360° Coverage Mitsui Sumitomo

Mitsui Sumitomo

Fitch: Japanese Non-Life Insurers' Underwriting Profits Bottomed Out

Source: Reuters

(The following statement was released by the rating agency) HONG KONG, June 04 (Fitch) Fitch Ratings said Japanese non-life insurers' underwriting profits have bottomed out based on the results for the financial year ending March 2013 (FYE13). On ...
Full article at: Reuters More like this Jun 4 2013, 9:29pm CDT

Earthquake damage

Source: CCH Australia

The earthquake reinstatement extension in a policy provided for payment of both indemnity value and the difference between indemnity value and reinstatement cost. The obligation to pay was affected only where the insured elected reinstatemen ...
Full article at: CCH Australia More like this Jun 3 2013, 7:10pm CDT

A.M. Best Affirms Ratings of Mitsui Sumitomo Insurance Company of America and Mitsui Sumitomo Insurance USA, Inc.

Source: Business Wire

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best Co. has affirmed the financial strength rating (FSR) of A+ (Superior) and the issuer credit ratings (ICR) of “aa” of Mitsui Sumitomo Insurance Company of America (MSIA) and Mitsui Sumitomo ...
Full article at: Business Wire More like this May 31 2013, 11:12am CDT

A.M. Best Affirms Ratings of Mitsui Sumitomo Insurance Company Limited; Upgrades Ratings of Aioi Nissay Dowa Insurance Company Limited

Source: Business Wire

HONG KONG--(BUSINESS WIRE)--A.M. Best Asia-Pacific Limited has affirmed the financial strength rating (FSR) of A+ (Superior) and the issuer credit rating (ICR) of “aa” of Mitsui Sumitomo Insurance Company Limited (MSI ...
Full article at: Business Wire More like this May 31 2013, 11:12am CDT

Murugappa Group: The harder path

Source: Economist

THE contemporary Indian tycoon is supposedly a decadent sort; swanning about in luxury boats and skyscrapers with Bollywood stars while living off inherited empires built on political connections that churn out cash. ...
Full article at: Economist More like this May 30 2013, 10:02am CDT

STOCKS NEWS INDONESIA-Index slips, tracking regional decline

Source: Reuters

Indonesian shares fell 1.28 percent to 5,089.14 early in the session on Monday, following a regional decline as other Asian stock markets got off to a cautious start. Japan's Nikkei index slid 3.0 percent in early trade on Monday, ...
Full article at: Reuters More like this May 27 2013, 12:26am CDT