CORPORATE PROFILE Mitsui Sumitomo Insurance
Corporate Data ( As of March 31, 2017 ) Responsible for non-life insurance business, which is a core business of the MS&AD Insurance Group, Mitsui Sumitomo Insurance is exercising its comprehensive capabilities to offer insurance and financial services business globally. Corporate Name President Established Paid-in Capital Total Assets Net premiums written Number of Employees Head Office Domestic Network (As of July 1, 2017) Financial Status [ MSI Non-consolidated ] (As of July 1, 2017) Mitsui Sumitomo Insurance Company, Limited Noriyuki Hara October 21, 1918 139,595.52 million 6,777.0 billion 1,469.6 billion 14,650 9,Kanda-Surugadai 3-Chome,Chiyoda-ku,Tokyo,Japan Sales Sections and Sub-branches 492 Claims Service Centers 227 Insurer Financial Insurance Financial Strength Rating A+ Strength Rating [ Standard & Poor's ] A1 [ Moody's ] MS&AD Insurance Group Holdings, Inc. Aioi Nissay Dowa Mitsui Direct General Mitsui Sumitomo Aioi Life Mitsui Sumitomo Primary Life List contains only the Japan-based insurance companies (direct investments) within the Group. Aspirations of Mitsui Sumitomo Insurance Our Mission To contribute to the development of a vibrant society and help secure a sound future for the earth, by bringing security and safety through the global insurance and financial services business. Our Vision To create a world-leading insurance and financial services group that continues to seek sustainable growth and to enhance enterprise value. Our Values Customer Focused Integrity Teamwork Innovation Professionalism We continuously strive to provide security and achieve customer satisfaction. We are sincere, kind, fair and just in all our dealings with everyone. We achieve mutual growth by respecting one another's individuality and opinions, and by sharing knowledge and ideas. We listen to our stakeholders and continuously seek ways to improve our work and business. We make continuous efforts to improve our skills and proficiency to provide high quality services.
International Mitsui Sumitomo Insurance has been promoting the MSIG brand worldwide, and is now operating in 42 countries and regions. Global Network 42 countries and regions Number of Local Employees around 10,800 Number of Japanese Expatriates around 250 As of April1, 2017 EUROPE, THE MIDDLE EAST AND AFRICA Abu Dhabi Amsterdam Bratislava Brussels Cologne Derby Dubai Dublin Johannesburg London Madrid Milan Moscow Paris St.Peter Port St.Petersburg Zurich ASIA AND OCEANIA Auckland Bandar Seri Begawan Bangalore Bangkok Beijing Chengdu Chennai Colombo Dalian Guangzhou Hanoi Ho Chi Minh City Hong Kong Jakarta Kuala Lumpur Labuan Macau Manila Melbourne Mumbai New Delhi Petaling Jaya Phnom Penh Qingdao Seoul Shanghai Shenzhen Singapore Suzhou Sydney Taipei Vientiane Wuxi Yangon THE AMERICAS Atlanta Los Angeles Bogota Mexico City Buenos Aires Miami Chicago New York Cincinnati Overland Park Dallas Panama City Detroit Querétaro Hamilton (Bermuda) Sao Paulo Irapuato Toronto Lima Warren Net Premiums Written (International Non-life Insurance ) Americas 27.1 Europe 37.5 TOTAL 724billion (FY2016) Asia 35.4 The left graph describes the geographical dispersion of international non-life insurance business. MS Amlin s figures are net written premiums pro-rated into gross written premiums and divided according to geographical source. Other reinsurance business figures are also divided according to geographical source.
Company History 1893 Osaka 1899 Osaka Fire 1917 Fuso Marine 1919 Settsu Marine 1907 Osaka Fire, Marine & Transport 1918 Taisho Marine & Fire 1920 Fuso Marine & Fire 1930 Settsu Marine & Fire 1916 Osaka Marine & Fire 1920 Shin Nihon Fire & Marine 1941 1940 Sumitomo Marine & Fire 1942 1943 Mitsui Fire & Marine 1944 1944 Osaka Sumitomo Marine & Fire 1954 Sumitomo Marine & Fire October 1, 2001 Mitsui Sumitomo 1991 Mitsui Marine & Fire The Origins of Mitsui and Sumitomo Mitsui Sumitomo Insurance Company, Limited was formed in 2001 through a merger between its predecessors, Mitsui Marine & Fire and Sumitomo Marine & Fire The original constitutions of "Mitsui" and "Sumitomo" were established respectively more than 300 years ago and still exist in the groups that now have significant influence in both Japan and the rest of the world. The origins of Mitsui The origins of "Mitsui" can be found in a drapery store, called "Echigoya," which was opened in 1673 by Takatoshi Mitsui, a merchant in Edo (now Tokyo). Echigoya introduced innovative business methods to accommodate customers needs; for example, adopting storefront sales and the cash-and-carry system for the first time in Japan. Furthermore, it was the first store to use flyers and lend umbrellas printed with the store's name, putting energy in to a brand strategy that would spread the Echigoya name to the people. Mitsui focused on customer-centered business management and brand strategy and sought to boost employee motivation and satisfaction through personality-oriented performance evaluation. These approaches laid the foundation for Mitsui's subsequent success and prosperity. The origins of Sumitomo The history of "Sumitomo" begins in the 17th century, when Masatomo Sumitomo opened a book and medicine shop in Kyoto. Sumitomo gradually expanded to include copper and other trading, banking and heavy industry. In 1690, Sumitomo discovered Besshi Copper Mine in Ehime Prefecture which was one of the largest copper mines in the world. This discovery contributed significantly to Japan's economic development. In order to reduce the impact to the environment, the company planted more than one million trees and relocated the copper refinery to an uninhabited island. Sumitomo's successive general directors declared their goal was "Not to pursue our own profit, but to be aligned with public benefit." We can see the seeds of CSR management in Sumitomo's approach to contributing to development of the national and regional economies and addressing environmental issues. Customer Satisfaction Employee Satisfaction Advancing with you Mitsui Sumitomo Insurance Environmental Initiatives Contribution to Society
p5_2017-1227.pdf 1 2017/12/27 17:13 About the MS&AD Insurance Group The MS&AD Insurance Group was formed in April 2010 from the business integration of Mitsui Sumitomo Insurance Group Holdings, Inc., Aioi, and Nissay Dowa General under the holding company MS&AD Insurance Group Holdings, Inc. The purpose of MS&AD Insurance Group is to achieve sustainable growth and to enhance enterprise value through the creation of a world-leading insurance and financial services group that operates globally. MS&AD Holdings Head Office Building Overview C M Y Five business domains drive our continued growth, underpinned by the platform of the domestic non-life insurance business. CM MY CY CMY K By utilizing our expanded distributing network, we provide appealing products and services through cross-selling with non-life insurance products. In the area of personal annuity business, we have established our position as a leading player capitalizing our ability to provide unique products. We are conducting business in a wide range of areas in financial and capital markets to respond to increasingly sophisticated needs. Domestic Life Insurance Domestic Non-life Insurance Financial Services International We are conducting business through our global network extending 46 countries and regions all over the world. Especially in Asia, we are the only insurer that provides services and facilities in all ASEAN countries. We develop and provide attractive products and services that are suitable for our diverse customer base. We are improving business efficiency through business integration. Risk-Related Services We provide services other than insurance that contribute to customers' risk solutions.
Date of issue: July 21, 2017