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Company Profile For Tokio Marine Holdings, Inc.

Tokio Marine Holdings, Inc. (8766.T) (Tokyo Stock Exchange)
sector: Financials · industry: Insurance - Property & Casualty ·
As of  9:58am IST
2,415JPY
Price Change
+35
Percent Change
+1.47%
 
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Overview

Tokio Marine Holdings, Inc. is an insurance holding company. The Company, along with its subsidiaries, is engaged in the non-life insurance and life insurance businesses. It operates in three segments: property and casualty, life and others. The property and casualty segment is engaged in underwriting property and casualty insurance and related investment activities. The life segment is engaged in underwriting life insurance and related investment activities. The others segment includes securities investment advisory, securities investment trusts business, derivatives business, staffing business, real estate management business and elderly care business. In December 2008, the Company acquired Philadelphia Consolidated Holding Corp., a United States property and casualty insurance group. In March 2009, the Company sold to Banco Santander S.A., all its shares of a life insurance and pension affiliate in Brazil, held through its Brazilian property and casualty insurance subsidiary.

Quick Financial Synopsis

BRIEF: For the six months ended 30 September 2009, Tokio Marine Holdings, Inc.'s revenues increased 3% to Y1.814T. The Company's net income totaled Y71.25B, up from Y18.05B. Revenues reflect higher received from net written premium and increased gains on money held in trusts. The Company's net income benefits from lower percentage of SG&A expenses, decreased interest expenses as well as decreased impairment losses.

Company Address

Tokio Marine Holdings, Inc.
Tokio Marine Nichido Building
1-2-1 Marunouchi
Chiyoda-ku   TKY   100-0005

Total Employees

29695

Find Out More About 8766.T

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