May 24, 2019 / NTS GMT
Yasuyoshi Karasawa - MS&AD Insurance Group Holdings, Inc. - President, CEO & Director
Good afternoon, ladies and gentlemen. My name is Karasawa, President of MS&AD Insurance Group Holdings. Thank you very much for taking time out of your occupied schedules to join us for this information meeting. I really appreciate your participation.
In fiscal 2018, a lot of large-scale natural disasters occurred. In Japan, there were 520,000 accident reports received for the entire group, significantly exceeding the number received in the wake of the Great East Japan Earthquake. Overseas, hurricanes in the United States, wildfire in California and continuous earthquakes in Indonesia resulted in the fourth largest natural disaster losses in history. We express our sincere sympathy to all the victims and people affected. Our entire group has made concerted efforts to support the victims in rebuilding their lives, restoring businesses and recovering and reconstructing the stricken areas through swift payment of insurance claims and other measures.
The group adjusted profit exceeded the revised
MS&AD Insurance Group Holdings Inc 2019 1st Information Meeting Transcript
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