Company: MS&AD Page 1 / 4
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- May 20 2025
MS&AD nearly doubles group profits to US$5bn, driven by record domestic results
Overseas subsidiaries achieved 35% profit growth despite a decline in profits for Lloyd's and reinsurance.
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- April 22 2025
MS&AD to invest up to US$5bn to double North America profits: report
Japanese insurer plans to continue its aggressive investment strategy moving forward, CEO Shinichiro Funabiki tells Bloomberg.
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- April 17 2025
Premium hikes to boost Japan’s big four insurers’ domestic profitability: Moody’s
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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- April 3 2025
Berkley deal to add US$272m to Mitsui Sumitomo’s earnings: Fitch
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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- April 1 2025
MS&AD Group’s M&A activity affordable, to help earnings: S&P
The merger of Mitsui Sumitomo Insurance and Aioi Nissay Dowa Insurance may lead to elimination of overlapping business activities.
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- March 31 2025
MS Amlin expands in Australia with Sydney office, appoints head of ANZ
New office will be led by Matt Botfield, who joins carrier from Aon.
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- March 28 2025
Mitsui Sumitomo agrees to acquire 15% in WR Berkley for about US$3.8bn
Japanese insurer will buy the shares through open market purchases or private transactions with third parties and expects to complete the acquisition by March 2026.
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- March 28 2025
MS&AD to merge Mitsui Sumitomo and Aioi Nissay Dowa by April 2027
Merger aims to create a domestic non-life carrier with leading market share, the Japanese insurance group said.
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- March 25 2025
FSA issues business improvement orders to Japanese non-life insurers over information leaks
Regulator says 2.7m sets of information on rivals' clients were leaked by employees on loan to multi-client insurance agencies.
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- March 3 2025
MSI to improve underwriting profitability, driven by steady rate hikes: Fitch
Global rating agency affirms insurer rating of A+ (strong) with a stable outlook.
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- February 17 2025
MS&AD accelerates, while Tokio Marine, Sompo see overseas topline growth moderate in Q3 FY24
MS&AD’s foreign subsidiaries grew NWP by a combined 25%, in contrast to the 1.2% growth posted by Tokio Marine’s international non-life businesses and 0.8% by Sompo’s overseas arms.
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- February 14 2025
MS&AD group profits up 137% to US$4bn on strong overseas growth
Group's overseas profits nearly doubled to top US$1bn due to lower nat cat losses and favourable investment income.
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- February 14 2025
MS Amlin’s COR for 9M FY24 at 88.8%, reports US$163.5m underwriting profit
MS&AD-owned specialty (re)insurer reports continued growth since turnaround a year ago, posting NWP of US$1.4bn.
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- February 11 2025
MS Amlin launches credit, political risk offering in Dubai with India, MENA markets in sight
New business line will be led by Osama Elshiekh, senior underwriter for credit and political risk, reporting to senior executive officer for MENA Vipul Gupta.
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- February 10 2025
Solomon Islands sue Korea P&I Club, MS Amlin Marine in oil spill lawsuit: report
The residents of the island are seeking up to US$38m in compensation for a 2019 grounding of a cargo ship.
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- January 29 2025
MS Amlin expands Phoenix Re capacity to US$90m in fifth renewal
Strong performance, rising investor interest in Asia cat risk drives demand for insurer’s Singapore-based sidecar.
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- January 28 2025
MS Amlin creates new partnerships team to support syndicate expansion
New team will sit alongside MS Amlin’s existing insurance and reinsurance divisions and will operate as an arm of the CUO’s office.
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- January 16 2025
California fire losses for Japan’s big 3, Korea’s DB Insurance likely to top US$600m
Tokio Marine Holdings, MS&AD Insurance Group and Sompo Holdings could see claims of up to US$575m, according to media reports, while DB Insurance has estimated US$41m.
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- November 25 2024
MS&AD reports 18% reduction in greenhouse gas emissions
The carrier's interim target is to reduce emissions by 37% by FY 2030 compared with FY 2019 levels.
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- November 20 2024
Japan’s big three post US$8bn windfall from strategic holdings unwind
The major insurance groups also showed significant improvements in H1 CORs as they benefitted from benign loss environment at home and overseas and robust premium growth.
