Life in stagnant sector

Article Abstract:

Tokio Marine and Fire Insurance Co., the leading casualty-insurance firm in Japan, and two other insurance firms, Asahi Mutual Life Insurance Co. and Nichido Fire and Marine Insurance Co., are entering into the last stage of negotiations that could eventually lead to a merger.

INSURANCE CARRIERS, Surety insurance, Tokio Marine and Fire Insurance Company Ltd., Asahi Mutual Life Insurance Co., Nichido Fire and Marine Insurance Company Ltd.

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Sampo to buy stake in rival Pohjola. (Finland's Sampo Insurance Group Oyj buys 23.6% of Pohjola Oyj)

Article Abstract:

Finland's insurance giant Sampo Insurance Group buys 23.6 percent of Pohjola Oyj, another Finnish insurance company for 377 million in Euro dollars. Sampo Insurance Group also announced a merger with Leonia Bank. As part of buying a stake in Pohjola, Sampo Insurance acquired Pohjola's stake in Skandia Group Forsakrings AB, a Swedish insurance company.

Finland, Commercial Banks, Commercial Banking, Sweden, Alliances, partnerships, Banking industry, Sampo Oyj, Pohjola Insurance Company Ltd., Leonia Bank, Skandia Group Forsakrings AB

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Aetna to buy Heiwa stake; U.S. firm warms up to Japan insurance market

Article Abstract:

This article discusses the deal between U.S.-based Aetna International Inc. and Heiwa Life Insurance Co. The deal involves Aetna's purchase of a 33% share of Heiwa in a broad business and capital alliance.

United States, Foreign operations, Aetna International Inc., Heiwa Life Insurance Co.

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