Aioi Nissay Dowa becomes first Japanese non-life insurer to establish broking operation in Russia and Kazakhstan
Source: Asia Insurance Review | Dec 2014
In July this year, Aioi Nissay Dowa Insurance Company Ltd (ADI), a member of MS&AD Insurance Group, had established LLC Toyota Insurance Management (Insurance Brokers) in Moscow, Russia, as a wholly owned subsidiary of Toyota Insurance Management Limited, in which the Aioi Nissay Dowa Insurance Company of Europe Ltd (a wholly owned European subsidiary of ADI) holds a 75% stake.
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