Mitsui Sumitomo Insurance Co., Ltd. · Tokyo Japan ·(OTC: MTSQY)
Company Description
Phone: +81-3-3297-1111
Fax: +81-3-3297-6888
Rankings
- Nikkei 225
- #492 in FT Global 500
View Mitsui Sumitomo Insurance Co., Ltd. Locations On A US Map
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This link will open in a new window Mitsui Sumitomo Insurance is one of Japan's largest non-life insurance companies. The company sells property/casualty, shipping, accident, and auto lines. It also offers some life insurance products. In addition, asset management and investment services including mutual funds, risk management, and financial consulting are available through subsidiaries and affiliates. Mitsui Sumitomo sells insurance policies in Japan through a network of 650 branch locations and independent agency representatives. It also has international operations in over 40 countries. The insurance company is a subsidiary of Mitsui Sumitomo Insurance Group Holdings (MSIGH), which plans to merge with two other Japanese insurers. To read the full description, subscribe now.
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Key Mitsui Sumitomo Insurance Co., Ltd. Financials
| Company Type | Public - OTC: MTSQY Headquarters |
| Fiscal Year-End | March |
| 2008 Sales (mil.) | $21,527.8 |
| 2008 Employees | 637 |
Mitsui Sumitomo Insurance Co., Ltd. Executives
37 executives listed for Mitsui Sumitomo Insurance Co., Ltd.'s Tokyo, location.
| Title | Name & Bio | Contact |
| Chairman | Yoshiaki Shin | Network |
| President and Director | Toshiaki Egashira | Network |
| Assistant General Manager, Accounting | Junichi Imai | Network |
Competition
Competitive Landscape for Mitsui Sumitomo Insurance Co., Ltd.
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.Top Mitsui Sumitomo Insurance Co., Ltd. Competitors
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