Tokio Marine Holdings Inc (MH6.HA)

Exclusive-Tokio Marine has $10 billion for potential acquisitions, executive says

Tokio Marine could potentially spend around $10 billion on overseas acquisitions and is patiently tracking public companies around the world, the co-head of the Japanese insurer's expanding international business told Reuters. Tokio Marine's international business has grown to more than 50% of the company's profits, compared with less than 3% 20 years ago, with its most recent large acquisitions in the U.S. market. "Something we could do relatively easily would be in the $10 billion range," Chris Williams, co-head of Tokio Marine's international business said in an interview on Monday.