Mitsui Sumitomo Insurance Archives - InsuranceAsia News https://insuranceasianews.com/companies_category/mitsui-sumitomo-insurance/ Mon, 08 Dec 2025 03:05:18 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.2 Mitsui Sumitomo to get WR Berkley board seat after 12.5% stake acquisition https://insuranceasianews.com/mitsui-sumitomo-to-get-wr-berkley-board-seat-after-12-5-stake-acquisition/ Mon, 08 Dec 2025 03:05:18 +0000 https://insuranceasianews.com/?p=206296 Following the US$3bn share buy, Japanese carrier is likely to nominate a board member by March, as per an earlier agreement.

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Japanese carrier  Mitsui Sumitomo Insurance (MSI) is likely to get a seat on the board of WR Berkley following its acquisition of a 12.5% stake in the US insurer, as per the terms of an agreement with...

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]]> MSIG appoints Aon veteran Eric Schaap to newly created role to strengthen broker partnerships https://insuranceasianews.com/msig-appoints-aon-veteran-eric-schaap-to-newly-created-role-to-strengthen-broker-partnerships/ Tue, 28 Oct 2025 03:07:13 +0000 https://insuranceasianews.com/?p=202985 Singapore-based Schaap has extensive expertise across broker management, risk maturity modelling, claims systems implementation, and governance-aligned analytics strategy.

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Mitsui Sumitomo Insurance and MSIG Asia (collectively “MSIG) have appointed Eric Schaap as senior vice president and global broker engagement manager, according to a press release.
This is a new role ...

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]]> MSI strengthens Oceania leadership with 4 senior hires https://insuranceasianews.com/msi-strengthens-oceania-leadership-with-four-senior-hires/ Thu, 02 Oct 2025 01:54:56 +0000 https://insuranceasianews.com/?p=201136 Hajime Takeda elevated as deputy general manager and COO; David Hall, Anna Isenberg and Go Mandai join leadership team

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Mitsui Sumitomo Insurance Oceania has announced a series of senior leadership appointments to support its next phase of expansion across Australia and New Zealand, strengthening its strategic focus an...

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]]> MS&AD to rebrand as Mitsui Sumitomo Insurance Group after merger of domestic P&C arms https://insuranceasianews.com/msad-to-rebrand-as-mitsui-sumitomo-insurance-group-after-merger-of-pc-units/ Wed, 01 Oct 2025 05:59:11 +0000 https://insuranceasianews.com/?p=201079 The group will rename the combined domestic non-life insurance businesses as Mitsui Sumitomo Aioi Insurance from April 2027.

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MS&AD Insurance Group has announced major rebranding, effective April 1, 2027, following the merger of its domestic non-life insurance businesses, the company said in a press release.
The group wi...

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]]> MS Amlin names Christiern Dart as CEO, Andrew Carrier moves to Mitsui Sumitomo group role https://insuranceasianews.com/ms-amlin-names-christiern-dart-as-ceo-andrew-carrier-moves-to-mitsui-sumitomo-group-role/ Thu, 24 Jul 2025 08:52:06 +0000 https://insuranceasianews.com/?p=196002 Dart, who joins from Brit, will start in January, with incumbent Carrier joining MSI as executive officer.

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MS Amlin, the MS&AD Group-owned Lloyd’s global (re)insurer, has appointed Christiern Dart as its new chief executive officer, succeeding Andrew Carrier, who will join the wider Mitsui Sumitomo (MS...

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]]> Mitsui Sumitomo to acquire Japanese W&I specialist MGA Time Machine https://insuranceasianews.com/mitsui-sumitomo-to-acquire-japanese-wi-specialist-mga-time-machine/ Wed, 09 Jul 2025 06:28:14 +0000 https://insuranceasianews.com/?p=194801 Japanese insurance group MSI will take a majority ownership of the MGA on August 1, and the remaining shares later to make it a 100% subsidiary.

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Mitsui Sumitomo Insurance (MSI) will acquire Japanese MGA Time Machine Underwriters (TMU), which specialises in W&I insurance.
MSI plans to acquire the majority ownership share of TMU on August 1 ...

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]]> Japan’s Mitsui Sumitomo Insurance domestic operations performance to remain stable: AM Best https://insuranceasianews.com/japans-mitsui-sumitomo-insurance-domestic-operations-performance-to-remain-stable-am-best/ Mon, 09 Jun 2025 02:38:56 +0000 https://insuranceasianews.com/?p=192401 The rating agency has affirmed financial strength rating of A+ (Superior) and long-term issuer credit rating of “aa” (Superior) to MSI.

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Japan’s Mitsui Sumitomo Insurance (MSI) is poised to sustain the stable performance of its domestic operations, providing a solid foundation for the group’s overall operating performance, AM Best said...

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]]> Premium hikes to boost Japan’s big four insurers’ domestic profitability: Moody’s https://insuranceasianews.com/premium-hikes-to-boost-japans-big-four-insurers-domestic-profitability-moodys/ Thu, 17 Apr 2025 05:04:52 +0000 https://insuranceasianews.com/?p=181412 The profitability will improve gradually supported by fire and motor lines, which account for about 70% of net premiums written by Aioi Nissay Dowa Insurance, Mitsui Sumitomo Insurance, Sompo Japan Insurance and Tokio Marine & Nichido Fire Insurance.

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Premium hikes will boost Japan's big four insurers' domestic profitability, while they continue to manage capitalisation within target levels, Moody said.
The profitability of domestic P&C insuran...

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]]> Berkley deal to add US$272m to Mitsui Sumitomo’s earnings: Fitch https://insuranceasianews.com/mitsui-sumitomos-berkley-deal-will-add-us272m-to-its-annual-earnings-fitch/ Thu, 03 Apr 2025 08:14:15 +0000 https://insuranceasianews.com/?p=180433 No immediate effect on MSI ratings after Berkley stake buy and the merger with Aioi Nissay merger, the rating agency said.

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Mitsui Sumitomo Insurance’s (MSI) recent announcement to acquire a 15% stake in US specialty carrier WR Berkley aims to capitalise on Berkley’s significant competitive position and scale in US special...

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]]> MS&AD Group’s M&A activity affordable, to help earnings: S&P https://insuranceasianews.com/msad-groups-ma-activity-affordable-to-help-earnings-sp/ Mon, 31 Mar 2025 16:02:04 +0000 https://insuranceasianews.com/?p=180096 The merger of Mitsui Sumitomo Insurance and Aioi Nissay Dowa Insurance may lead to elimination of overlapping business activities.

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Japan’s MS&AD Insurance Group Holdings Inc’s M&A activities, including the acquisition of a 15% stake in insurer WR Berkley (WRB), are “affordable” and will help earnings, according to a repor...

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