
TOKYO -- Japanese insurance provider Tokio Marine Holdings will acquire U.S. counterpart Pure Group for $3.1 billion, the company said Thursday, in a bid to maintain profit growth against mounting climate disaster payouts.
Increase in natural disasters prompts Japanese company to diversify overseas portfolio
TOKYO -- Japanese insurance provider Tokio Marine Holdings will acquire U.S. counterpart Pure Group for $3.1 billion, the company said Thursday, in a bid to maintain profit growth against mounting climate disaster payouts.
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