Mitsui Sumitomo Insurance to double U.K. underwriting, CEO says

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20240221N Mitsui Sumitomo Funabiki

Mitsui Sumitomo Insurance CEO and President Shinichiro Funabiki speaks in London. (Photo obtained by Nikkei)

AKIRA YAMASHITA, Nikkei staff writer

LONDON -- Japan's Mitsui Sumitomo Insurance plans to roughly double its insurance underwriting capacity in the U.K. to 3 billion pounds ($3.78 billion) within five years, the company's chief told Nikkei in an interview.

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