Ms& Insurance : Notice Regarding Merger of InterRisk Research Institute & Consulting, Inc. and MS&AD Research Institute Co., Ltd.
November 31, 2017 at 08:08 pm EDT
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November 1, 2017
MS&AD Insurance Group Holdings, Inc. InterRisk Research Institute & Consulting, Inc. MS&AD Research Institute Co., Ltd.
Notice Regarding Merger of InterRisk Research Institute & Consulting, Inc. and MS&AD Research Institute Co., Ltd.
MS&AD Insurance Group Holdings, Inc. (President & CEO: Yasuyoshi Karasawa, "the Company") has decided to merge the risk consulting company, InterRisk Research Institute & Consulting, Inc. (President: Makoto Murato) and the think tank, MS&AD Research Institute Co., Ltd. (President: Yoshihiko Fukasawa) to strengthen its Risk-Related Services Business.
Through the merger, the MS&AD Insurance Group aims to effectively utilize and systematically develop highly specialized human assets, and to provide higher quality risk solutions to customers by combining practical consulting capabilities with expertise based on fundamental research.
1. Overview of the Newly-Merged Company
Corporate name
MS&AD InterRisk Research & Consulting, Inc.
Surviving company
InterRisk Research Institute & Consulting, Inc.
Headquarters
2-105, Kanda Awaji-cho, Chiyoda-ku, Tokyo
Capital
JPY 330 million
Description of business
Studies, research and consulting on various risks and risk management Investigative research and consulting on economics, management, society, lifestyle, science and technology, natural science, health, welfare and medical care, and others
Scheduled merger date
April 1, 2018
- End -
<Appendix>Overview of Companies Involved in the Merger
Company name
InterRisk Research Institute & Consulting, Inc.
MS&AD Research Institute Co., Ltd.
Headquarters
2-105, Kanda Awaji-cho, Chiyoda-ku, Tokyo
3-25-3, Yoyogi, Shibuya-ku, Tokyo
Representative
President: Makoto Murato
President: Yoshihiko Fukasawa
Description of Business
Studies, research and consulting on various risks and risk management
Investigative research and consulting on economics, management, society, lifestyle, science and technology, natural science, health, welfare and medical care
Provision of information, education and training, holding lectures and seminars, publication of materials, etc. related to the items in 1 and 2 above, etc.
Investigative research on insurance and financial services business, and legal systems
Investigative research on matters related to automobiles
Investigative research on matters related to health, medical and nursing care, etc.
Investigative research on the socioeconomic environment
Investigative research on the super-aging society
Investigative research on the highly sophisticated information society
Investigative research on environmental issues
Operation of sponsored classes and partnered classes at universities
Publication of journals, etc.
Capital
JPY 330 million
JPY 200 million
Establishment
January 4, 1993
October 1, 2005
Fiscal year end
March
March
Shareholders and ratio of
shareholding
Common stocks - The Company :100%
Hybrid stocks - The MS&AD Insurance Group companies :100%
The Company:100%
Performance
(FY2016)
Sales: JPY 3,815 million
Net profit: JPY 331 million
Sales: JPY 157 million
Net profit: JPY 2 million
Number of employees as of March 31,
2017
209
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MS&AD Insurance Group Holdings Inc. published this content on 01 November 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 01 November 2017 00:07:07 UTC.
MS&AD Insurance Group Holdings, Inc. is a japaneese insurance group. Revenues break down by activity as follows:
- non life insurance (58.5%): primarily automotive insurance, fire insurance, compulsory automobile liability insurance, accident insurance and marine insurance;
- life insurance (26.4%; n°1 in Japan);
- other (0.3%).
The remaining revenues (14.8%) are from international activities.