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New Weather Market in ASIA

New Weather Market in ASIA. Nov. 9, 2005 Masahiro Ono, Mitsui Sumitomo Insurance Co.，Ltd. New Markets in Region. Potential Markets and Players in Asia (ex Japan ). ( Estimate). Korea Major Insurance Companies Taiwan Mingtai（Subsidiary of Mitsui Sumitomo Ins.) , Central Insurance

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New Weather Market in ASIA

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  1. New Weather Market in ASIA Nov. 9, 2005 Masahiro Ono, Mitsui Sumitomo Insurance Co.，Ltd.

  2. New Markets in Region Potential Markets and Playersin Asia (ex Japan) (Estimate) Korea Major Insurance Companies Taiwan Mingtai（Subsidiary of Mitsui Sumitomo Ins.), Central Insurance India Chola-MS General Ins (JV of Mitsui Sumitomo Ins.） , ICICI Lombart Thailand World Bank, Mitsui Sumitomo Ins （Thailand　Branch) Potential Playersin Japan • Lａｒｇｅ Industrial Companies (e.g. Breweries, Super Markets，etc.) • Individual Persons (through TIFFE) • Hedge Funds (Speculators, through TIFFE or Weather linked Bond)

  3. New Market in Products MSI’s Typhoon Derivatives • Index: Number of Typhoons which pass through • specific single or multi Circle(s) • Risk Profile: Not Catastrophic Weather Index Insurance in Asia • Economically same effect as Weather Derivatives • Ｎｏ Ｌｏｓｓ Adjustment Quick Settlement • Ｍｏｒｅ familiar to end-users • Premiums can be ａｃｃｏｕｎｔｅｄ as expenditure Other Products (non-Weather) • Oil (WTI) Derivatives for mid-small sized Companies in Japan • Earthquake Derivatives • (Emission Derivatives)

  4. New Exchange Market in Japan TIFFE (Tokyo International Financial Futures Exchange) Weather Derivatives are targeted to be listed in Mar 2006

  5. Contact For additional Information, please contact: Masahiro Ono, Manager Alternative Risk Transfer Section Financial Solutions Dept. Mitsui Sumitomo Insurance Co., Ltd. Address: 27-2 Shinkawa 2-Chome, Chuo-ku Tokyo 104-8252 Japan TEL: +813-3297-4601 (Tokyo) FAX: +813-3297-6965 (Tokyo) E-Mail: masahiro.ono@ms-ins.com Web Site : http://www.ms-ins.com/art/ Thank you

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