Berkshire Hathaway deal to supercharge Tokio Marine’s M&A
Business deals
Japanese insurer’s investment opportunities now seen having no ‘upper limit’
Tokio Marine Holdings is the first Japanese financial institution to receive an investment from Berkshire Hathaway. (Source photos by Nikkei and AP)
KAZUMA SHIROKAWA and YUMIKO OSHIMA
TOKYO — The new strategic partnership between Tokio Marine Holdings and Warren Buffett’s Berkshire Hathaway is expected to raise the ceiling on international acquisitions for Japan’s largest non-life insurance group.