Reinsurance News
tokio marine
Tokio Marine international business profit hits JPY235.4bn in Q2 FY25
19th November 2025
Tokio Marine Holdings has announced its financial results for the second quarter of the 2025 fiscal year, reporting a 6.4% decrease in its international business profits, which reached JPY235.4 billion. This solid performance occurred despite facing significant impacts from the LA wildfires (approximately -JPY24.0 billion) and foreign exchange (FX) effects (approximately ... Read the full article
Tokio Marine eyes growth in niche non-property specialty in US P&C: Autonomous
9th July 2025
Following Tokio Marine’s investor day, Autonomous equity analysts highlighted the insurer’s strategic shift away from property exposures toward niche non-property specialty lines in the US P&C market, which it views as the greatest opportunity for stable, profitable growth. The analysts shared their thoughts on the outlook for US property and casualty ... Read the full article
Tokio Marine GX launched to further promote green transformation
28th May 2025
Tokio Marine Holdings, Inc. has launched Tokio Marine GX, a new international offering aimed at advancing green transformation, founded upon GCube, an underwriter of renewable energy products. The launch furthers the Group’s efforts toward carbon neutrality and the transition to a decarbonised society. Tokio Marine Group aims to contribute to social development ... Read the full article
Tokio Marine’s international business reports 2% decrease in profits in FY’24
20th May 2025
Tokio Marine Holdings has announced its full year 2024 financial results for its International business, reporting JPY 428.4 million in profits, a 2% decrease compared to 2023’s JPY 436.9 million. According to the firm, the decrease was mainly due to "one-off effects" totalling -JPY38.3 billion. This included capital loss mainly due ... Read the full article
Tokio Marine’s international segment sees increased profits with 5.4% net premium growth
14th February 2025
Tokio Marine Holdings has announced its results for the fiscal year third quarter of 2024 (January to September), highlighting strong growth in its international non-life insurance business. Net premiums written for the international segment reached JPY 2,383.5 billion, a 5.4% increase compared to JPY 2,351.4 billion in Q3 2023. The company ... Read the full article
Delphi hires Jeffrey Lebovitz as Executive VP and CFO
20th November 2024
Insurance holding company Delphi has announced the appointment of Jeffrey Lebovitz as Executive Vice President and Chief Financial Officer. In his new role, Lebovits will leverage his over 20 years of experience with major investment firms and global investment banks to oversee the financial operations of Delphi and be responsible for ... Read the full article
Tokio Marine’s international segment sees Q2’24 profit of $1.62bn as NPW surge 15%
20th November 2024
Tokio Marine’s international business reported Q2 2024 fiscal year profit of JYP 251.4 billion ($1.62 billion), an increase of 24.5% from the same period of the previous year, while net premiums written surged 14.8% to JYP 1,706.7 billion ($10.97 billion). As per Tokio Marine, the primary driver of the profit increase ... Read the full article
Tokio Marine & Resilient Cities Network to boost investments in urban resilience
14th November 2024
Tokio Marine Group and The Resilient Cities Network (R-Cities) have entered into a partnership which will see Tokio Marine Group provide industry expertise and support to the Resilience Finance Taskforce, made up of cities and private sector partners to bolster the portfolio approach to investment in city resilience. For those unaware, ... Read the full article
Yixiang Yang named APAC Head of Accident and Health at Tokio Marine Kiln
8th July 2024
Tokio Marine Kiln (TMK), part of global insurance group Tokio Marine, has appointed Yixiang Yang as the new Head of Accident and Health for the Asia-Pacific region, effective immediately. Yang is an expert in accident and health underwriting with nearly 20 years of experience in the APAC region. He joins TMK from ... Read the full article
Pacific Life Re signs asset intensive reinsurance agreement with Tokio Marine & Nichido Life
28th May 2024
Pacific Life Re, the global reinsurer and wholly owned subsidiary of Pacific Life, has announced an asset-intensive reinsurance agreement in Japan with Tokio Marine & Nichido Life Insurance Co., Ltd. (Anshin Life). The deal, covering in-force whole-of-life policies, will provide Anshin Life with a new method to reduce its portfolio's long-term interest ... Read the full article
Tokio Marine America and Mercury join forces for Californian non-renewals
10th May 2024
Mercury Insurance is leading an initiative to ensure insurance access and coverage continuity for numerous California consumers. Through close collaboration, Tokio Marine (TMA) and Mercury have devised a strategy to seamlessly transfer TMA and its subsidiary, Trans Pacific Insurance Company (TPIC), customers to Mercury. This transition is facilitated by a coalition ... Read the full article
Tokio Marine’s international business reports 11.6% growth in net premiums in Q3’23
14th February 2024
Tokio Marine’s international business has reported profit of JPY300.8 billion for the third quarter of the 2023 fiscal year, representing an increase in profit from last year’s JPY187.3 billion. Profit was strong across all its international entities, Asia & Oceania produced a net profit of JPY23.6 billion, representing year-on-year growth of ... Read the full article
Japanese regulator penalises largest property insurers for price fixing: Bloomberg
27th December 2023
As per a report from Bloomberg, Japan’s Financial Services Agency has issued business improvement orders on the core units of Tokio Marine Insurance, MS&AD Insurance, and Sompo Japan Insurance for "colluding to fix prices" in contracts with corporate clients. Japan's Finance Minister, Shunichi Suzuki, stated in a recent briefing it is "regrettable" that ... Read the full article
Asian cities face environmental challenges, Singapore tops rankings for resilience: Tokio Marine
1st December 2023
In the face of escalating environmental challenges, Singapore has emerged as the highest-ranked global Asian city for overall resilience, securing the 4th position out of 25 major cities worldwide, according to The Resilient Cities Index 2023 launched by Tokio Marine Group and Economist Impact. The study, sponsored by Tokio Marine Group, ... Read the full article
Tokio Marine partners with Clir to enhance renewable energy insurance for Brazil
14th September 2023
In a strategic move aimed at bolstering its renewable energy insurance services in Brazil, major international specialty insurer Tokio Marine has entered into a partnership with Clir Renewables (Clir), a global market intelligence platform specialising in wind and solar energy. The collaboration will leverage Clir's extensive data and AI-powered analytics to ... Read the full article
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