Japanese insurer Tokio Marine has $10b for potential acquisitions

Japanese insurer Tokio Marine has $10b for potential acquisitions

A logo of Tokio Marine & Nichido Fire Insurance Co is seen in Tokyo, Japan, May 19, 2016. REUTERS/Toru Hanai/File Photo

Tokio Marine could potentially spend around $10 billion on overseas acquisitions and is patiently tracking public companies around the world, the co-head of the Japanese insurer’s expanding international business told Reuters.