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ms&ad insurance group holdin (8725) Details

MS&AD Insurance Group Holdings, Inc., together with its subsidiaries, provides insurance and financial services in Europe, the Middle East, Asia, the Oceania, North America, and South America. It offers various life and non-life insurance products, such as marine, personal accident, compulsory automobile liability, voluntary automobile, medical, fire and allied, and other types of insurance products; individual annuity insurance and whole life insurance products; and reinsurance services. The company also provides financial services, including asset management, retail financial, personal finance, alternative risk transfer, financial guarantees, venture capital, and administration services, as well as pension plan products. In addition, it offers risk-related services comprising risk consulting, risk survey, funded research, information publishing, and other services; roadside assistance and home assistance services; and infrastructure support, employee welfare, and real estate management services, etc. Further, the company operates elderly daycare centers and retirement homes; and provides asset appraisal services. MS&AD Insurance Group Holdings, Inc. provides its insurance products and services primarily through cross-selling, as well as through other sales channels, including financial institutions, life insurance agencies, and direct sales channels. The company was formerly known as Mitsui Sumitomo Insurance Group Holdings, Inc. and changed its name to MS&AD Insurance Group Holdings, Inc. in April 2010. MS&AD Insurance Group Holdings, Inc. was founded in 1918 and is headquartered in Tokyo, Japan.

38,358 Employees
Last Reported Date: 06/22/15
Founded in 1918

ms&ad insurance group holdin (8725) Top Compensated Officers

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ms&ad insurance group holdin (8725) Key Developments

Mitsui Sumitomo Appoints Flávio Zoppellocomo as Commercial Director

Mitsui Sumitomo announced that Flávio Zoppellocomo was appointed commercial director for the company in the South region of Brazil, and the state and city of São Paulo. Zoppellocomo will be responsible for managing the entire sales team, as well as taking care of brokers, advisers and distribution channels in the region. His main challenge will be to increase the company's share in the corporate risk segment, as well as to promote sustainable and profitable growth throughout the region.

MS&AD Insurance Group Holdings, Inc. Announces Dividend for the Second Quarter of the Year Ending March 31, 2016, Payable on December 4, 2015; Provides Dividend Guidance for the Fourth Quarter of the Year Ending March 31, 2016

MS&AD Insurance Group Holdings, Inc. announced dividend for the second quarter of the year ending March 31, 2016. For the second quarter, the company announced a dividend of JPY 35.00 per compared to JPY 29.0 per share paid a year ago, payable on December 4, 2015. For the fourth quarter of year ending March 31, 2016, the company expects to pay a dividend of JPY 35.00 per compared to JPY 36.00 per share a year ago.

MS&Ad Insurance Group Holdings, Inc. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2015; Provides Earnings Guidance for the Year Ending March 31, 2016

MS&AD Insurance Group Holdings, Inc. reported consolidated earnings results for the six months ended September 30, 2015. For the period, the company reported Net premiums written of ¥1,620,000 million against ¥1,486,300 million for the same period in the last year. Investment income was ¥174,400 million against ¥308,300 million for the same period in the last year. Ordinary profit was ¥122,400 million against ¥158,000 million for the same period in the last year. Income before income tax was ¥117,000 million against ¥154,800 million for the same period in the last year. Net income attributable to owners of the parent was ¥86,000 million against ¥109,600 million for the same period in the last year. Underwriting income was ¥2,323,300 million against ¥2,125,700 million for the same period in the last year. Investment income was ¥174,400 million against ¥308,300 million for the same period in the last year. The company provided earnings guidance for the year ending March 31, 2016. For the period, the company expects net premium written will be ¥3,095,000 million, Ordinary profit will be ¥245,000 million, net income attributable to owners of the parent will be ¥157,000 million.

 

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