TOKYO -- Japanese trading house Itochu will acquire a 20% stake in Thai non-life insurer Thaivivat Insurance, a deal that highlights the global investor's interest in the Southeast Asian country's growing insurance market.
Insurance
Japan's Itochu to buy 20% stake in Thai non-life insurer
Trading house says local market promising despite sluggish auto sales
Trading house Itochu, which invests globally, will expand its finance business in Thailand. (Photo by Yuki Nakao)
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