TOKYO -- Japan's Sompo Holdings has agreed to acquire Italian agricultural insurer Assicurazioni Rischi Agricoli VMG 1857 as climate change drives demand for protection against increasingly frequent and severe extreme weather events.
Business deals
Eyeing climate change, Japan's Sompo to buy Italian crop insurer
Extreme weather boosts demand for agricultural coverage
A wheat farmer in France. Crop insurance can protect against extreme weather and market fluctuations. © Reuters
Read Next
Latest on Business deals
