MS&AD Insurance Group Holdings Inc. Announces Merger of Core Insurance Units
MS&AD Insurance Group Holdings Inc. is planning to merge its core non-life insurance subsidiaries, Mitsui Sumitomo Insurance and Aioi Nissay Dowa Insurance. The target date for the merger is set for April 2027.
The announcement, made on March 28, 2025, signals a significant consolidation within the Japanese insurance market.
Reuters
MS&AD Insurance Group Holdings Inc. is a Japan-based company primarily engaged in the insurance business. Its business segments include domestic non-life insurance, domestic life insurance, and overseas business segments. The company also offers financial services and risk-related services, with approximately 38,391 employees.
This article is based on information from a Reuters report.
