Press Release
[English Translation] September 29, 2006
Findings of Investigation regarding Failure to Properly Pay Claims of Extraordinary Expenses Coverage, etc;

Mitsui Sumitomo Insurance Co., Ltd. (“the Company”) (President and CEO Toshiaki Egashira) hereby announces a summary of the findings in the investigation made on failure to properly pay claims of extraordinary and other incidental expenses under Extraordinary Expenses  Coverage, etc., as follows:

1. The Company has investigated on cases of possible failure to pay claims for extraordinary and other incidental expenses under Extraordinary Expenses Coverage, etc.; in respect of claims paid during the period from April 2002 to June 2005, and the total number of the actual failure to properly pay claims counts to 46,819 cases as a result.
2. Out of the above-mentioned cases, 45,168 cases or 96.5 percent thereof were settled as of September 28, 2006.   The Company continuously makes efforts to settle the rest of those cases as soon as possible.
3. The reasons for the number of cases increased from that reported on September 21, 2006 are as follow;
(1) Claims found eligible under the investigation and monitoring additionally conducted from August to September 2006 in respect of cases involving combinations of supplementary coverage under automobile policies where a possibility of complementary payment exists; 1,067 cases;
< examples >
(i) In case where the fellow passenger on the insured car was indemnified under the bodily injury liability insurance and passengers’ personal accident insurance, Extraordinary  Expenses should also have been reimbursed under the bodily injury insurance,
(ii) In case where the fellow passenger on the insured car was indemnified under the bodily injury liability insurance, personal accident insurance, medical expenses, and , or compensation for sequela, etc. under the single-car accident insurance, and the fellow passenger was paid for medical expenses under the passengers’ personal accident insurance, compensation for sequela, etc. should also have been paid to the fellow passenger,
(iii) In case where medical expenses, compensation for sequela, etc. were paid under the passengers’ personal accident insurance, and medical expenses were paid under the single-car accident insurance, compensation for sequela, etc. should have been paid to the fellow passengers,
  and so on.
  (2) Claims newly confirmed eligible after further progress of checking the doubtful cases found in the investigations conducted earlier;  111 cases.

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