Tokio Marine eyes M&As to expand Thai, Indian business
Posted On: Jun. 18, 2019 6:32 AM CST
Japanese insurer Tokio Marine Holdings Inc. is looking for mergers and acquisitions in India and Thailand to expand its business in the two countries and drive overseas premium growth to 50%, The Nation reported. Noboru Yamagata, managing executive officer at Tokio Marine, said that the insurer is looking to boost premium growth in Asia to 20% this year from 10% in 2018.