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Itochu to Enter U.S. Insurance Distribution Biz

Itochu to Enter U.S. Insurance Distribution Biz

   Tokyo, May 28 (Jiji Press)--Japanese trading house Itochu Corp. said Wednesday that it will enter the retail insurance distribution business in the United States in partnership with the Neo Group.
   Itochu acquired a stake in Churchill Innovative Holdings LLC, the Florida-based parent of the Neo Group, in a deal estimated to be worth billions of yen.

(2025/05/28-17:50)

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AFP-JIJI PRESS NEWS JOURNAL

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