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Home > Company Index > Insurance > Property & Casualty Insurance > Sumitomo Marine & Fire Insurance Co., Ltd.

Sumitomo Marine & Fire Insurance Co., Ltd.
 PROFILE
Sumitomo Marine & Fire, a member of the Sumitomo "keiretsu," is a leading property and casualty insurer in Japan. The company is expanding its coverage thanks to Japan's "Big Bang" of financial deregulation, which allows insurance companies to set their own rates. The majority of the company's revenues come from auto-related insurance, with the remainder coming from fire, casualty, and marine insurance. Sumitomo Marine even offers "Ladies Insurance" for women, covering injuries to the head and face. The company has subsidiaries in Asia, Europe, the Middle East, and North and South America. Sumitomo Marine is merging with Mitsui Marine & Fire, creating one of Japan's largest nonlife insurers.

 COMPETITION
Mitsui Marine & Fire Insurance Company, Limited (MMFIY)
The Tokio Marine and Fire Insurance Company, Limited (TKIOY)
The Yasuda Fire and Marine Insurance Company, Limited (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: March
2000 Sales (mil.): 8,843.20
1-Yr. Sales Growth: 10.9%
Employees: 7,468
Revenue per employee: $1,184,145.69

 KEY PEOPLE
• Hiroyuki Uemura
    CEO

 CONTACT INFO
27-2, Shinkawa, 2-chome
Tokyo 104-8252, Japan
Phone: 81-3-3297-1111
Fax: 81-3-3297-6880
Online: Web Site

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