Mitsui Sumitomo Insurance Group

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) 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

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

Annual Reports

References

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