Mitsui Sumitomo Insurance
Established in 1918, Mitsui Marine & Fire Insurance Co., Ltd. merged with Sumitomo Marine & Fire Insurance Co., Ltd. in 2001 to form Mitsui Sumitomo Insurance Co., Ltd. In addition to automobile, fire and personal accident, Mitsui Sumitomo Insurance also offers insurance services for satellite launches.
See below for the Latest Mitsui Sumitomo Insurance News, Analysis, Profit Results, Share Price Information, and Commentary.
MS First Capital Insurance’s underwriting drives consistent profitability
MS First Capital Insurance’s underwriting drives consistent profitability
Shareholders’ equity, which reached $900m (S$1.2b) in 2023.
Mitsui Sumitomo Insurance, Coalition expand cyber insurance in Australia
Coalition has brought its Active Insurance model to over 1,400 policyholders.
How did APAC insurers fare in 2023?
The average premium earned by these companies grew by just 1.3%.
Japan’s vehicle insurance costs to climb in new year
The country’s big 4 players may raise premiums up to 5%.
MSI China’s capital buffers stay healthy in 2024
The insurer's Japanese-related business will continue to drive its underwriting profit.
Bigmotor scandal exposes thousands of fraudulent claims
About 30% of claims investigated in the past 5-8 years were fraudulent.
FSA commands Sompo and other insurers to report info leaks
The insurer revealed that employees had leaked client information.
Japanese insurer plans merger of European branches
The merger is aimed to be completed around the summer of next year.
MS First Capital elects new CEO after the passing of former
Ramaswamy Athappan passed away last month.
Mitsui Sumitomo Insurance boasts strong capital base: AM Best
Thanks to its resilient capital base and strategic equity disposal plans.
Mitsui Sumitomo, Aioi Nissay issue joint cat bonds
This issuance marks the 7th for Mitsui Sumitomo Insurance.
Japan's major non-life insurers set to weather earthquake losses, strong capital buffers to cushion impact
AM Best said the major non-life insurers carry diversified portfolios and strong capital positions.
Japan plans of space tourism insurance by 2030: Report
The plan is to provide coverage for injuries and other issues that could arise during space travel, akin to conventional travel insurance policies.
Japan casualty insurers under suspicion for policy price-fixing
This suspected price-fixing practice is now under investigation.
MSIG Mingtai, Moody’s partner for calamity risk analytics
MSIG Mingtai aims to meet evaluation standards, manage catastrophe risk accumulation, and provide secure insurance services to clients.
Mitsui Sumitomo Insurance's strategic initiatives to drive performance: AM Best
Potential risks may arise from MSI’s stock investments and bond holdings.
Mitsui Sumitomo announces acquisition of Transverse
The deal brokered will cost $400m
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