共栄火災海上保険

Wiki route

This entry sits under non-life-insurers INDEX. Read it against SOMPO Holdings (Sompo Holdings) for peer / contrast context and banking index for the broader system / regulatory boundary.

TL;DR

A mid-sized non-life insurance company with JA Kyosairen as its largest shareholder (74.20%). Founded in the 1942-07-01 wartime consolidation (Daito Marine + Daifuku Marine), it converted to a mutual company in 1946 年, which was rare in the non-life industry, and converted to a stock company in 2003-04 . It does not belong to the 3 major non-life insurers (tokio-marine / msad / sompo), taking an independent route in the cooperative / cooperative-organization lineage. It holds a relatively strong share in Hokkaido, Tohoku, Hokuriku, and Kyushu, positioned to complement areas that JA Kyosai cannot handle (automobile, fire, etc.). From 2025-04 , it started a new medium-term plan, “SHIFT — Toward Sustainable Growth —.” ^•

1. Company profile

Legal name: The Kyoei Fire & Marine Insurance Company, Limited ^• English name: The Kyoei Fire and Marine Insurance Company, Limited Established: 1942-07-01 (merger of Daito Marine + Daifuku Marine) ^• Headquarters: Shimbashi 1-18-6, Minato-ku, Tokyo (〒105-8604) ^• Capital: 525 億円 (as of 2023-03-31) ^• Employees: 2,809 名 (as of 2023-03-31) ^• Listing category: Unlisted (the cooperative / cooperative-organization lineage are shareholders)

2023-03 period results (the 82 term) ^•

Major shareholders (as of 2023-03-31) ^•

Note: While the original brief listed “Mitsui Sumitomo Insurance, approximately 14%” as a major shareholder, the entry of an MS&AD-affiliated shareholder cannot be confirmed in public information (Wikipedia “共栄火災海上保険” shareholder composition). The largest shareholder is JA Kyosairen 74.20%, followed by Norinchukin Bank 6.63% and Shinkin Central Bank 6.08%, all of which are cooperative-organization-system. It once decided in 2001 年 to join the Millea Insurance Group (the predecessor of the current tokio-marine HD), but it withdrew in 2002-08 and chose stock-company conversion with JA Kyosairen as the largest shareholder, so the current structure is completed within the JA Kyosairen / cooperative-organization lineage.

Key chronology ^•

2. Business segment map

Sales channels ^•

• Cooperative / cooperative-organization-system agencies (JA, shinkin, fishery cooperatives, etc.)
• Corporate / dealer / repair-shop agencies
• Kyoei Pro Club (a professional-agency network)
• Direct-sales employees

Regional characteristics ^•

The enrollment share is relatively high in Hokkaido, Tohoku, Hokuriku, and Kyushu. This coincides with regions where the agricultural-cooperative base is strong, and the structure with JA Kyosairen as the largest shareholder is reflected in the sales network.

GO TO THE NEXT STAGE (FY2022～2024 年) ^•

• “Toward a Company Chosen More by Customers”
• FY2024 年 was the final year

SHIFT — Toward Sustainable Growth — (FY2025～) ★ ^•

• “SHIFT” = not merely change, but shifting the center of gravity while adapting to environmental change
• Priority themes:
  1. Strengthening relationships of trust with cooperatives / cooperative-organization bodies and closely allied companies / dealers / repair shops
  2. Strengthening the Kyoei Pro Club / direct-sales-employee channels
  3. Establishing a business structure that can sustainably realize growth investments such as investment in human resources / system investment
  4. Building an organization to survive an era of high uncertainty

Competition / positioning

4. Regulation / policy

• Jurisdiction: FSA
• Industry body: General Insurance Association of Japan
• Regulation: Insurance Business Act, supervisory guidelines for non-life insurance companies
• Recent policy topics:
  • Automobile insurance rates (rising loss ratios → a rate-increase phase)
  • Natural disasters (typhoons, torrential rain, earthquakes) and reinsurance costs
  • Discussion of the cooperative-finance system of the JA Kyosairen lineage
  • The spillover to mid-sized non-life insurers of the non-life industry cartel problem (2023～2024 majors 4 社)

Related

• tokio-marine · msad · sompo — the 3 major non-life insurers
• axa-japan — foreign-affiliated non-life insurer
• kampo-life — the periphery of cooperative-organization-system finance
• Parent-company lineage: JA Kyosairen, Norinchukin Bank, Shinkin Central Bank

Sources

• Wikipedia: 共栄火災海上保険（https://ja.wikipedia.org/wiki/共栄火災海上保険, 2026-05-19 extracted）
• Kyoei Fire new-graduate recruitment site, Vision (kyoeikasai.co.jp/recruit/about/vision.html, 2026-05-19 extracted)
• Nikkan Kogyo Shimbun, “Kyoei Fire & Marine Insurance strengthens management strength with a new medium-term plan” (2026-05-19 extracted)
• Kyoei Fire “JA Group Kyoei Fire” pamphlet (kyoeikasai.co.jp/about/know/pdf/ja.pdf)

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[!info] 検証状況 confidence: likely (v1.0 Wikipedia + official recruitment site + industry-paper cross-check 2026-05-19). The main figures (ordinary revenue 2,105 億 / net income 6.5 億 / total assets 5,656 億 / JA Kyosairen 74.20% / capital 525 億) are based on public information as of 2023-03-31. The “Mitsui Sumitomo Insurance, approximately 14%” stated in the original brief cannot be confirmed in public information and is marked ambiguous. The latest figures should be checked against the company’s “current status 2025” disclosure publication.