Mitsui Sumitomo Insurance Group

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Mitsui Sumitomo Insurance Group Holdings, Inc.

Native name	三井住友海上グループホールディングス株式会社
Company type	Public (K.K)
Traded as	TYO: 8725
Industry	Insurance
Founded	October 21, 1918 (as Taishō Marine and Fire Insurance Co.) October 2001 (merger of Mitsui Marine & Fire Insurance Co. and The Sumitomo Marine & Fire Insurance)
Fate	Merged
Successor	MS&AD Insurance Group
Headquarters	Tokyo, Japan
Area served	Worldwide
Key people	Yoshiaki Shin, Chairman Toshiaki Egashira, President
Revenue	JP¥ 2,137,603 million (FY 2007)
Net income	JP¥ 40,027 million (FY 2007)
Number of employees	20,237 (2008)
Subsidiaries	Ceylinco Insurance (15%)^[1]
Website	ms-ad-hd.com/en

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. (itself descended from the Taishō Marine and Fire Insurance Co. founded in 1918) 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.^[2]

On 8 September 2015, it was announced that Mitsui Sumitomo had agreed to buy the UK insurance firm Amlin for £3.5bn.^[3]

Group companies

Non-life insurance

Mitsui Sumitomo Insurance Co., Ltd.

Life insurance

Mitsui Sumitomo Kirameki Life Insurance Co., Ltd.
Mitsui Sumitomo MetLife insurance Co., Ltd.

Companies not based in Japan

Amlin, plc
Cholamandalam MS General Insurance
MSIG Insurance Europe AG
MSIG Insurance Vietnam Company Limited
MS Frontier Reinsurance Ltd.
Mitsui Sumitomo Reinsurance Ltd.
Mitsui Sumitomo Insurance London Management Ltd.
MSI GuaranteedWeather, LLC
part, llc
Mitsui Sumitomo Insurance – Oceania

Financial services

Sumitomo Mitsui Asset Management Co., Ltd.
MITSUI SUMITOMO INSURANCE Venture Capital Co., Ltd.

Risk-related businesses

InterRisk Research Institute & Consulting, Inc.
MITSUI SUMITOMO INSURANCE Care Network Co., Ltd.
American Appraisal Japan Co., Ltd.

Annual Reports

MSIG Annual Report 2008
MSIG Annual Report 2014

References

^ "Ceylinco Insurance Annual Report 2019" (PDF). www.cdn.cse.lk. Colombo Stock Exchange. Retrieved March 2, 2020.
^ MS&AD Insurance Inc. [1]. 2013.
^ "Mitsui Sumitomo to buy insurer Amlin for £3.5bn". FT. 8 September 2015. Retrieved 1 October 2015.