Japan’s Fuji Fire & Marine has agreed with a Japanese subsidiary of American International Group to align in the non-life insurance field. The move could strengthen Fuji’s product development and marketing in Japan’s fiercely competitive insurance market.
Fuji plans to allot 10.3 million shares through a third-party stock allocation to the AIG unit, and will buy roughly the same amount of AIG shares.
Topics AIG
Was this article valuable?
Here are more articles you may enjoy.
New York High Court Unleashes Expanded Liability for Pet Owners 
New Jersey Wildfire 75% Contained; Crews to Remain on Scene Until ‘Significant’ Rain 
Cincinnati Financial Finishes Q1 in the Red Due to Catastrophes 
Marsh Sues Aon, Ex-Team Leader Over Exit of 20 Construction Surety Employees 
