Mitsui Sumitomo Insurance to Acquire Time Machine Underwriters

Norbert Gehrke

09 Jul 2025 — 2 min read

Mitsui Sumitomo Insurance (MSI), a subsidiary of MS&AD Insurance Group, has decided to acquire shares of Time Machine Underwriters (TMU), a Managing General Agency (MGA) specialized in Representation & Warranty Insurance in Japan.

MSI plans to acquire the majority ownership share of TMU on August 1 2025, and the remaining shares after a certain period of time to make it a 100% subsidiary. MSI, which plans to merge with Aioi Nissay Dowa Insurance around April 2027, will further enhance underwriting and marketing strategies for Representation and Warranty Insurance under the new merged company.

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Japan FinTech Observer #119

Welcome to the one hundred nineteenth edition of the Japan FinTech Observer. With the last update on the Shunto wage negotiations behind, and the Upper House elections ahead of us, it is worth taking another look at the situation the average Japanese consumer finds herself in. In September 2022, we

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UPSIDER Establishes Venture Debt Fund "UPSIDER BLUE DREAM Growth Fund 2"

SMBC Group Launches Agentic AI Venture to Pioneer Next-Generation Enterprise AI

Summary of the 9th Meeting of the Central Bank Digital Currency Liaison Council

Japan FinTech Observer #119