Growing Japanese investment in Russia sparks deal between MSI and Ingosstrakh

Noriyuki Hara, president, chief executive officer of Mitsui Sumitomo Insurance

Japanese insurer Mitsui Sumitomo Insurance (MSI) has concluded a strategic alliance with Ingosstrakh Insurance Company, the fourth biggest non-life insurance company in the Russian Federation based on 2017 gross written premiums, in a deal designed to support the growing activities of Japanese companies in Russia. The latest move in Russia follows a series of deals and acquisitions carried out by…

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