News - Japan: Sompo Japan and Nipponkoa to establish joint holding company
Source: Asia Insurance Review | Apr 2009
Sompo Japan Insurance and Nipponkoa Insurance have agreed to establish a Joint Holding Company and through joint stock transfers become wholly-owned subsidiaries of the joint holding company. This is subject to the approval of shareholders as well as regulatory approvals. This business integration is aimed to be completed in April 2010.
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