Core operating entity of MS&AD Insurance Group Solid business franchise in both commercial and individual insurance, supported by strong relationships with Mitsui and Sumitomo group companies Expanding overseas business, especially in Asia Vulnerability of capital to stock price fluctuations, although capitalization is adequate relative to the risk it assumes, based on our rating criteria for insurers Weaker profitability by international standards Continued difficulties in the domestic business environment, such as limited growth potential, intense competition, and unstable investment conditions Mitsui Sumitomo Insurance Co. Ltd. (MSI; AA-/Negative/A-1+) is one of the core operating subsidiaries of MS&AD Insurance Group, which was established through the merger of the Mitsui Sumitomo Insurance Group, Aioi Insurance Co. Ltd., and Nissay Dowa General Insurance Co. Ltd.
