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, Mitsui Sumitomo Kaijō Gurūpu Hōrudingusu Kabushiki-Kaisha) is a Japanese insurance holding company headquartered in Tokyo, Japan.

"Mitsui Sumitomo" redirects here. For the keiretsus, see Mitsui and Sumitomo Group.
Not to be confused with Sumitomo Life Insurance Company, a mutual insurance organization.
Mitsui Sumitomo Insurance Group Holdings, Inc.
Native name
三井住友海上グループホールディングス株式会社
Public (K.K)
Traded asTYO: 8725
ISINJP3890310000 
IndustryInsurance
FateMerged
SuccessorMS&AD Insurance Group
FoundedOctober 21, 1918 (as Taishō Marine and Fire Insurance Co.)
October 2001 (merger of Mitsui Marine & Fire Insurance Co. and The Sumitomo Marine & Fire Insurance)
HeadquartersTokyo, Japan
Area served
Worldwide
Key people
Yoshiaki Shin, Chairman
Toshiaki Egashira, President
Revenue JP¥ 2,137,603 million (FY 2007)
JP¥ 40,027 million (FY 2007)
Number of employees
20,237 (2008)
ParentMS&AD Insurance Group Holdings 
Websitems-ad-hd.com/en
MSIG headquarters 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.[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., Ltd.

Life insurance
  • Mitsui Sumitomo Kirameki Life Insurance Co., Ltd.
  • Mitsui Sumitomo MetLife insurance Co., Ltd.

Companies not based in Japan
  • Amlin, plc
  • Cholamandalam MS General Insurance
  • MSIG Insurance Europe AG
  • 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
  • Sumitomo Mitsui Asset Management Co., Ltd.
  • MITSUI SUMITOMO INSURANCE Venture Capital Co., Ltd.
  • InterRisk Research Institute & Consulting, Inc.
  • MITSUI SUMITOMO INSURANCE Care Network Co., Ltd.
  • American Appraisal Japan Co., Ltd.

Annual Reports
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References
  1. MS&AD Insurance Inc. . 2013.
  2. "Mitsui Sumitomo to buy insurer Amlin for £3.5bn". FT. 8 September 2015. Retrieved 1 October 2015.
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