Mitsui launches US weather insurance product
(BESTWIRE) Mitsui Sumitomo Insurance has launched weather insurance in the United States with a target to reach 1 billion yen (US$11.2 million) in sales within the next three years.
The Tokyo-based nonlife insurer said it is the first Japanese insurance company to sell weather insurance in the U.S. market. With a maximum coverage of US$175,000 for an insured claim, the weather
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