MS&AD Insurance Group Holdings, Incorporated operates in the Fire, marine, and casualty insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares MS&AD Insurance Group Holdings with three other
insurance companies in Asia:
SOMPO Holdings Inc
sales of 3.70 trillion Japanese Yen [US$33.88 billion]
of which 60%
was Casualty insurance-Domestic),
Tokio Marine Holdings Incorporated
(5.37 trillion Japanese Yen [US$49.12 billion]
of which 77%
was Domestic Damage Insurance Business), and
Samsung Fire & Marine Insurance Co Ltd
based in KOREA (SOUTH)
(23.67 trillion Korean Won [US$21.02 billion]
of which 84%
was Domestic Segment).
MS&AD Insurance Group Holdings reported sales of ¥4.62 trillion (US$42.31 billion)
March of 2020.
decrease of 14.2%
versus 2019, when the company's sales were ¥5.39 trillion.
The sales level in 2020 was fairly close to the level five years ago: in 2015, MS&AD Insurance Group Holdings had sales
of ¥4.63 trillion.
Contributing to the drop in overall sales was the 27.2% decline
in Life Insurance Business, from ¥1.28 trillion to ¥934.67 billion.
There were also decreases in sales in
Other (down 5.2% to ¥11.81 billion)
However, these declines were partially offset by the increase in sales of
Property and Casualty Insurance Business (up 3.2% to ¥2.80 trillion)
Oversea Insurance Subsidiary (up 0.7% to ¥780.88 billion)