Mitsui Sumitomo
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MS Amlin’s ownership of the London-based firm will now transfer to the Japanese corporation directly.
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Jebi is said to have hit third layers of some occurrence covers while Trami has eaten through back-up protections.
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The MS Amlin parent cites diversification into new risks as one of the criterion when picking targets.
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The Japanese insurer aims to invest in tech start-ups.
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The deals will help MS&AD access Japanese clients in Africa.
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