MS Amlin parent unveils interim financial results

MS&AD Insurance coverage Group Holdings – the title behind the likes of MS Amlin and insurethebox – has launched its monetary statements for the 9 months ended December 31, 2021.

In keeping with the Japan-headquartered group, its web earnings attributable to house owners of the father or mother for April 01 to December 31 final yr amounted to ¥204.6 billion (round $1.77 billion). In the identical span in 2020, the corresponding determine stood at ¥150.1 billion.

Damaged down, right here’s the place MS&AD received its web earnings attributable to house owners of the father or mother:

 

Internet earnings attributable to house owners of the father or mother

 

 

9M ended December 31, 2021

 

 

9M ended December 31, 2020

 

 

Mitsui Sumitomo Insurance coverage

 

 

¥110.3 billion

 

 

¥83.5 billion

 

 

Aioi Nissay Dowa Insurance coverage

 

 

¥52.3 billion

 

 

¥29.8 billion

 

 

Mitsui Direct Basic Insurance coverage

 

 

¥2 billion

 

 

¥2.1 billion

 

 

Mitsui Sumitomo Aioi Life Insurance coverage

 

 

¥17 billion

 

 

¥12.7 billion

 

 

Mitsui Sumitomo Main Life Insurance coverage

 

 

¥37 billion

 

 

¥35.9 billion

 

 

Abroad insurance coverage subsidiaries

 

 

¥14.1 billion

 

 

¥(9 billion)

 

 

Others, consolidation changes, and many others.

 

 

¥(28.3 billion)

 

 

¥(5.2 billion)

 

The abroad subsidiaries embody international (re)insurer MS Amlin, which operates within the Lloyd’s, UK, Continental European, and Bermudian markets.

MS&AD consists of 5 enterprise domains – home non-life insurance coverage, home life insurance coverage, worldwide, monetary providers, and risk-related providers. The group is led by president and chief govt Noriyuki Hara.

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