LONDON - 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.
"North America is the biggest insurance market in the world, there are going to be opportunities there, there are opportunities in Asia and Europe, Canada and Australia," Williams said. "We have aspirations to grow our business in all of those locations.
"We track all the public companies you'd expect around the world," he said. "Our strategy when we look at these businesses is to say what's been the flight path, what are the results...over a period of time." Insurers are facing further geopolitical risk this year, with a raft of elections, including in the United States.
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