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MSIG honoured as 10th “Most Admired Company in the World” by Fortune magazine
MSIG continues to be ranked the highest among Japanese general insurers in the Property and Casualty industry, climbing from No.13 in 2008 to No.10 in 2009.
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Ranking
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2009
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2008
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1
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Berkshire Hathaway
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Berkshire Hathaway
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2
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Travelers Cos.
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Hartford Financial Services
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3
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Munich Re Group
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Travelers Cos.
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4
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Swiss Reinsurance
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AIG
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5
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Allianz
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Allstate
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6
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Zurich Financial Services
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Swiss Reinsurance
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7
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State Farm Insurance
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Munich Re Group
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8
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Liberty Mutual Insurance Group
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Liberty Mutual Insurance Group
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9
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Allstate
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Allianz
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10
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Mitsui Sumitomo Insurance
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Zurich Financial Services
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11
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Mapfre
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State Farm Insurance
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12
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Millea Holdings
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Nationwide
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13
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Hartford Financial Services
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Mitsui Sumitomo Insurance
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14
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Nationwide
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Millea Holdings
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15
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Groupama
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Groupama
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Fortune, a reputable, worldwide economics magazine, conducted a survey with a sample size of 15,000 people including executives, directors and analysts around the world, and asked them to vote for the companies that they admired most from the Fortune 500 companies list. The performance of these companies is assessed by 9 key attributes of reputation, which are:
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Innovation
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People Management
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Use of Corporate Assets
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Social Responsibility
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Quality of Management
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Financial Soundness
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Long-term Investment
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Quality of Products Services
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Global Competitiveness
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In addition to its overall 2009 ranking of No.10, MSIG dramatically improved its performance in 4 of these 9 key attributes as shown below:
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9 Key Attributes of Reputation
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Industry Rank
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2009
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2008
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Innovation
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11
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13
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People Management
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11
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13
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Use of Corporate Assets
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9
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13
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Social Responsibility
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9
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14
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Quality of Management
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11
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13
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Financial Soundness
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9
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13
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Long-term Investment
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10
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11
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Quality of products/ services
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11
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13
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Global Competitiveness
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6
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9
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