Mitsui Sumitomo Insurance Group
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- Not to be confused with Sumitomo Life Insurance Company, a mutual insurance organization.
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Public KK (TYO: 8725) | |
Industry | Insurance |
Fate | merged |
Successor | MS&AD Insurance Group |
Founded | 2001 (from merger) |
Headquarters | Tokyo, Japan |
Area served
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Worldwide |
Key people
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Yoshiaki Shin, Chairman Toshiaki Egashira, President |
Revenue | ![]() |
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Number of employees
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20,237 (2008) |
Website | www.MSIG.com |
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]
Contents
Group companies
Non-life insurance
Life insurance
Companies not based in Japan
- MSIG Insurance Europe AG
- MS Frontier Reinsurance Ltd.
- Mitsui Sumitomo Reinsurance Ltd.
- Mitsui Sumitomo Insurance London Management Ltd.
- MSI GuaranteedWeather, LLC
- part,llc
Financial services
- InterRisk Research Institute & Consulting, Inc.
- MITSUI SUMITOMO INSURANCE Care Network Co., Ltd.
- American Appraisal Japan Co., Ltd.
References
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