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.
Jury Awards 78-Year-Old Victim $56 Million for Crash Caused by Amazon Delivery Driver 
Berry Producer Driscoll’s Sued Over Alleged Greenwashing, Use of Forever Chemicals 
US P/C Industry Books Best Result in a Decade but Not All Lines Enjoy Success 
NYC Says Source of Legionnaires’ Disease Has Been Eliminated 
