MS&AD Subsidiaries Penalized for Antitrust Violations
Company Announcements

MS&AD Subsidiaries Penalized for Antitrust Violations

MS&AD Insurance Group Holdings (JP:8725) has released an update.

MS&AD Insurance Group Holdings’ subsidiaries, Mitsui Sumitomo Insurance and Aioi Nissay Dowa Insurance, have been penalized by the Japan Fair Trade Commission for violating antitrust laws in their non-life insurance policies for certain clients. Both companies have been ordered to cease these practices and pay significant monetary penalties, though they have received reductions through a leniency program. Despite these actions, the company maintains its earnings forecast for the fiscal year ending March 2025.

For further insights into JP:8725 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Japan Auto-Generated NewsdeskMS&AD Insurance Completes Share Buyback
TipRanks Japan Auto-Generated NewsdeskMS&AD Insurance Completes Major Share Buyback
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App