Mitsui Sumitomo Insurance
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is a Japanese
insurance Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge ...
holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...
headquartered in
Tokyo Tokyo (; ja, 東京, , ), officially the Tokyo Metropolis ( ja, 東京都, label=none, ), is the capital and List of cities in Japan, largest city of Japan. Formerly known as Edo, its metropolitan area () is the most populous in the world, ...
, 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 Property insurance provides protection against most risks to property, such as fire, theft and some weather damage. This includes specialized forms of insurance such as fire insurance, flood insurance, earthquake insurance, home insurance, or ...
company in Japan, with market share of 33% in 2013. On 8 September 2015, it was announced that Mitsui Sumitomo had agreed to buy the UK insurance firm Amlin for £3.5bn.


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 Cholamandalam MS General Insurance Company Ltd (Chola MS) is an Indian insurance firm and a joint venture between the Murugappa Group, an Indian conglomerate, and the Mitsui Sumitomo Insurance Group, a Japanese insurance company. The firm prod ...
* 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.


Risk-related businesses

* InterRisk Research Institute & Consulting, Inc. * MITSUI SUMITOMO INSURANCE Care Network Co., Ltd. * American Appraisal Japan Co., Ltd.


Annual Reports

*
MSIG Annual Report 2008
' *
MSIG Annual Report 2014
'


References


External links


Mitsui Sumitomo Insurance Group

Mitsui Sumitomo Insurance – Oceania
{{Authority control Companies listed on the Tokyo Stock Exchange Companies listed on the Osaka Exchange Insurance companies based in Tokyo Mitsui Japanese brands Sumitomo Group Japanese companies established in 2001 Financial services companies established in 2001 Holding companies established in 2001 Holding companies based in Tokyo MS&AD Insurance Group