Tokio Marine

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Tokio Marine Holdings, Inc.
株式会社東京海上ホールディングス
Public KK
Traded as TYO: 8766
OTC Pink: TKOMF
OTC Pink: TKOMY
TOPIX Core 30 Component
Industry Insurance
Founded 1879; 138 years ago (1879)
Headquarters Marunouchi, Tokyo, Japan
Area served
Worldwide
Key people
Shuzo Sumi (Chairman of the Board)
Tsuyoshi 'Nick' Nagano(President & Group CEO)
Revenue Increase JP¥ 4,579,076 million (FY 2015)
Increase JP¥ 254,540 million (FY 2015)
Number of employees
36,902 (FY2015)
Website tokiomarinehd.com

Tokio Marine Holdings, Inc. (株式会社東京海上ホールディングス Kabushiki-kaisha Tōkyō Kaijō Hōrudingusu?, TYO: 8766, OTC Pink: TKOMY), is a multinational insurance holding company headquartered in Tokyo, Japan. It is the largest property/casualty insurance group in Japan in terms of revenue and is the parent company for the Tokio Marine Group which employs 36,000[1] people in 38 countries worldwide.

History[edit]

Founded in 1879 as Tokio Marine Insurance, it is the oldest insurance company in Japan. Millea Holdings was established in 2002 to become the parent company to Tokio Marine Insurance and Nichido Fire Insurance in preparation for their merger, before being renamed Tokio Marine Holdings in 2008.[2]

Tokio Marine acquired the Philadelphia Insurance Companies for $4.7 billion in 2008, and acquired the Delphi Financial Group for $2.66 billion in 2012.[3] In June 2015, Tokio Marine announced it would be acquiring HCC Insurance Holdings for $7.5 billion.[4] Tokio Marine forecast that 46% of its profits would come from outside Japan following the HCC acquisition.[3]

Holdings[edit]

Domestic Non-Life Insurance Business

Domestic Life Insurance Business

International Insurance Business

Other Non-Insurance Businesses

References[edit]

  1. ^ http://www.tokiomarinehd.com/en/group/
  2. ^ http://www.tokiomarinehd.com/ir/library/annual_report/pdf/annualreport2008.pdf
  3. ^ a b Fukase, Atsuko (10 June 2015). "Tokio Marine to Buy HCC Insurance for $7.5 Billion". The Wall Street Journal. Retrieved 11 June 2015. 
  4. ^ Taiga Uranaka (10 June 2015). "Tokio Marine to buy HCC Insurance for $7.5 billion". Reuters. Retrieved 10 June 2015. 

External links[edit]