See every side of every news story
Get Started
SubscribeLogin
Israel-Hamas Conflict
Baseball
Natural Disasters
Stock Markets
Social Media
Tariffs
UK Economy
Taxes
Soccer
Donald Trump
Education
Senate
Artificial Intelligence
Published • loading... • Updated

Mitsui Sumitomo Insurance to buy 15% of BlackRock-backed W. R. Berkley

Summary by Nikkei
TOKYO -- Japan's Mitsui Sumitomo Insurance said Friday it will spend $3.8 billion to acquire a 15% stake in U.S. insurer W. R. Berkley in a bid to tap

6 Articles

All
Left
Center
Right
5
読売新聞オンライン読売新聞オンライン
Lean Right

Planned Merger Will Lead to Domination of 3 Mega Insurers; Sector’s Quarter-Century-Long Reorganization Reaching Conclusion

Mitsui Sumitomo Insurance Co. and Aioi Nissay Dowa Insurance Co. have entered into merger discussions, with the target date for the merger set for April 2027.

·Japan
Read Full Article
Investor's Business DailyInvestor's Business Daily
Right

Insurance Stock Jumps As Japanese Investor Takes 15% Stake

W.R. Berkley on Friday confirmed a deal for Japan-based insurance firm Mitsui Sumitomo to buy a 15% stake. WRB stock jumps double digits. The post Insurance Stock Jumps As Japanese Investor Takes 15% Stake appeared first on Investor's Business Daily.

Read Full Article
NikkeiNikkei
Lean Right

Mitsui Sumitomo Insurance to buy 15% of BlackRock-backed W. R. Berkley

TOKYO -- Japan's Mitsui Sumitomo Insurance said Friday it will spend $3.8 billion to acquire a 15% stake in U.S. insurer W. R. Berkley in a bid to tap

·Japan
Read Full Article
Financial PostFinancial Post
Lean Right

W. R. Berkley Corporation Confirms Mitsui Sumitomo Insurance Co. Intends to Purchase 15% of the Company's Shares in Open Market or Private Transactions From Third Parties

MSI also entered into a voting arrangement with a company that is owned by the Berkley family and trusts for their benefit, which holds approximately 16% of the Com…

·Canada
Read Full Article
Owensboro Messenger-InquirerOwensboro Messenger-Inquirer
Lean Right

W. R. Berkley Corporation Confirms Mitsui Sumitomo Insurance Co. Intends to Purchase 15% of the Company’s Shares in Open Market or Private Transactions From Third Parties

GREENWICH, Conn.--(BUSINESS WIRE)--Mar 28, 2025-

Read Full Article
BizTocBizToc

W. R. Berkley Stock Soars After Mitsui Sumitomo Investment Signals Long-Term Growth Alignment

W. R. Berkley Corporation (NYSE:WRB) shares surged Friday after the company confirmed that Japan's Mitsui Sumitomo Insurance (MSI) will acquire a 15% stake through a newly announced investment and voting agreement. The stake will be acquired through open market purchases or private third-party…

Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources lean Right
100% Right
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Owensboro Messenger-Inquirer broke the news in on Friday, March 28, 2025.
Sources are mostly out of (0)

Similar News Topics

BlackRock

BlackRock

Asia

Asia

Stock Markets

Stock Markets

Japan

Japan

Japan Economy

Japan Economy

Asian Economy

Asian Economy

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.

News
For You
SearchBlindspotLocal