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&AD to merge Mitsui Sumitomo, Aioi Nissay Dowa by April 2027
MS&AD to merge Mitsui Sumitomo, Aioi Nissay Dowa by April 2027
The merged entity could equate to the Japanese insurer holding the top market share.
Allianz Partners, Mitsui Sumitomo Insurance ink deal to expand in New Zealand
The partnership will be useful to MSI's expanding travel insurance offerings.
MS Amlin’s FY 2024 underwriting profits rise 12% to $250m
Gross written premiums increased to $2.2b.
Mitsui Sumitomo sees profit rise with strategic divestments: Fitch Ratings
Fitch also anticipates an improvement in underwriting profitability.
MS Amlin boosts Phoenix Re Capacity to $9m for APAC reinsurance
This marks a 12.5% from 2024.
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.
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