Fairfax Financial and Mitsui Sumitomo Insurance Company have unveiled a global strategic alliance that revolves around the latter buying the majority of Singapore-based First Capital Insurance from Fairfax but which also has wider implications for the way the two companies manage their reinsurance buying.
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Fairfax, Mitsui Sumitomo, M&A, Acquisition, First capital insurance, Ramaswamy Athappan, Prem Watsa, Masahiro Matsumoto, Asia pacific, Global