"Mitsui Sumitomo" redirects here. For the keiretsus, see Mitsui and Sumitomo Group. Not to be confused with Sumitomo Life Insurance Company or Sumitomo Mitsui Banking Corporation.
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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
Company type
Public (K.K)
Traded as
TYO: 8725
Industry
Insurance
Founded
October 21, 1918 (as Taishō Marine and Fire Insurance Co.) October 2001 (merger of Mitsui Marine & Fire Insurance Co. and The Sumitomo Marine & Fire Insurance)
Fate
Merged
Successor
MS&AD Insurance Group
Headquarters
Tokyo, Japan
Area served
Worldwide
Key people
Yoshiaki Shin, Chairman Toshiaki Egashira, President
Revenue
JP¥ 2,137,603 million (FY 2007)
Net income
JP¥ 40,027 million (FY 2007)
Number of employees
20,237 (2008)
Subsidiaries
Ceylinco Insurance (15%)[1]
Website
ms-ad-hd.com/en
MSIG headquarters in Tokyo, Japan
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]
MitsuiSumitomoInsuranceGroup Holdings, Inc. (三井住友海上グループホールディングス株式会社, MitsuiSumitomo Kaijō Gurūpu Hōrudingusu Kabushiki-Kaisha) is a Japanese insurance...
cohorts Mitsubishi and Mitsui, Sumitomo established a keiretsu business group centered on itself and Sumitomo Bank. Sumitomo's strategy focused on natural...
conglomerate, and the Mitsui SumitomoInsuranceGroup, a Japanese insurance company. The firm produces a range of insurance products, including motor, health...
The SumitomoMitsui Construction Company, Ltd. (三井住友建設株式会社, SumitomoMitsui Kensetsu kabushiki gaisha, SMCC) is a Japanese general construction company...
started as a joint venture between Max Financial Services and MitsuiSumitomoInsuranceGroup. The former owned 68% of the company while the latter owned...
SumitomoGroup (Japanese: 住友グループ, Hepburn: Sumitomo Gurūpu) is a Japanese corporate group and keiretsu that traces its roots to the zaibatsu groups that...
listed on the London Stock Exchange until it was acquired by MitsuiSumitomoInsuranceGroup in February 2016. The Company was formed on 28 September 1998...
Sumitomo Life Insurance Company (住友生命保険相互会社, Sumitomo Seimei Hoken Sōgo-gaisha, Sumisei) is a mutual life insurance company in Japan, founded in 1907...
of the SumitomoGroup. The company makes a wide range of rubber based products, including automobile tires, golf balls and tennis balls. Sumitomo tire brands...
Mitsui & Company (a trading company) SumitomoMitsui Banking Corporation (the first private bank in Japan) Mitsui Engineering & Shipbuilding Mitsui O...
It's a member of the Sumitomogroup and was founded in 1913 as a fertilizer manufacturing plant. 1913: The House of Sumitomo establishes a fertilizer...
General Insurance Co. Ltd. (Chola MS), a joint venture between ₹15,646 crores (US$3 billion) Murugappa Group and MitsuiSumitomoInsuranceGroup of Japan...
customers. Group presidents began meeting regularly in 1964. Unlike the keiretsu that developed from the Mitsubishi, Mitsui and Sumitomo zaibatsu remnants...
largest Japanese general trading companies, i.e. Itochu, Mitsubishi, Mitsui, Sumitomo, and Marubeni, through National Indemnity Company. These stakes were...
trust bank in Japan. JTSB is a joint venture between Resona Bank and SumitomoMitsui Trust Holdings, and acts as a subcontracted trustee for both banks...
Gothaer, HDI Gerling and national headquarters of Axa Insurance, MitsuiSumitomoInsuranceGroup and Zurich Financial Services. The German flag carrier...
Businessman Championships. As of 2010, Teshima coaches judo at the MitsuiSumitomoInsuranceGroup judo club, which she formerly belonged to. 1994 - Fukuoka International...
on 1 April 2001 to form SumitomoMitsui Banking Corporation (SMBC), a wholly owned subsidiary of SumitomoMitsui Financial Group (SMFG). However, in 2010...
Shizuoka Financial Group (TYO: 5831)(Holding company for Shizuoka Bank) SumitomoMitsui Financial Group, Inc. (TYO: 8316) SumitomoMitsui Trust Holdings,...
of houses made of wooden materials. The company is included in the SumitomoGroup keiretsu. At present, the company controls 40,500 hectares of forest...
Mitsubishi Tokyo Financial Group was challenged by the SumitomoMitsui Banking Group, another of Japan's large banking groups, which launched a competing...
Canadian financial services company. It is primarily known as a life insurance company. Sun Life has a presence in investment management with over CAD$1...
Global Information
JP¥ 2,137,603 million (FY 2007)