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Press Release

1. The International Insurance Society, Inc.
The International Insurance Society, Inc. is an organization which provides executives concerned life and non-life insurance business and/or study etc. with opportunities to make contacts, exchange ideas and obtain knowledge on a global scale.
(1) Headquartered in New York
(2) Founded in 1965
(3) President and Chief Executive Officer : Mr. Patrick W. Kenny
(4) Members: Approximately 1,000 members, individuals and institutions, from 92 countries who are an executive in insurance/reinsurance companies and insurance brokers, others interested in insurance such as lawyers, auditors and academicians.
(5) Principal activities: To hold annually Seminars to share cutting-edge knowledge on insurance. Approximately 500 participants gathered globally.
This year's Seminar is scheduled on July 11th to 14th in London.
The Society is a manager of the Insurance Hall of Fame awards which are presented to those who have made significant contributions to the advancement of the insurance industry.

2. Laureates for 2004
  • Mr. Takeo Inokuchi, Chairman and CEO, Mitsui Sumitomo Insurance Co., Ltd., Japan.
  • Mr. Kees J. Storm, Retired Chairman of the Executive Board, AEGON N. V., Netherlands
  • Mr. Per M. Hansson (1905-1993), Norway, deceased Chairman of Storebrand, a leading Norwegian insurance company.

  • 3. Laureates in the past
    109 executives and academicians etc. have been awarded into the Insurance Hall of Fame from 1957 through 2003, including Mr. Claude Bbar, Chairman of the Supervisory Board, AXA group and Mr. Maurice R. Greenberg, Chairman and Chief Executive Officer, American International Group, Inc.
    8 persons as listed below have been awarded into the Insurance Hall of Fame from Japanese life and non-life insurance industry.
    < Laureates from Japanese non-life insurance industry >
    1970 Kenkichi Kagami (1868-1939,Tokio Marine & Fire Insurance Company)
    1982 Haruo Murase (1871-1924,Yasuda Fire & Marine Insurance Company)
    < Laureates from Japanese life insurance industry >
    1970 Tsuneta Yano (The Dai-ichi Mutual Life Insurance Company)
    1976 Gen Hirose (Nippon Life Insurance Company)
    1978 Taizo Abe (Meiji Mutual Life Insurance Company)
    1983 Ikunoshin Kadono (Chiyoda Mutual Life Insurance Company)
    1997 Saburo Kawai (Kyoei Life Insurance Company)
    2001 Josei Itoh (Nippon Life Insurance Company)

    remarks : company names shown above are designated by Laureates records in the International Insurance Society

    Personal history of Mr. Takeo Inokuchi
    born April 9th,1942

    Career with Mitsui Sumitomo Insurance Co., Ltd.
    April 1965 Entered (then) Taisho Marine and Fire Insurance Co., Ltd.
    April 1990 General Manager of Non-Marine Underwriting Dept.
    June 1993 Director, General Manager of Non-Marine Underwriting Dept., Mitsui Marine and Fire Insurance Co., Ltd.(renamed from Taisho Marine and Fire Insurance Co., Ltd.)
    June 1994 Managing Director
    April 1996 President
    June 2000 Chief Executive Officer, Chairman, President
    October 2001 Chairman & CEO, Mitsui Sumitomo Insurance Co., Ltd. (created by the merger with The Sumitomo Marine & Fire Insurance Co., Ltd.)
    (current)    

    Public/Semi-Public Position
    July 1997 Executive Director, Japan Business Federation (Nippon Keidanren)
    November 1997 Executive Councilor, The Tokyo Chamber of Commerce and Industry
    May 2002 Co-Chairman of the Committee on Economic Policy, Japan Business
    Federation (Nippon Keidanren)
    August 2002 Director, the International Insurance Society, Inc.
    December 2002 Vice Chairman of the Radio Regulatory Council, The Ministry of Public Management, Home Affairs, Posts and Telecommunications
    April 2003 Vice Chairman, Japan Association of Corporate Executives (Keizai Doyukai)
    April 2003 Chairman of the Committee on Fiscal and Administrative Reforms,Japan Association of Corporate Executives (Keizai Doyukai)
    September 2003 Deputy Chairman of the Independent Administrative Institution Evaluation Committee, Ministry of Foreign Affairs
    September 2003 Chairman of the Sub-committee of the Independent Administrative Institution Evaluation Committee for the Japan International Cooperation Agency, Ministry of Foreign Affairs
    remarks : All posts shown above are current.

    Award
    October 2003 Asia Insurance Industry Awards 2003, Personality of the Year

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