MSIG USA and MSI Japan Partner with IFC to Expand Lending in Emerging Markets
NEW YORK, February 24, 2026 — Leads & Copy —
MSIG USA and Mitsui Sumitomo Insurance Company, Limited (MSI Japan), referred to as MSIG, have partnered with the International Finance Corporation (IFC), a member of the World Bank Group, to launch an insurance-backed credit facility aimed at expanding financial access in emerging markets.
The facility will enable IFC to increase lending to banks and financial institutions in emerging markets, thereby improving credit access for small and medium-sized enterprises and other growth-oriented sectors.
The credit insurance policy is part of IFC’s Managed Co-Lending Portfolio Program (MCPP), designed to mobilize private-sector capacity in support of development finance. By transferring a portion of credit risk to the insurance market, the structure enhances IFC’s capital efficiency and enables additional lending in markets where long-term financing is limited.
Daniel Riordan, Head of Political Risk and Trade Credit at MSIG USA, stated that their expertise is grounded in MS&AD’s mission to contribute to a more vibrant society. He added that the company is proud to enable financial resilience and economic development in emerging markets with partners like IFC, due to their A+ Class XV financial strength and experience.
Junichiro Mizukami, Managing Executive Officer at MSI Japan, said they are honored to participate in this program through a collaboration with MSIG USA and are excited to contribute to the sustainable development of the global environment and society.
The $6 billion credit insurance policy is one of the largest credit insurance programs arranged by a multilateral development institution to date and represents IFC’s latest execution under the MCPP framework. It will support up to $10 billion in new IFC lending to commercial banks and other institutions. This also marks MSIG’s first participation in an IFC MCPP Credit insurance facility.
Kevin Njiraini, Director of Syndicated Loans and Mobilization at IFC, said that this credit insurance facility demonstrates how private insurers can unlock larger investments and enable more lending to small and medium-sized businesses in emerging markets. He thanked MSIG for their partnership in delivering this facility, which mobilizes insurers’ underwriting capacity to drive growth and create jobs.
Through this partnership, MSIG supports IFC’s mission to promote private-sector development, job creation, and economic resilience across emerging and developing economies.
MSIG USA is the marketing term used to refer to MSIG Holdings (U.S.A.), Inc. (“MSIGH”), its insurance subsidiaries, and their managers. MSIGH’s insurers are Mitsui Sumitomo Insurance Company of America, Mitsui Sumitomo Insurance USA Inc., and MSIG Specialty Insurance USA Inc. The insurers are managed by Mitsui Sumitomo Marine Management (U.S.A.), Inc. and MSIG Insurance Services, Inc. MSIGH is a subsidiary of MS&AD Insurance Group Holdings, Inc.
Mitsui Sumitomo Insurance Company, Limited (MSI Japan) operates under the auspices of MS&AD Insurance Group Holdings, Inc. Established on October 21, 1918, MSI Japan has a history that extends back over 350 years through the legacies of the Mitsui and Sumitomo groups. It operates in 41 countries and regions. MSI Japan ‘s services span various domains, including domestic non-life insurance, international business, financial services, and digital risk-related services.
Source: MSIG USA
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