Mitsui Sumitomo Insurance Group

"Mitsui Sumitomo" redirects here. For the keiretsus, see Mitsui and Sumitomo Group.
Not to be confused with Sumitomo Life Insurance Company, a mutual insurance organization.
Mitsui Sumitomo Insurance Group Holdings, Inc.
Public KK (TYO: 8725)
Industry Insurance
Fate merged
Successor MS&AD Insurance Group
Founded 2001 (from merger)
Headquarters Tokyo, Japan
Area served
 Worldwide
Key people
 Yoshiaki Shin, Chairman
Toshiaki Egashira, President
Revenue Increase JP¥ 2,137,603 million (FY 2007)
Increase JP¥ 40,027 million (FY 2007)
Number of employees
 20,237 (2008)
Website www.MSIG.com
MSIG headquarters in Tokyo, Japan

Mitsui Sumitomo Insurance Group Holdings, Inc. (三井住友海上グループホールディングス株式会社 Mitsui Sumitomo Kaijō Gurūpu Hōrudingusu Kabushiki-Kaisha) is a Japanese insurance holding company headquartered in Tokyo, Japan.

MSIG was formed in 2001 from the merger of Mitsui Marine & Fire Insurance Co. and The Sumitomo Marine & Fire Insurance. In 2010 April Aioi Insurance Co., Ltd., Nissay Dowa General Insurance Co., Ltd., merged into MSIG, making the group's name changed in to MS&AD Insurance Group Holdings, Inc.. According to this business integration, MS&AD has become the largest property insurance company in Japan, with market share of 33% in 2013.[1]

On 8 September 2015, it was announced that Mitsui Sumitomo had agreed to buy the UK Insurance firm Amlin for £3.5bn[2]

Group companies

Non-life insurance

Life insurance

Companies not based in Japan

Financial services

Risk-related businesses

References

  1. ↑ MS&AD Insurance Inc. . 2013.
  2. ↑ "Mitsui Sumitomo to buy insurer Amlin for £3.5bn". FT. 8 September 2015. Retrieved 1 October 2015.

External links

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