Company History

2009 January Aioi Insurance, Nissay Dowa General Insurance, and Mitsui Sumitomo Insurance Group* agreed to consult on management integration and forming a business alliance.
2009 December Extraordinary General Meeting of Shareholders approved a share exchange agreement with Mitsui Sumitomo Insurance Group Holdings and merger agreement with Nissay Dowa General Insurance (Aioi Insurance).
Extraordinary General Meeting of Shareholders approved a share exchange agreement with Mitsui Sumitomo Insurance Group Holdings and merger agreement with Aioi Insurance (Nissay Dowa General Insurance).
2010 April Aioi Insurance, Nissay Dowa General Insurance, and Mitsui Sumitomo Insurance Group* integrated management and established "MS&AD Insurance Group".
2010 October Aioi Insurance merged with Nissay Dowa General Insurance to establish "Aioi Nissay Dowa Insurance".
2011 June Merged with Adlick Insurance.
  • *Mitsui Sumitomo Insurance Group Holdings and Mitsui Sumitomo Insurance

History of Aioi Insurance

2000 March Agreed on comprehensive business alliance based on prospective merger between Dai-Tokyo Fire & Marine Insurance and The Chiyoda Fire & Marine Insurance.
2001 April Birth of "Aioi Insurance"
Simultaneously merged with life insurance subsidiary and started operations under the new name of "Aioi Life Insurance".
2002 June Formed business alliance with Insurance Australia Group (IAG).
2003 October Made comprehensive transfer of insurance policies held by the Japan branch of Winterthur Swiss Insurance Company.
2004 July Reached basic agreement on sales partnership with AXA Life Insurance.
2007 December Acquisition of non-life insurance license by "SBI Insurance Co.,Ltd.", a joint venture with SBI Holdings and SoftBank Corp. Operations began in January 2008.
2008 March Acquisition of non-life insurance license by "Adlick Insurance Co., Ltd.", a joint venture with Advance Create Co., Ltd. Operations began in April 2008
2008 October Invested in Lotte Insurance Co., Ltd of Korea and agreed on strategic business alliance.
2010 May Aioi Life Insurance agreed with Mitsui Sumitomo Kirameki Life Insurance to merge on 1 October 2011 pending regulatory approval.

History of Nissay Dowa General Insurance

1999 June Agreed to strengthen cooperative and capital relationships among Nippon Life Insurance, Nissay General Insurance, and Dowa Fire & Marine Insurance.
2000 May Concluded merger agreement between Dowa Fire & Marine Insurance and Nissay General Insurance.
2000 October Agreed on development of joint initiatives among Sumitomo Marine & Fire Insurance, Mitsui Marine & Fire Insurance, Nippon Life Insurance, and Dowa Fire & Marine Insurance.
2001 April Dowa Fire & Marine Insurance merged with Nissay General Insurance to establish "Nissay Dowa General Insurance".
Effected comprehensive transfer of in-force business from Dowa Life Insurance to Nippon Life Insurance.
Jointly established a company to develop and administer insurance agency systems among Sumitomo Marine & Fire Insurance, Mitsui Marine & Fire Insurance, Nippon Life Insurance, and Nissay Dowa General Insurance.
2001 May Nippon Life Insurance purchased additional stock (raising its holding from 24.96% to 33.40% of total number of issued shares).
2003 December Agreed on business alliance with St. Paul (now Travelers, US).
2006 April Entered into business alliance with Ingosstrakh Insurance (Russia).