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Tokio Marine Buys U.S. HNW Insurer in Multi-Billion Deal
The fourth-largest property and casualty insurer globally continues with its merger and acquisition strategy and makes another step into the world's largest insurance market. Tokio Marine has agreed to purchase 100 percent of U.S. insurer Pure Group, which caters to wealthy Americans, for about 320 billion Japanese yen ($3.1 billion),…
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