Hints and tips:
...But as of this week, the five biggest — Mitsubishi, Mitsui, Itochu, Marubeni and Sumitomo — have something in common: Warren Buffett as a shareholder....
...Mitsui Sumitomo Aioi Life Insurance, for example, is offering cancer insurance via multi-function copiers at 7-Eleven convenience stores across the country from this week....
...Commonwealth Bank of Australia will sell its 37.5 per cent stake in a Chinese life insurer to Japan’s Mitsui Sumitomo Insurance for Rmb3.2bn ($502.3m), the bank said on Wednesday....
...• Sumitomo Mitsui Trust has made three appointments to its newly integrated Sumitomo Mitsui Trust Asset Management company....
...$5bn takeover of StanCorp Financial Group by Meiji Yasuda Life Insurance and the $3.8bn purchase of Symetra Financial by Sumitomo Life Insurance in 2016....
...If that is the case, then among the biggest winners stand to be Japanese lenders MUFG, Mizuho Financial Group and Sumitomo Mitsui Financial Group, whose business models are not only directly eroded by Japan...
...Since Mitsui Sumitomo’s acquisition of Amlin in February, the Japanese group now generates about 25 per cent of its profits from overseas insurance businesses, building on its traditional strengths in Malaysia...
...The rating agency revised down its outlook on banking groups such as Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, Mizuho Financial Group and Shizuoka Bank....
...A predilection for nautical gents extends to Japanese insurer Mitsui Sumitomo, which is paying an eye-watering £3.5bn for Lloyd’s insurer Amlin, whose specialities include marine cover....
...But now the price has gone up, that yield is not so attractive any more,” said Genzo Kimura, an analyst at Sumitomo Mitsui Trust Bank....
...Shenzhen-based Foresea Life Insurance devoted $101m, according to the terms....
...On Wednesday, in a further effort to bolster its investment story ahead of the listing, Japan Post announced a new joint venture with Nomura Holdings and Sumitomo Mitsui Trust Bank that will sell investment...
...Among the beneficiaries that would be able to raise their stakes are the UK’s Standard Life , which wants to list its joint venture with HDFC, and Mitsui Sumitomo and Nippon Life of Japan, whose partners...
...The Goldman deal, which the bank is calling a “covered obligation,” uses a TRS provided by a joint venture between the bank and Mitsui Sumitomo Insurance on a changeable portfolio of fixed income assets....
...The move would give more than two dozen global insurance groups with existing Indian joint ventures, including Prudential and Standard Life of the UK and Japan’s Nippon Life and Mitsui Sumitomo, the chance...
...When Richard Williams’ train was delayed this month on the way in to London for a morning executives’ meeting, the chief information officer of Mitsui Sumitomo Insurance was unfazed....
...Sumitomo Mitsui Trust Bank is offering a year’s free car insurance in exchange for investment of at least Y500,000....
...The company said it has signed agreements to partner with Sumitomo Mitsui Trust Bank, the largest institutional investor in Japan, and Nippon Life Insurance, Japan’s largest private life insurer, which both...
...In Japan, banks seem to have faith in the prime minister’s Abenomics as evidenced by Sumitomo Mitsui’s Y200bn buyback of a state-owned stake....
...This year Japan’s Mitsui Sumitomo Insurance paid $535m for a 26 per cent stake in India’s Max New York Life, the limit for foreign company ownership....
...(Reuters live blog)(Financial Times) “Asian stocks swung between gains and losses after mixed earnings at companies from Honda Motor Co. to Sumitomo Mitsui Financial Group Inc. and LG Display Co....
...Mitsui Sumitomo Insurance will buy a 26 per cent stake in India’s Max New York Life, continuing a run of deals by Japanese life companies across Asia....
...Aozora Bank climbed 4.5 per cent to Y187, while Sumitomo Mitsui Trust Holdings gained 2.7 per cent to Y2,588....
...Financials also took a hit, with Sumitomo Mitsui Financial Group down 1.9 per cent, Nomura Holdings off 1.5 per cent and Dai-Ichi Life Insurance retreating 1.6 per cent....
International Edition