Mitsui Sumitomo
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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 protect ...
holding company A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share ...
headquartered in
Tokyo Tokyo, officially the Tokyo Metropolis, is the capital of Japan, capital and List of cities in Japan, most populous city in Japan. With a population of over 14 million in the city proper in 2023, it is List of largest cities, one of the most ...
, 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 bo ...
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 MS Amlin Ltd is an insurer operating in the Lloyd's, UK, Continental Europe and Bermudian markets. Specialising in providing insurance cover to commercial enterprises and reinsurance protection to other insurance companies around the world, MS ...
for £3.5bn.


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 MS Amlin Ltd is an insurer operating in the Lloyd's, UK, Continental Europe and Bermudian markets. Specialising in providing insurance cover to commercial enterprises and reinsurance protection to other insurance companies around the world, MS ...
* 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


Risk-related businesses

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


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