SINGAPORE/TOKYO Mitsui Sumitomo Insurance Company (MSI) is acquiring Singapore's First Capital Insurance for $1.6 billion from Canada's Fairfax Financial Holdings , in the biggest takeover by a Japanese insurer in populous Southeast Asia - a key target region for global players.
Aug 23 Japanese insurer Mitsui Sumitomo
Insurance has entered into a deal with Canada's Fairfax
Financial Holdings to buy Singapore-based insurer First
Capital for $1.6 billion, Fairfax said in a statement on