07 Sep 2018
Japan’s Tokio Marine Group to acquire 22.5% stake in Hollard Insurance Group
By Janice Roberts
The Hollard Insurance Group today announced a ground-breaking partnership with the Tokio Marine Group, the largest insurance group in Japan and among the largest in the world. Subject to regulatory approval, Tokio Marine will acquire a 22.5% stake in Hollard South Africa and Hollard International for approximately R5 billion, fulfilling Hollard’s long-held goal of partnering...
