Mitsui Sumitomo Insurance Group Holdings
Mitsui Sumitomo Insurance Group Holdings, Inc. is a Japan-based holding company engaged in two business segments through its subsidiaries and associated companies in both domestic and overseas markets. The Non-Life Insurance and Related segment is engaged in non-life insurance and related businesses, as well as asset management business, which include investment and fund advisory, in addition to other related businesses. This segment is also engaged in other general business service activities, including real estate management, computer system operation, computer software development, training, manpower dispatching, nursing care facility operation and senior welfare, among others. The Life Insurance segment provides life insurance agency services. The Company has 93 subsidiaries and 20 associated companies.
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News
Asian shares are set for a weak start on Monday after US markets fell on lower commodities prices and Greek debt concerns. Japanese market today is closed for Vernal Equinox Day. Most Asian markets gained on Friday. Japan's Nikkei index rose 0.8 per cent while weakness in yen boosted exporters. China's Shanghai Composite was also higher, with Alunimium Corp of China surged 10 per cent on Friday. Hong Kong's Hang Seng Index was up 0.2 per cent and South Korea's Kospi climbed 0.7 per cent.
Wall Street closed flat overnight after Federal Reserve Chairman Ben Bernanke said the interest rate would be hold at low for an extended period due to the subdued economy and low inflation.
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