Type Public K.K. Area served Worldwide Revenue 2.138 trillion JPY (2007) | Traded as TYO: 8725 Fate Merged Successor MS&AD Insurance Group Founded 2000 | |
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Key people Yoshiaki Shin, ChairmanToshiaki Egashira, President CEO Noriyuki Hara (1 Apr 2016–) Parent organization Mitsui Sumitomo Insurance Group Profiles | ||
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.
Contents
- Non life insurance
- Life insurance
- Companies not based in Japan
- Financial services
- Risk related businesses
- Annual Reports
- References
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.
On 8 September 2015, it was announced that Mitsui Sumitomo had agreed to buy the UK Insurance firm Amlin for £3.5bn