Japanese insurer Tokio Marine scouts for Asia, US deals with $9b war chest

Japanese insurer Tokio Marine scouts for Asia, US deals with $9b war chest

Tokio Marine Holdings Inc President and CEO Tsuyoshi Nagano poses for a photo at the company headquarters in Tokyo June 4, 2015. REUTERS/Toru Hanai

Japanese insurer Tokio Marine Holdings Inc,, one of the country’s most acquisitive companies, has a $9 billion war chest for overseas purchases and is scouting for deals in Asia as it looks to boost its profits from the region.

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