The MS&AD Integrated Report aims to deepen understanding of our Group's medium- to long-term value creation by explaining our growth strategies, future aspiration, and the frameworks that support value creation. Additionally, the editing of the report is structured with reference to the “four pillars (governance, strategy, risk management, and metrics and targets)” recommended by the TCFD (Task Force on Climate-related Financial Disclosures) and the IFRS Sustainability Disclosure Standards.

FY2025

The 2025 edition is structured to emphasize statements of intent by Directors aimed at improving governance, in light of multiple incidents of misconduct. Additionally, it presents a growth vision through forward-looking CxO messages enriched with storytelling elements, focusing on the upcoming mid-term management plan.

 

Sections

Basic approach of the MS&AD Insurance Group

001 Editorial Policy

002 Disclosure Framework

003 Contents

005 Our Mission

007 At a Glance

009 MS&AD’s Value Creation Story

011 Value Creation Resources and Outcomes

013 Materiality Identification

Management and governance to enhance long-term corporate value

017 Present and Future of the MS&AD Group

019 CEO Message

025 CFO Message

031 CSuO Message

033 Message from the Chairman of the Board of Directors

035 Roundtable Discussion between the Second and Third Lines of Defense

040 Message from an Outside Director

041 Administrative Action and Business Improvement plan

043 Our Management Team

045 Content of Discussions of Meetings of the Board of Directors

046 Group Governance

047 Strengthening Our International Business

Strategies to enhance corporate value

053 Review of the Medium-Term Management Plan and Aspiration for 2030

055 Medium-Term Management Plan (2022–2025)

057 Sustainability

062 Quality

063 Human Resources

067 ERM

069 Risk Management

071 Promotion of Compliance

072 Information Security Management

073 DX Strategy

075 Investment (asset management)

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Status of strategy implementation

079 Progress of the Medium-Term Management Plan (2022–2025)

081 Financial and Nonfinancial Highlights

083 11-Year Performance

085 Reports by Segment

Governance initiatives and Group status report

095 Corporate Governance

103 Engagement with Shareholders and Investors

105 Corporate Profile

116 Basic Knowledge about the Insurance Industry Glossary of Insurance Terminology

122 Performance Record

187 ESG Evaluation / Participation in Initiatives

188 Third-Party Assurance

189 On the Issuance of the MS&AD Integrated Report 2025

Solvency margin rate of Mitsui Sumitomo Insurance stated in annual reports from FY2004 through FY2008 is adjusted in the FY2009 report.