#Reinsurance

Japanese insurers' reinsurance payments abroad have increased ninefold over 10 years, deepening the national services trade deficit. Explore the structural reasons behind this capital flight.

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.