INTERVIEW: Japan Insurer MS&AD to Consolidate Domestic Bases

INTERVIEW: Japan Insurer MS&AD to Consolidate Domestic Bases
Tokyo, Jan. 12 (Jiji Press)--Major Japanese nonlife insurer MS&AD Insurance Group Holdings Inc. plans to consolidate its domestic bases ahead of the planned merger in April 2027 of its key subsidiaries, its president, Shinichiro Funabiki, said in a recent interview. "Without a certain level of integration, we cannot achieve cost reductions," Funabiki said, suggesting that the insurance group...