $50 billion (38.26 billion pounds) on acquisitions over the past five years to become the world's second-largest buyer of insurance assets, and the deals spree won't be slowing down any time soon.

DEALTALK- Japan insurers to target China M&A in new phase after $50 bln overseas push

* Japanese insurers spent $53 billion since 2014 on acquisitions

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