July 29, 2016 5:27 PM ET

Insurance

Company Overview of Tokio Marine & Nichido Fire Insurance Co., Ltd.

Company Overview

Tokio Marine & Nichido Fire Insurance Co., Ltd. provides non-life insurance products in Japan and internationally. The company was formerly known as Tokyo Marine and Fire Insurance Company and changed its name to Tokio Marine & Nichido Fire Insurance Co., Ltd. in October 2004. The company was founded in 1879 and is headquartered in Tokyo, Japan. Tokio Marine & Nichido Fire Insurance Co., Ltd. is a subsidiary of Tokio Marine Holdings Inc.

1-2-1 Marunouchi

Chiyoda-ku

Tokyo,  100-8050

Japan

Founded in 1879

Phone:

81 3 3285 0378

Fax:

81 3 5223 0383

Key Executives for Tokio Marine & Nichido Fire Insurance Co., Ltd.

Chief Executive Officer, President and Representative Director
Age: 63
Senior Managing Director and Representative Director
Age: 61
Senior Managing Executive Officer
Age: 62
Managing Director and Director
Age: 60
Senior Managing Executive Officer
Age: 61
Compensation as of Fiscal Year 2016.

Tokio Marine & Nichido Fire Insurance Co., Ltd. Key Developments

Tokio Marine & Nichido Fire Insurance Co., Ltd. Announces Non-Consolidated Earnings Results for the Nine Months Ended December 31, 2015

Tokio Marine & Nichido Fire Insurance Co., Ltd. announced non-consolidated earnings results for the nine months ended December 31, 2015. For the period, the company reported ordinary income of ¥2,061,703 million against ¥1,851,596 million a year ago. Ordinary profit was ¥291,182 million against ¥210,542 million a year ago. Net income was ¥256,077 million against ¥178,043 million a year ago. Income before income taxes was ¥285,929 million against ¥199,206 million a year ago. Net premiums written were ¥1,604,680 million against ¥1,515,906 million a year ago.

Tokio Marine & Nichido Fire Insurance Co., Ltd. Announces Non-Consolidated Earnings Results for the First Quarter Ended June 30, 2015

Tokio Marine & Nichido Fire Insurance Co., Ltd. announced non-consolidated earnings results for the first quarter ended June 30, 2015. For the quarter, the company reported ordinary income of JPY 660,913 million compared to JPY 681,501 million a year ago. Ordinary profit was of JPY 91,501 million compared to JPY 125,756 million a year ago. Income before income taxes was JPY 89,218 million compared to JPY 124,758 million a year ago. Net income was JPY 69,033 million compared to JPY 105,036 million a year ago.

Pioneer to Form Telematics Service Business Alliance with Tokio Marine

Pioneer Corporation has signed a basic agreement with Tokio Marine & Nichido Fire Insurance Co., Ltd. to form an alliance in a telematics service business for the automobile insurance sold by Tokio Marine & Nichido. This will help to develop and offer new telematics services for automobile insurance to provide further safety and security to customers by combining with various accident-related data and automobile accident response expertise from Tokio Marine & Nichido and the big data analysis and information distribution technologies of "Mobile Telematics Center", automobile-oriented cloud infrastructure, as well as expertise in areas such as next-generation in-car communication terminal devices. Specifically, both companies will develop "safe driving support features", industry-first "automated accident alert features" and "driving evaluation & scoring features" by gathering the strengths and expertise of both companies. Using rearview mirror telematics units equipped with LTE communication modules together with NTT DOCOMO, INC.'s network, Tokio Marine & Nichido plans to offer these features as a sophisticated accident response service and safe driving support consulting service for automobile fleet insurance customers. Moving forward, both companies will strive to develop new services that lead to safe driving and accident prevention and offer these services to customers.

Similar Private Companies By Industry

Company Name Region
Advance Insurance Planning Co., Ltd. Asia
Aicam Co.,Ltd. Asia
Asahi Mutual Life Insurance Company Asia
Broad-minded Co.,Ltd. Asia
BSL Insurance Corporation Asia

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 28, 2016
Kuroganeya Co., Ltd.
Merger/Acquisition
May 9, 2016
Daiichi General Service Co.,Ltd.
Merger/Acquisition
April 25, 2016
Hokkan Holdings Limited
 

The information and data displayed in this profile are created and managed by Capital IQ, a Standard & Poor's company. Bloomberg.com does not create or control the content. For inquiries, please contact Capital IQ directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Tokio Marine & Nichido Fire Insurance Co., Ltd., please visit www.tokiomarine-nichido.co.jp. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.