BREAKING NEWS: Mitsui Sumitomo buys Amlin for £3.4bn


Mitsui Sumitomo Insurance Company will acquire Amlin Insurance for ¥634.7 billion (£3.4 billion), the company has confirmed. Charles Philipps, chief executive of Amlin, said the deal would provide Amin with the “financial muscle” and scale to succeed long term.

Mitsui Sumitomo Insurance Company, Amlin Insurance, Charles Philipps, Yasuyoshi Karasawa, London, Europe, Asia-Pacific

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