MS&AD Insurance Group Holdings Acquires 18% Stake in Barings From MassMutual

November 19, 2025

MS&AD Insurance Group Holdings, via its subsidiary Mitsui Sumitomo Insurance (MSI), acquired an 18% equity stake in Barings from MassMutual. MassMutual retained 82% ownership and controlling governance rights, and Barings continues operating as an independent subsidiary of MassMutual.

Buyers
MS&AD Insurance Group Holdings, Inc., Mitsui Sumitomo Insurance Co., Ltd. (MSI)
Targets
Barings
Sellers
MassMutual
Location
North Carolina, United States
Transaction Type
Growth capital

Explore More

Related Acquisitions

Build a buyer list for your deal

Find active buyers from recent acquisition patterns and move straight into outreach.