Mitsui Sumitomo Insurance Group

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File:Tokyo Sumitomo Twin Building01s5.jpg
MSIG headquarters in Tokyo, Japan

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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.[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

  • Mitsui Sumitomo Insurance Co

Life insurance

  • Mitsui Sumitomo Kirameki Life Insurance Co
  • Mitsui Sumitomo MetLife insurance Co

Companies not based in Japan

  • Amlin
  • Cholamandalam MS General Insurance
  • MSIG Insurance Europe
  • MSIG Insurance Vietnam Company
  • MS Frontier Reinsurance
  • MS First Capital Insurance
  • Mitsui Sumitomo Reinsurance
  • Mitsui Sumitomo Insurance London Management
  • MSI Guaranteed Weather
  • Mitsui Sumitomo Insurance
  • MS Transverse Insurance

Financial services

  • Sumitomo Mitsui Asset Management Co
  • Venture Capital Co

Risk-related businesses

  • InterRisk Research Institute & Consulting
  • Mitsui Sumitomo Insurance Care Network Co
  • American Appraisal Japan Co

Annual Reports

References

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  1. MS&AD Insurance Inc. [1]. 2013.
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External links

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