Reinsurance News
MS&AD
MS&AD to acquire 18% stake in MassMutual’s Barings
17th November 2025
Japanese insurance group MS&AD Insurance Holdings, through its subsidiary, Mitsui Sumitomo Insurance Co., Ltd. (MSI), is set to acquire an 18% equity stake in Barings, a global asset management subsidiary of MassMutual. Barings delivers innovative solutions to clients globally with assets under management of over $470 billion. This investment from MS&AD is ... Read the full article
Mitsui Sumitomo Insurance launches parametric weather insurance product
29th August 2025
Mitsui Sumitomo Insurance, a subsidiary of MS&AD Insurance Group Holdings, has announced the launch of its new parametric insurance product, "Weather Insurance Index", a new offering designed to help insurers manage financial losses caused by severe or unusual weather. As a parametric solution, this new product has been designed to pay ... Read the full article
MS&AD to sell Challenger shares to TAL Dai-ichi Life Australia
8th April 2025
Japanese insurance group MS&AD Insurance Holdings, the parent of the Mitsui Sumitomo insurance entities, has agreed to sell all of its shares in Australian financial services company with annuities and fund management businesses, Challenger Limited, to TAL Dai-ichi Life Australia Pty Limited, a wholly-owned Australian subsidiary of Dai-ichi Life Holdings. As ... Read the full article
MS&AD Ventures increases fund size to $400m
19th December 2024
MS&AD’s corporate venture fund, MS&AD Ventures, has increased by US $100 million, bringing the fund’s total amount under management to US $400 million. MS&AD Ventures, the first Corporate Venture Capital (CVC) of a Japanese insurance company, has been steadily growing its portfolio since its establishment in 2018. The firm focuses on early-stage ... Read the full article
INSHUR secures $19m to scale operations with MS&AD backing
22nd October 2024
INSHUR, a global embedded insurance provider, has raised $19 million in its latest funding round to continue to strengthen market position across the US and Europe, bringing total funding to $78.5 million since 2019. The round was led by Viola Growth, with the participation of MS&AD Ventures and existing investors. The funding ... Read the full article
MS Reinsurance posts significant premium growth as CoR strengthens
9th August 2024
Zurich headquartered global reinsurer MS Reinsurance (MS Re) has reported a 305% rise in net income to $81 million for the first quarter of the fiscal year, as the combined ratio improved to 89.7% from 94.2% a year earlier. MS Re is part of global specialty re/insurer MS Amlin, which is ... Read the full article
Coalition & MS&AD partner up to provide cybersecurity insurance solutions in Japan
4th October 2023
Coalition, a pioneering Active Insurance provider, has entered into a strategic partnership with MS&AD Insurance Group, the largest non-life insurer in Japan and across the ASEAN region, to provide cybersecurity monitoring solutions to small and medium-sized businesses (SMBs). Recently, MS&AD Insurance Group launched the MS&AD Cyber Risk Finder, the company's very ... Read the full article
MS&AD could close overseas locations in profit drive, CEO suggests
28th February 2023
Reports from the Nikkei suggest that Japan’s MS&AD Insurance Group could be looking into closing some of its overseas locations in an effort to improve profitability across the group and meet its performance goals. Speaking in an interview with Nikkei, MS&AD's President and CEO Noriyuki Hara explained that some areas of ... Read the full article
MS&AD completes Transverse acquisition
4th January 2023
Transverse Insurance Group, a hybrid P&C program and fronting carrier specialist, has been acquired by MS&AD Insurance Group Holdings, through its Mitsui Sumitomo Insurance arm, the insurer has confirmed. The acquisition has received all customary approvals and has been completed. Transverse is now a wholly owned subsidiary of MS&AD as it ... Read the full article
Mitsui Sumitomo reported on verge of $400m Transverse acquisition
7th August 2022
Japanese insurance group Mitsui Sumitomo has been reported to be on the verge of a $400 million acquisition of hybrid P&C program and fronting carrier specialist Transverse Insurance Group. Japanese newspaper the Nikkei reported the news and said a deal for the rumoured roughly $400 million acquisition could be announced before ... Read the full article
MS&AD, SCOR back Energetic Insurance Series A funding round
8th October 2021
Energetic Insurance has completed a Series A funding round which totalled $7 million, led by Schneider Electric Ventures with participation from MS&AD Ventures, MCJ Collective, and Atlantic Global Risk. The startup’s existing investors Congruent Ventures, SCOR P&C Ventures, MUUS Asset Management, Powerhouse Ventures, and Clean Energy Venture Group also participated in ... Read the full article
Aioi Nissay Dowa Europe partners with ibott to provide solutions for mobility sector
23rd July 2021
Aioi Nissay Dowa Europe (AND-E) and its subsidiary Toyota Insurance Services (TIS) have partnered with ibott, a division of Apollo to develop a range of insurance solutions for the shared mobility sector. The companies announced that the partnership will initially be focused within the UK, with plans to extend throughout Europe ... Read the full article
COVID forces MS Amlin to £209mn loss
12th February 2021
Japanese insurer MS&AD Insurance Group Holdings has reported that its MS Amlin subsidiary fell to a £209 million net loss in the FY2020 3Q period. The loss was mainly attributed to the COVID-19 pandemic, which caused MS Amlin to post an underwriting loss of £235 million for the period. This was a ... Read the full article
Insurtech Hippo confirms $350mn Mitsui Sumitomo investment
24th November 2020
California-headquartered, homeowners focused-insurtech Hippo has received a $350 million investment from Mitsui Sumitomo, a subsidiary of MS&AD Insurance Group Holdings. As part of the deal, the corporate venture capital fund of MS&AD will join Hippo’s board of directors as an “observer.” Additionally, Hippo and Mitsui Sumitomo plan on signing a reinsurance treaty, ... Read the full article
MS&AD to deploy Tractable’s AI in Japan
4th November 2020
Global property and casualty insurer, MS&AD Insurance Group Holdings, is deploying Tractable’s Artificial Intelligence (AI) in Japan via both Mitsui Sumitomo Insurance (MSI) and Aioi Nissay Dowa Insurance (ADI). MS&AD is set to use AI to accelerate how it processes auto claims in an effort to speed up recovery for its ... Read the full article
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