FORM 6-K
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
Commission File Number: 333-148157
For the Month of February, 2008
Mitsui Sumitomo Insurance Company, Limited
(Translation of registrant’s name into English)
27-2, Shinkawa 2-chome,
Chuo-ku, Tokyo 104-8252, Japan
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-
Information furnished on this form:
Table of Contents
1. [Translation in English]
News Release
Notice Regarding Changes in Directors and Corporate Auditors
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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| | | Mitsui Sumitomo Insurance Company, Limited |
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| Date: February 29, 2008 | | By: | /s/ Toru Hasegawa |
| | | | Toru Hasegawa |
| | | | General Manager
Shareholder Relations & Legal Dept. |
February 29, 2008
Notice Regarding Changes in Directors and Corporate Auditors
Mitsui Sumitomo Insurance Company, Limited hereby announces that the Company has resolved at the meeting of the Board of Directors held on February 29, 2008, concerning changes in directors and corporate auditors as follows:
Changes in Directors and Corporate Auditors
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| 1. Change in Representative |
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| | | Representative Director to Retire (March 31, 2008) |
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| | | | | Ken Ebina | | Representative Director |
| | | | | | | Director |
| | | | | | | Vice President Executive Officer |
| | | | | (To become Special Advisor of the Company) |
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| 2. Change in other Directors and Corporate Auditors |
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| (1) | | Candidates for Directors (To assume office following an extraordinary shareholders’ meeting scheduled April 1, 2008) |
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| | | Director
Managing Executive Officer | | Koichi Kubota | | Managing Executive Officer
General Manager of Tokyo Div. and General Manager for Claims Service Innovation, Tokyo Div. |
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| | | Director
Managing Executive Officer
General Manager of Claims Div. | | Yukihiro Kawazu | | Managing Executive Officer
General Manager of Kyushu Div.
and General Manager for Claims Service Innovation, Kyushu Div. |
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| (2) | | Directors to Retire (March 31, 2008) |
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| | | | | Isamu Endo | | Director |
| | | | | | | Senior Executive Officer |
| | | | | (To become Senior Managing Director of Mitsui Sumitomo Insurance Group Holdings, Inc.) |
| | | | | | | |
| | | | | Toshihiko Seki | | Outside Director |
| | | | | | | (part-time) |
| | | | | (To become Outside Director (part-time) of Mitsui Sumitomo Insurance Group Holdings, Inc.) |
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| (3) | | Candidates for Corporate Auditors (To assume office following an extraordinary shareholders’ meeting scheduled April 1, 2008) |
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| | | Standing Corporate Auditor
(full-time) | | Kenichi Enami | | President and Director of InterRisk Research Institute & Consulting, Inc. |
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| | | Standing Corporate Auditor
(full-time) | | Kazuo Araya | | Managing Executive Officer General Manager of Tokyo Commercial Business Div. 1st and General Manager for Claims Service Innovation, Tokyo Commercial Business Div. 1st |
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| (4) | | Corporate Auditor to Retire (following an extraordinary shareholders’ meeting scheduled April 1, 2008) |
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| | | | | Takashi Yamashita | | Standing Corporate Auditor |
| | | | | | | (full-time) |
| | | | | (To become Corporate Auditor (full-time) of Mitsui Sumitomo Insurance Group Holdings, Inc.) |
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| (5) | | Candidate for Corporate Auditor (To assume office following the annual shareholders’ meeting scheduled late June, 2008) |
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| | | Standing Corporate Auditor | | Takashi Yamashita | | |
| | | (full-time) | | | | |
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| (6) | | Corporate Auditor to Retire (following the annual shareholders’ meeting scheduled late June, 2008) |
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| | | | | Sanpei Nozaki | | Standing Corporate Auditor |
| | | | | | | (full-time) |
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| 3. Change in Executive Officers |
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| (1) | | Candidates for Executive Officers (To assume office April 1, 2008) |
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| | | Director | | Susumu Fujimoto | | Director |
| | | Managing Executive Officer | | | | |
| | | | | | | |
| | | Executive Officer
General Manager of Information Technology Planning Dept. | | Toshihide Okazaki | | Associate Director
General Manager of Information Technology Planning Dept. |
| | | | | | | |
| | | Executive Officer
General Manager of General Production Dept. 2nd, Tokyo Commercial Business Div. 1st | | Atsushi Yagi | | General Manager of General Production Dept. 2nd, Tokyo Commercial Business Div. 1st |
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| | | Executive Officer
Deputy General Manager of Underwriting Div. and General Manager of Automobile Underwriting Dept. | | Seiichi Ota | | Associate Director
General Manager of Office Processing Dept. |
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| | | Executive Officer
General Manager of Corporate Quality Control Dept. | | Noriyuki Hara | | Associate Director
General Manager of Automobile Underwriting Dept. |
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| | | Executive Officer
General Manager of Kansai Automobile Div. and General Manager for Claims Support Innovation, Kansai Automobile Div. | | Yuji Nishio | | General Manager of Fukuoka Automobile Production Dept., Kyushu Div. |
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| | | Executive Officer
General Manager of Corporate Planning Dept. | | Shiro Fujii | | General Manager of Corporate Planning Dept. |
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| (2) | | Executive Officers to Retire (March 31, 2008) |
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| | | | | Yoshihiko Mikuni | | Vice President Executive Officer |
| | | | | (To become President and Director of MSK Insurance Center Company, Limited) |
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| | | | | Toshihiro Nakagawa | | Senior Executive Officer
General Manager of Kanto & Koshinetsu Div. and General Manager for Claims Service Innovation, Kanto & Koshinetsu Div. |
| | | | | (To become Senior Managing Director of Mitsui Sumitomo Insurance Group Holdings, Inc.) |
| | | | | | | |
| | | | | Shigeru Kondo | | Executive Officer
General Manager of Gunma Branch, Kanto & Koshinetsu Div. |
| | | | | (To become President and Director of Mitsui Direct General Insurance Company, Limited) |
| | | | | | | |
| | | | | Toshio Yagi | | Executive Officer |
| | | | | (President and Director of MITSUI SUMITOMO INSURANCE Claims Adjusting Company, Limited) |
| | | | | | | |
| | | | | Shizuka Sasaki | | Executive Officer
General Manager of Marketing & Sales Promotion Dept. |
| | | | | (To become President and Director of Mitsui Sumitomo Kirameki Life Insurance Company, Limited) |
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| (3) | | Executive officers to be promoted (April 1, 2008) |
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| | | Senior Executive Officer
General Manager of Nagoya Commercial Business Div. and General Manager for Claims Support Innovation, Nagoya Commercial Business Div. | | Ichiro Iijima | | Managing Executive Officer
General Manager of Nagoya Commercial Business Div. and General Manager for Claims Service Innovation, Nagoya Commercial Business Div. |
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| | | Director | | Yasuyoshi Karasawa | | Director |
| | | Senior Executive Officer | | | | Managing Executive Officer |
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| | | Managing Executive Officer
General Manager of Kanagawa & Shizuoka Div. and General Manager for Claims Support Innovation, Kanagawa & Shizuoka Div. | | Keizo Yamamoto | | Executive Officer
General Manager of Kanagawa & Shizuoka Div. and General Manager for Claims Service Innovation, Kanagawa & Shizuoka Div. |
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| | | Managing Executive Officer
General Manager of Kanto & Koshinetsu Div. and General Manager for Claims Support Innovation, Kanto & Koshinetsu Div. | | Junichi Ui | | Executive Officer
General Manager of Shikoku Div. and General Manager for Claims Service Innovation, Shikoku Div. |
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| | | Managing Executive Officer
General Manager of Tokyo Commercial Business Div. 1st and General Manager for Claims Support Innovation, Tokyo Commercial Business Div. 1st | | Masamichi Irie | | Executive Officer
General Manager of East Asia & India Div. |
| | | | | | | |
| | | Managing Executive Officer | | Katsuhiko Kaneyoshi | | Executive Officer
General Manager of Kansai Automobile Div. and General Manager for Claims Service Innovation, Kansai Automobile Div. |
Supplement
The management (directors and executive officers) to launch on the day of an extraordinary shareholders’ meeting scheduled April 1, 2008.
| | | |
| Chairman and Director | | Yoshiaki Shin |
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President and Director
President and CEO
(Representative Director) | | Toshiaki Egashira |
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Director
Senior Executive Officer | | Hiromi Asano |
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Senior Executive Officer
General Manager of Underwriting Div.
General Manager of Financial & Governmental Institutions Business Promotion Div. and General Manager for Claims Support Innovation, Financial & Governmental Institutions Business Promotion Div. | | Kazuo Kondo |
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Senior Executive Officer
General Manager of Nagoya Commercial Business Div. and General Manager for Claims Support Innovation, Nagoya Commercial Business Div. | | Ichiro Iijima |
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Director
Senior Executive Officer | | Yasuyoshi Karasawa |
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Director
Managing Executive Officer | | Koichi Kubota |
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Director
Managing Executive Officer
General Manager of Financial Service Div. | | Katsuaki Ikeda |
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Managing Executive Officer
General Manager of Osaka Commercial Business Div. and General Manager for Claims Support Innovation, Osaka Commercial Business Div. | | Hideharu Nishida |
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Director
Managing Executive Officer | | Hitoshi Ichihara |
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Managing Executive Officer
General Manager of Tokyo Commercial Business Div. 1st and
General Manager for Claims Support Innovation, Tokyo Commercial Business Div. 1st | | Toshio Irie |
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Managing Executive Officer
General Manager of Tokyo Div. and General Manager for Claims Support Innovation, Tokyo Div. | | Hironobu Nanba |
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Managing Executive Officer
General Manager of Kansai Div. and General Manager for Claims Support Innovation, Kansai Div. | | Koji Amano |
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Director
Managing Executive Officer | | Susumu Fujimoto |
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Managing Executive Officer
General Manager of Kanagawa & Shizuoka Div. and General Manager for Claims Support Innovation, Kanagawa & Shizuoka Div. | | Keizo Yamamoto |
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Director
Managing Executive Officer
General Manager of Claims Div. | | Yukihiro Kawazu |
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Managing Executive Officer
General Manager of Kanto & Koshinetsu Div. and General Manager for Claims Support Innovation, Kanto & Koshinetsu Div. | | Junichi Ui |
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Managing Executive Officer
General Manager of Tokyo Commercial Business Div. 1st and
General Manager for Claims Support Innovation, Tokyo Commercial Business Div. 1st | | Masamichi Irie |
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| Managing Executive Officer | | Katsuhiko Kaneyoshi |
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Executive Officer
General Manager of Chiba & Saitama Div. and
General Manager for Claims Support Innovation, Chiba & Saitama Div. | | Makoto Toyoshima |
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Executive Officer
General Manager of Chubu Div. and
General Manager for Claims Support Innovation, Chubu Div. | | Yukio Higuchi |
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Executive Officer
General Manager of East Asia and India Div. | | Susumu Ichihara |
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Executive Officer
General Manager of Chugoku Div. and General Manager for Claims Support Innovation, Chugoku Div. | | Yasuo Kishimoto |
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Executive Officer
General Manager of Kyushu Div. and General Manager for Claims Support Innovation, Kyushu Div. | | Shuhei Horimoto |
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Executive Officer
General Manager of Shikoku Div. and General Manager for Claims Support Innovation, Shikoku Div. | | Hirofusa Matsukuma |
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Executive Officer
General Manager of Tokyo
Automobile Div. and
General Manager for Claims
Support Innovation, Tokyo
Automobile Div.
General Manager of Automobile
Business Promotion Div. and
General Manager for Claims
Support Innovation, Automobile
Business Promotion Div. | | Mitsuaki Matsumoto |
| | | |
Executive Officer
General Manager of Tohoku
Div. and General Manager for Claims Support Innovation, Tohoku Div. | | Jun Utamaru |
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Executive Officer
General Manager of Hokkaido
Div. and General Manager for Claims Support Innovation, Hokkaido Div. | | Masaaki Nishikata |
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Executive Officer
Mitsui Sumitomo Marine
Management (U.S.A.) Inc. CEO | | Tetsuro Kihara |
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Executive Officer
General Manager of Information
Technology Planning Dept. | | Toshihide Okazaki |
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Executive Officer
General Manager of General
Production Dept. 2nd, Tokyo
Commercial Business Div. 1st | | Atsushi Yagi |
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Executive Officer
Deputy General Manager of
Underwriting Div. and
General Manager of Automobile
Underwriting Dept. | | Seiichi Ota |
| | | |
Executive Officer
General Manager of Corporate
Quality Control Dept. | | Noriyuki Hara |
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Executive Officer
General Manager of Kansai
Automobile Div. and
General Manager for Claims
Support Innovation, Kansai
Automobile Div. | | Yuji Nishio |
| | | |
Executive Officer
General Manager of Corporate
Planning Dept. | | Shiro Fujii |
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Director
(part-time) | | Eiko Kono |
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Director
(part-time) | | Kenji Koroyasu |
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Director
(part-time) | | Iwao Taka |
Note Regarding Forward-looking Statements
This document contains forward-looking statements that are based on the Company’s current expectations, assumptions, estimates and projections about its business, its industry and capital markets around the world. These forward-looking statements are subject to various risks and uncertainties. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “anticipate”, “estimate”, “plan” or similar words. These statements discuss future expectations, identify strategies, contain projections of results of operations or of the Company’s financial condition, or state other forward-looking information. Known and unknown risks, uncertainties and other factors could cause the actual results to differ materially from those contained in any forward-looking statement. The Company cannot promise that its expectations expressed in these forward-looking statements will turn out to be correct. The Company’s actual results could be materially different from and worse than those expectations. Important risks and factors that could cause the Company’s actual results to be materially different from its expectations include, but are not limited to; (1) economic downturn in Japan; (2) the extent of competition that the Company faces from Japan’s other major non-life insurance companies and new entrants in the Japanese non-life insurance market; (3) the extent of further deregulation of the Japanese insurance industry; (4) occurrence of natural disasters in Japan; (5) occurrence of losses the type or magnitude of which could not be foreseen by the Company at the time of writing the insurance policies covering such losses; (6) the price and availability of reinsurance; (7) the performance of the Company’s investments; and (8) the Company’s relationship with the other “Mitsui” and “Sumitomo” companies.
