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Mitsui Sumitomo Insurance Group Holdings and the two rivals are considering the merger in its operations to become the largest non-life insurance in Japan, Japan's NHK television reported on Sunday (28/12).Sumitomo Mitsui, non-life insurance companies that are negotiating the second largest with Aioi Insurance and Nissay Dowa General Insurance for the merger, according to NHK without naming its sources."The negotiations were in final stages," NHK said, adding that three insurance companies that hoped to reach an agreement basis in early January so that they can immediately operate the business under a single holding company next year.
