MS&AD Insurance Group Holdings Inc Announces Business Integration in Subsidiaries

MS&AD Insurance Group Holdings Inc announced that there will be some business integration between two wholly owned subsidiaries, Aioi Nissay Dowa Insurance Co., Ltd.and Mitsui Sumitomo Insurance Company, Limited, take effective April 1, 2013. Through the integration, Mitsui Sumitomo Insurance Company, Limited will take over the cargo insurance business, including insurance for vessol, cargo, aviation and space sectors; Aioi Nissay Dowa Insurance Co., Ltd. will take over the motor channel agency shops business. The two subsidiarieswill be cooperation in the utilization of local sales network and locations, as well as the operation of overseas subsidiaries. And the third division long term contract business will be transferred to Mitsui Sumitomo Aioi Life Insurance Company, Limited., which is another wholly owned subsidiary of the Company.