INSURANCE COVERAGE INFORMATION
Sompo to swoop for US-based plant insurance company
Japanese insurance policy titan Sompo Holdings will certainly get Diversified Plant Insurance coverage Solutions (DCIS), the plant insurance policy arm of American grain investor CGB Enterprises.
The bargain is approximated at around ¥ 40 billion to ¥ 50 billion ($ 376 million to $470 million). When shut, it will certainly make Sompo among the biggest plant insurance companies on the planet, with overall GWP going beyond US$ 2 billion, according to a record by Reuters.