MS&AD Insurance sees $2.2b YoY net earnings gain in FY 2025

The insurer forecasts a net income of $4b for FY 2026.

MS&AD Insurance Group Holdings, Inc. reported a net income attributable to parent company shareholders of $4.77b (¥691.6b) for the fiscal year ended March 2025 (FY 2025), marking a year-on-year increase of $2.22b (¥322.3b). 

This result follows an ordinary profit of $6.41b (¥928.9b), up $3.54b (¥512.5b) from the previous year.

Total ordinary income for the year reached $45.96b (¥6,660.8b). This included $37.26b (¥5,400.5b) from underwriting, $8.27b (¥1,199.3b) from investments, and $0.42b (¥60.8b) from other ordinary income. 

Ordinary expenses totaled $39.55b (¥5,731.8b), comprising $31.60b (¥4,579.4b) in underwriting costs, $1.77b (¥257.1b) in investment expenses, $5.84b (¥846.0b) in operating and general administrative expenses, and $0.34b (¥49.2b) in other expenses.

For the next fiscal year, MS&AD forecasts an ordinary profit of $5.56b (¥806.0b) and net income of $4.00b (¥579.0b) attributable to parent company shareholders. 

The projection assumes stable market conditions and no significant shifts in interest rates, exchange rates, or stock prices from April 2025.

The company also expects incurred losses from domestic natural disasters to total $0.92b (¥134.0b), split between Mitsui Sumitomo Insurance Co., Ltd. ($0.55b (¥79.0b)) and Aioi Nissay Dowa Insurance Co., Ltd. ($0.38b (¥55.0b)). These figures include both net claims paid and provisions for outstanding claims.

($1.00 = ¥143.87)