MS Amlin parent shares interim financial results

MS Amlin parent unveils interim financial results


MS&AD Insurance Group Holdings – the name behind the likes of MS Amlin and insurethebox – has released its financial statements for the nine months ended December 31, 2021.

According to the Japan-headquartered group, its net income attributable to owners of the parent for April 01 to December 31 last year amounted to ¥204.6 billion (around CA$2.25 billion). In the same span in 2020, the corresponding figure stood at ¥150.1 billion.

Broken down, here’s where MS&AD got its net income attributable to owners of the parent:




Net income attributable to owners of the parent



9M ended December 31, 2021



9M ended December 31, 2020





Mitsui Sumitomo Insurance



¥110.3 billion



¥83.5 billion





Aioi Nissay Dowa Insurance



¥52.3 billion



¥29.8 billion





Mitsui Direct General Insurance



¥2 billion



¥2.1 billion





Mitsui Sumitomo Aioi Life Insurance



¥17 billion



¥12.7 billion





Mitsui Sumitomo Primary Life Insurance



¥37 billion



¥35.9 billion





Overseas insurance subsidiaries



¥14.1 billion



¥(9 billion)





Others, consolidation adjustments, etc.



¥(28.3 billion)



¥(5.2 billion)




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The overseas subsidiaries include global (re)insurer MS Amlin, which operates in the Lloyd’s, UK, Continental European, and Bermudian markets.

MS&AD consists of five business domains – domestic non-life insurance, domestic life insurance, international, financial services, and risk-related services. The group is led by president and chief executive Noriyuki Hara.