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Mitsui Sumitomo to Acquire W. R. Berkley's Reinsurance Arm for $1.5 Billion in Overseas Push
EconomyEN
Mitsui Sumitomo to Acquire W. R. Berkley's Reinsurance Arm for $1.5 Billion in Overseas Push

Mitsui Sumitomo Insurance (MSI) is acquiring W. R. Berkley's reinsurance unit for $1.5 billion. The deal is a strategic move to expand MSI's international business and diversify away from Japan's natural catastrophe risks.

Hong Kong Proposes Rule Change to Funnel Insurance Billions into Crypto
EconomyEN
Hong Kong Proposes Rule Change to Funnel Insurance Billions into Crypto

Hong Kong's Insurance Authority is proposing new rules to allow its 158 insurers to invest in crypto, requiring a 100% risk charge. The move could unlock billions in institutional capital for the Asian digital asset market.