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MS & AD Insurance

October 16th, 2017 Leave a comment Go to comments

MS & AD INSURANCE


 

By : Aries Kurniawan

MS & AD Insurance Group Holdings, Inc. is a holding company based in Japan. Through subsidiaries and associate companies, the insurance company operates in four business segments in both domestic and overseas markets. The Domestic Non – Life Insurance segment is engaged in the business of non-life insurance. Domestic Life Insurance segment is engaged in the business of life insurance. Segment overseas is conducting on business abroad. Financial Services and Services – risk according to the relevant segments and are involved in two divisions. Financial services division engaged in asset management, financial security, 401 k, alternative risk transfer (ART), personal loans and venture capital businesses. Division services associated risk involved in risk management, nursing care and evaluation of business assets. On March 31, 2013, the Company had 122 subsidiaries and 29 associated companies, the business includes Insurance and Mitsui Sumitomo Aioi Nissay Dowa Insurance.

MS & AD Insurance Group Holdings, Inc., together with its subsidiaries, provide insurance and financial services in Asia, Europe, and America. The company offers a wide range of life insurance and non-life, such as marine, personal accident, compulsory automobile liability, automobile voluntary, health, fire, ally, the types of insurance products and reinsurance services. The company also provides financial services, including asset management, business incubation investment, guarantees of trust, mortgage guarantee insurance administration, personal loans, etc. In addition, it offers services related to risk consisting of consulting services, risk surveys, and information risks associated one of which is in the form of support services.

MS & AD Insurance Group also provides products, insurance services primarily through cross-selling, and through other sales, including the financial institutions, insurance agencies, and direct sales. The company was formerly known as Mitsui Sumitomo Insurance Group Holdings, Inc. and changed its name to the MS & AD Insurance Group Holdings, Inc. in April of 2010. MS & AD Insurance Group Holdings, Inc. was founded in 2008 and headquartered in Tokyo, Japan.

In addition, the company is a global insurance companies and financial groups represented more than 40 countries and territories conducting extensive non-life insurance, life insurance, overseas business, financial services business, and business -related risks.

With more than 700 offices in Japan and more than 300 offices worldwide and the number of employees is more than 20,000 , the MS & AD Insurance Group Holdings , Inc. is one of the leading financial and insurance group in the world . Consolidated net premiums written reached 1,500 billion yen for fiscal 2007.

Network operation framework divides the MS & AD Insurance Group Holdings, Inc. into three global regions: Asia, Europe, and America, the region parent company formed in each region. The Regional headquarters are located in Singapore, London, and New York, ensuring faster business decision making and implementation at the local level. With the existence of self-development and guidelines are kept on hold, the insurance company was awarded the “General Insurance Company of the Year”. MS & AD Insurance Group has been presented with the General Insurance Company of the Year Award 2011 by the Asia Insurance Review. This award is the highest recognition of the group’s commitment to developing general insurance business throughout Asia. Group of insurance companies will continue to expand its business network in Asia and provide world -class products and services to business partners.

Among the 500 participants in 15 categories, MS & AD Insurance Group stands out from competitors in markets throughout Southeast Asia, Australia, China and India, with the win as the best general insurance company. This prestigious award is also recognition of all the hard work the industry has done in Hong Kong and throughout Asia by MSIG and the Group as a whole. MS & AD believes that can improve the performance of the different aspects to ensure a very good year, and hope to build a significant milestone for the company in terms of growth and profit. With a tradition of service and innovation in the MS & AD Group, for nearly four hundred years has fostered and build a unique business culture is based on a total commitment to loyalty, honor and integrity. Respect and be loyal to the staff, customers, honor and integrity of everything that are done. Also in the Japanese business culture is an equally strong commitment to take a long term view, to build and maintain enduring relationships and forging a close partnership, through good times and bad. Here we will describe the important facts that exist in the MS & AD Insurance Group:

Important Facts
1. MS & AD Insurance Group is a joint organization of MSIG, IOI and Nissay Dowa.
2. The company is the seventh largest non-life insurance companies in the world.
3. Global assets in excess of £ 80000000000 *.
4. 325 offices in more than 40 territories around the world *.
5. Very strong credit ratings: S & PA +AM Best A + Moody’s A1.
6. Mitsui Sumitomo at Lloyd’s (MSIUL) is a subsidiary of MS & AD Group and benefits from the security chain.
7. Vehicle MSIUL Lloyd, Syndicate 3210, is the first Japanese syndicate at Lloyd founded on the year 2000.

That was the information about the MS & AD Insurance Group and important facts, that information may be useful and can add to the knowledge about the insurance companies that exist around the world. For those of you who are interested you can contact directly at:

MS & AD Insurance Group Holdings Inc.
12F , First Financial Yaesu Bldg .
1-3-7, Yaesu
CHUO – KU TKY 103-0028
Phone: +813.62025270

 

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