{ "schemaVersion": 1, "organisationId": "O-5144c6bff0a44be09544ddef2142bd58", "slug": "ms-ad-insurance-group-holdings", "name": "MS&AD Insurance Group Holdings, Inc.", "updatedAt": "2026-09-28T14:23:32.700467Z", "sections": [ { "type": "OVERVIEW", "text": "MS&AD Insurance Group Holdings, Inc. is a Japan-based insurance and financial-services group. Its core businesses are non-life and life insurance in Japan and insurance operations internationally, alongside financial and risk-related services. Its principal Japanese insurers include Mitsui Sumitomo Insurance and Aioi Nissay Dowa Insurance. [https://www.ms-ad-hd.com/en/group/what/group/five_domains.html][https://www.ms-ad-hd.com/en/group/what/group/structure.html]\n\nThe group’s mission is to provide peace of mind and security through insurance and financial services, while supporting a vibrant society and a healthy future for the planet. It operates across more than 40 countries and regions. For the year ended March 31, 2025, it reported approximately 38,000 employees and ¥6.66 trillion in consolidated ordinary income. [https://www.ms-ad-hd.com/en/group/what/story.html][https://www.ms-ad-hd.com/ja/group/about/feature/position.html][https://www.ms-ad-hd.com/en/ir/library/disclosure.html]\n[https://www.ms-ad-hd.com/en/group/what/group/five_domains.html][https://www.ms-ad-hd.com/en/group/what/group/structure.html][https://www.ms-ad-hd.com/en/group/what/story.html][https://www.ms-ad-hd.com/ja/group/about/feature/position.html][https://www.ms-ad-hd.com/en/ir/library/disclosure.html]", "updatedAt": "2026-09-28T14:23:32.700467Z" }, { "type": "PRODUCTS", "text": "MS&AD’s non-life insurance products cover voluntary automobile, compulsory automobile liability, fire and allied risks, marine risks, personal accident and other risks. In the fiscal year ended March 2025, voluntary automobile insurance accounted for 41.2% of consolidated net premiums written and fire and allied insurance for 21.2%; marine, personal accident and compulsory automobile liability each accounted for about 5–6%, with other lines making up 21.2%. [https://www.ms-ad-hd.com/en/index/report-material/report-material5132343357219421879/main/0/link/MSAD2024_E.pdf]\n\nAioi Nissay Dowa Insurance offers telematics-based automobile policies. Its Tough-Mimamoru Kuruma no Hoken Plus dashcam product can detect a severe collision, initiate an emergency accident report and transmit footage to support claims handling. Tough-Mimamoru Kuruma no Hoken NexT uses a smartphone app to collect driving data, link safe-driving performance to premiums and provide navigation and hazard alerts. [https://www.aioinissaydowa.co.jp/corporate/service/telematics/plus.html][https://aioinissaydowa.co.jp/corporate/service/telematics/next.html]\n\nThe group’s life-insurance offerings include medical, cancer, care, income-protection and whole-life coverage, as well as individual annuities and variable products. Related services include care and dementia support through MSA Care, cyber-vulnerability assessment through MS&AD Cyber Risk Finder, and risk-management consulting and natural-hazard assessment. [https://www.msa-life.co.jp/lineup/iryo/][https://www.msa-life.co.jp/lineup/cancer/][https://www.msa-life.co.jp/news/assets/pdf/20240222_careselectandmsacare.pdf][https://www.msa-life.co.jp/news/assets/pdf/20250227_wselect.pdf][https://www.ms-primary.com/news/ir/assets/20240430_ashitamojyujitsu2.pdf][https://www.ms-ins.com/solution/cyber-security-finder/][https://www.irric.co.jp/en/corporate/index.html]\n[https://www.ms-ad-hd.com/en/index/report-material/report-material5132343357219421879/main/0/link/MSAD2024_E.pdf][https://www.aioinissaydowa.co.jp/corporate/service/telematics/plus.html][https://aioinissaydowa.co.jp/corporate/service/telematics/next.html][https://www.msa-life.co.jp/lineup/iryo/][https://www.msa-life.co.jp/lineup/cancer/][https://www.msa-life.co.jp/news/assets/pdf/20240222_careselectandmsacare.pdf][https://www.msa-life.co.jp/news/assets/pdf/20250227_wselect.pdf][https://www.ms-primary.com/news/ir/assets/20240430_ashitamojyujitsu2.pdf][https://www.ms-ins.com/solution/cyber-security-finder/][https://www.irric.co.jp/en/corporate/index.html]", "updatedAt": "2026-09-28T14:23:32.700467Z" }, { "type": "GEOGRAPHY", "text": "MS&AD Insurance Group Holdings is headquartered in Tokyo, Japan. Japan is a core operating market, while its international network spans 48 countries and regions across Asia, Europe and the Americas. The group also conducts Lloyd’s and reinsurance business that is reported separately from its geographic regions. [https://www.ms-ad-hd.com/en/group/about/hd/outline.html][P112715446][P60690141]\n\nFor the fiscal year ended March 2025, overseas subsidiaries reported ¥1,527.2 billion in net premiums written. The reported breakdown was ¥814.6 billion from Lloyd’s and reinsurance, ¥289.2 billion from Europe, ¥280.8 billion from Asia and ¥142.4 billion from the Americas; these are overseas-business categories, not a country-by-country breakdown of group revenue. The group reported 28,359 employees in Japan and 9,888 overseas. [T8937867][P86724587]\n[P112715446][P60690141][T8937867][T8937867][T8937867][T8937867][T8937867][P86724587][https://www.ms-ad-hd.com/en/group/about/hd/outline.html]", "updatedAt": "2026-09-28T14:23:32.700467Z" }, { "type": "SEGMENTS", "text": "MS&AD organizes its activities into five business domains: domestic non-life insurance, domestic life insurance, international insurance, financial services, and risk-related services. Domestic non-life insurance is the group’s core platform; domestic life insurance includes life and annuity products sold through its broader distribution network. The international domain covers overseas insurance operations, while financial services and risk-related services extend the group’s activities beyond insurance underwriting. [https://www.ms-ad-hd.com/en/group/what/group/five_domains.html]\n\nIts formal financial reporting uses a different breakdown: five domestic insurance companies are reported separately, alongside an international segment comprising overseas insurance subsidiaries. Grouping those reported segments by business line, domestic non-life insurance—Mitsui Sumitomo Insurance, Aioi Nissay Dowa Insurance and Mitsui Direct General—accounted for approximately 47% of segment revenue from external customers in the year ended March 2025. Domestic life insurance—MSI Aioi Life and MSI Primary Life—accounted for approximately 26%, and international insurance for approximately 27%; activities classified as “Others” contributed less than 1%. These are shares of revenue before consolidation adjustments, not shares of net premiums written. [P156083820][T17996820][T17996821]\n[P156083820][T17996820][T17996821][https://www.ms-ad-hd.com/en/group/what/group/five_domains.html]", "updatedAt": "2026-09-28T14:23:32.700467Z" }, { "type": "HISTORY", "text": "MS&AD’s roots include Mitsui Marine & Fire Insurance and Sumitomo Marine & Fire Insurance, which merged in October 2001 to form Mitsui Sumitomo Insurance. In April 2008, the group established Mitsui Sumitomo Insurance Group Holdings as its holding company. [https://www.ms-ins.com/english/company/aboutus/history/][https://www.ms-ad-hd.com/en/group/about/hd/history.html]\n\nIn September 2009, the holding company agreed to integrate with Aioi Insurance and Nissay Dowa General Insurance. The integration took effect in April 2010, when the holding company adopted the name MS&AD Insurance Group Holdings; Aioi and Nissay Dowa subsequently merged to form Aioi Nissay Dowa Insurance. The group expanded its international insurance business through Mitsui Sumitomo Insurance’s acquisition of UK-based Amlin, completed in 2016. [https://www.ms-ad-hd.com/en/group/about/hd/history.html][https://www.ms-ins.com/english/company/aboutus/history/][https://www.ms-ad-hd.com/en/news/irnews/news2011687247849240251.html]\n[https://www.ms-ins.com/english/company/aboutus/history/][https://www.ms-ad-hd.com/en/group/about/hd/history.html][https://www.ms-ad-hd.com/en/news/irnews/news2011687247849240251.html]", "updatedAt": "2026-09-28T14:23:32.700467Z" } ], "sources": [ { "id": "https://www.ms-ad-hd.com/en/group/what/group/five_domains.html", "href": "https://www.ms-ad-hd.com/en/group/what/group/five_domains.html", "label": "www.ms-ad-hd.com" }, { "id": "https://www.ms-ad-hd.com/en/group/what/group/structure.html", "href": "https://www.ms-ad-hd.com/en/group/what/group/structure.html", "label": "www.ms-ad-hd.com" }, { "id": "https://www.ms-ad-hd.com/en/group/what/story.html", "href": "https://www.ms-ad-hd.com/en/group/what/story.html", "label": "www.ms-ad-hd.com" }, { "id": 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