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
Life insurance
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
- InterRisk Research Institute & Consulting, Inc.
- MITSUI SUMITOMO INSURANCE Care Network Co., Ltd.
- American Appraisal Japan Co., Ltd.
Annual Reports
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.
External links
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