Our History
Many people in Europe have never heard of Aioi Nissay Dowa Europe, or our holding company MS&AD holdings, but in Asia we are a household name and we can trace our history back nearly 500 years!
Our Start
| 1623 | Sumitomo Masatomo, a former Buddhist priest started a book shop in Kyoto, before moving into the Copper Refining industry to expand the company wealth. |
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| 1673 | Mitsui Takatoshi founded a kimono shop with a unique approach to sales. The earliest example of marketing in Japanese history. |
| 1889 | Nippon (Nissay) Life Assurance Co., Inc. was formed in in July 1889 by Sukesaburo Hirose and was the first Japanese insurer to offer profit dividends to policyholders. |
| 1944 | Dowa Fire and Marine Insurance Company Ltd was founded in Japan. It was later established as a UK branch in 1968. |
Our Recent History
| 1999 | Toyota Insurance Management established, set up to act as Toyota's internal insurance competence centre. |
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| 2001 | Chiyoda and Dai Tokyo merge to form Aioi (Japanese word meaning for coming together). |
| 2001 | Merger of Dowa Fire and Marine and Nissay General Insurance to form Nissay Dowa Insurance Company. |
| 2001 | Sumitomo Marine and Mitsui Marine merged to form Mitsui Sumitomo Insurance Company Limited. |
| 2004 | Aioi Motor and General Insurance Company of Europe Ltd. was established in the U.K. |
| 2005 | Aioi Nissay Dowa Life Insurance (ANDLIE), ANDIE's subsidiary was established. |
| 2009 | Aioi Insurance, Nissay Dowa General Insurance, and Mitsui Sumitomo Insurance Group reach a basic agreement on business integration. In conjunction they announced an integration plan, presidents of the holding companies, addresses, descriptions, corporate name, etc. |
| 2010 | MSIG changed its name to MS&AD Insurance Group Holdings in April 2010. |
| 2010 | Aioi Insurance and Nissay Dowa Insurance merged into "Aioi Nissay Dowa Insurance". |