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Tokio Marine

Tokio Marine Insurance Company Details

Tokio Marine.svg
Native name
東京海上ホールディングス株式会社
Romanized name
Tōkyō Kaijō Hōrudingusu kabushiki gaisha
Type
Public KKTraded as TYO: 8766
TOPIX Core 30 ComponentISINJP3910660004 Edit this on WikidataIndustryInsuranceFounded1879; 141 years ago (1879)Headquarters Marunouchi, Tokyo, Japan
Area served
Worldwide
Key people
Shuzo Sumi (Chairman of the Board)
Satoru Komiya (President & Group CEO)Revenue Increase JP¥ 4,579,076 million (FY 2015)
Net income
Increase JP¥ 254,540 million (FY 2015)
Number of employees
39,191 (FY2018)Parent TMTBJ investment trusts (5.4%)
Meiji Yasuda Life (2.1%)Websitetokiomarinehd.com

Tokio Marine Plans details Review

Tokio Marine Holdings, Inc., 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 39,000 people in 38 countries worldwide.

Main business of Tokio Marine are Management of non-life insurance companies, life insurance companies, specialized securities companies, foreign companies engaged in insurance businesses and any other company which is or may become a subsidiary of the Company in accordance with the provisions of the Insurance Business Law of Japan, and any other business pertaining to the foregoing item.

Tokio Marine is part of Mitsubishi, one of the few Japanese giant conglomerates (Keiretsu).

Tokio Marine History

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.

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. In June 2015, Tokio Marine announced it would be acquiring HCC Insurance Holdings for $7.5 billion. Tokio Marine forecast that 46% of its profits would come from outside Japan following the HCC acquisition.

From June 2019, President and Group CEO is Satoru Komiya. In October 2019, Tokio Marine Insurance announced it would buy insurer Pure Group for about $3.1 billion.

Tokio Marine Holdings

Domestic Non-Life Insurance Business

  • Tokio Marine & Nichido Fire Insurance Co.
  • Nisshin Fire & Marine Co.
  • E.design Insurance
  • Tokio Marine Millea SAST

Domestic Life Insurance Business

  • Tokio Marine & Nichido Life Insurance Co.
  • Tokio Marine & Nichido Financial Life Insurance Co.

International Insurance Business

  • Tokio Marine HCC
  • Tokio Marine Technologies
  • Philadelphia Insurance Companies
  • Tokio Marine Asia – Regional HQ for Asia Pacific
  • Tokio Marine Kiln Group
  • Delphi Financial Group
  • Tokio Marine America
  • Safety National

Other Non-Insurance Businesses

  • Tokio Marine Asset Management
  • Tokio Marine & Nichido Career Service Co.
  • Millea Real-Estate-Risk Management
  • Tokio Marine & Nichido Facilities
  • Millea Mondial
  • Tokio Marine Nichido Samuel

Tokio Marine References

  • Tokio Marine Holdings – Annual Report 2011

Tokio Marine biography Net worth, Details Reference

  • Company website (in Japanese)
  • Company website (in English)

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Updated: April 22, 2020 — 11:19 pm

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