Sompo Japan and Dai-ichi Life to strengthen tiesBusiness Alliance Agreement • May 1st, 2008
Contract Type FiledMay 1st, 2008Since forging a comprehensive business alliance in August 2000, Sompo Japan Insurance Inc. (hereinafter “Sompo Japan,” President: Masatoshi Sato) and the Dai-ichi Mutual Life Insurance Company (hereinafter “Dai-ichi Life,” President: Katsutoshi Saito) have collaborated in a multitude of ways in various fields, including cross-selling of each other’s insurance products. Based on the spirit of this comprehensive business alliance, for further leveraging its benefits, the two companies today agreed to bolster the partnership mainly by reciprocal investment in each other’s subsidiaries.