Post by Barings
99,099 followers
Barings and MassMutual today announced that MS&AD Insurance Group Insurance Holdings, Inc. (“MS&AD”) has completed the acquisition of an 18% equity stake in Barings through its subsidiary, Mitsui Sumitomo Insurance Co., Ltd. (“MSI”), a leading Japanese insurance company. With the successful closing of this transaction, Barings and MassMutual welcome a long-term strategic partner committed to accelerating Barings’ growth through additional capital and assets. Barings will manage an increased share of MS&AD’s general investment account and help strengthen the insurance company’s investment portfolio through its capabilities across credit, real assets, capital solutions and emerging markets. Learn more: https://ow.ly/5Czn50YZ0m0