Our Regional Companies

Tokio Marine Retakaful ("TMRt") was established on 23 September 2004 by Tokio Marine Asia and started writing business since 1st November 2004. The principal activity of the Company is family retakaful business (providing risk coverage similar to life reinsurance on an Islamic basis). The Company’s main clients are family takaful operators (entities providing risk coverage similar to life insurance on an Islamic basis). To date, TMRt is the only Retakaful company in the world specialising in Family Retakaful business. The company's Shariah advisor is Dr. Mohamed Ali Elgari of Saudi Arabia. Since September 2007, the company was assigned a strong financial rating by Standard & Poor's; currently our rating is "AA-".

In 1957, Tokio Marine started its Singapore operations through a General Agent and in 1977, Tokio Marine and Fire Insurance Company (Singapore) Pte. Limited ("TMS") was incorporated in Singapore. In 2007, Tokio Marine & Nichido Fire Insurance Co., Ltd ("TMNF") acquired a majority stake in Asia General Holdings limited ("AGH") which wholly owns The Asia Insurance Co. Ltd (AIC). AIC began its operation since 1923 in Singapore, and was renamed TM Asia Insurance Singapore Ltd ("TMAIS"). In July 2008, TMAIS acquired the general insurance business of TMS to form Tokio Marine Insurance Singapore Ltd ("TMiS").

 

TMiS provides a variety of general insurance products to cater to its local and Japanese customers in Singapore and Brunei.

This company began as The Asia Life Assurance Society Limited in 1948 and changed its name to TM Asia Life Singapore Ltd. in 2007 when Tokio Marine took the helm. To enhance synergy with the Tokio Marine Group and to reflect its position as part of a global organisation, it was renamed Tokio Marine Life Insurance Singapore Ltd. (“TMLS”) on 31st August 2010. TMLS provides a comprehensive suite of products to meet 8 very important key financial need areas: namely Education Funding, Wealth Accumulation, Wealth Enhancement, Living With Impaired Health, Income Replacement, Retirement Funding, Legacy Planning and Business Continuation. In addition, a suite of employee benefit group insurance plans are available to be packaged to cater to the business needs of companies.

Well-known in the market place for having strong participating policies, TMLS remains the only life insurance company in Singapore that has never reduced bonuses for participating policies since 1948; a sterling record that it still proudly holds today.

Adopting a multi-channel distribution model, TMLS has been the preferred insurance partner amongst the Financial Advisers over the last decade. Strategic partnerships have also propelled strong growth in the Bancassurance channel. The Agency channel continues to evolve itself into a highly professional team of consultant to serve the financial priorities of our clients.

Driven by Customer-focus, Integrity and Excellence as core values, TMLS is set for greater heights in the life insurance industry.

Tokio Marine Life Insurance Malaysia Bhd. ("TMLM") was formerly known as TM Asia Life Malaysia Bhd., an established life insurance company with a history of more than 60 years. TMLM's presence in Malaysia is the result of the strategic alliance between Tokio Marine & Nichido Fire Insurance Co., Ltd. and Asia General Holdings (Asia Life’s parent company) on 9 March 2007. TMLM has a wide range of products for protection, wealth accumulation, education, retirement, medical insurance and group insurance.

Tokio Marine Insurans (Malaysia) Berhad ("TMIM")’s presence in Malaysia dates back to 1957 when The Tokio Marine and Fire Insurance Company Limited ("TMF"), commenced its underwriting business in the country. In 1974, the Kuala Lumpur Branch Operation of TMF was set up. From 1980 to 2009, TMIM acquired a number of insurance businesses in Malaysia and is currently one of the major players in the Malaysia general insurance industry. TMIM is managed by a team of professionally qualified, experienced and committed managers and staff dedicated to providing innovative and competitive insurance products to its intermediaries and policyholders with customer focus as a top priority. In its continuous effort to reach out to both existing and potential customers, TMIM currently has a nationwide network of 23 branches covering major cities and key markets, including a Head Office in Kuala Lumpur.

Tokio Marine Sri Muang ("TMSM") began its operation as Hua Sieng Co., Ltd. since June 26, 1946 . On June 19, 1952 , the company was renamed and became well known as The Sri Muang Insurance Co., Ltd. Since then the company started its operation with Fire and Marine insurance and then acquired Motor and Miscellaneous insurance license in 1953 and 1975 respectively. The company has made a firm step toward business expansion through joint venture with Tokio Marine & Nichido Fire Insurance Co., Ltd., the oldest non-life insurance company in Japan, and The Dowa Fire and Marine Insurance Co., Ltd. in 1971. With the first class financial stability under business collaboration with Tokio Marine over 40 years, Sri Muang Insurance was renamed as Tokio Marine Sri Muang Insurance in 2010 in order to promote the unity and internationally recognized brand image of all Tokio Marine Group Companies around the world. TMSM is one of the leading insurance companies in Thai insurance market (top ten general insurer) and the leader for marine insurance business line.

Tokio Marine Group has over 65 years of presence in Thailand, beginning with general insurance business in 1946. In 1997, offering insurance solutions to serve the different needs of Thais, Tokio Marine Group penetrated Thai market with life insurance, operating as Tokio Marine Life Insurance (Thailand) PCL.

 

 

PT. Asuransi Tokio Marine Indonesia ("TMI") is a joint-venture company between Tokio Marine Asia Pte. Ltd. and PT Asuransi Jasa Indonesia. Since its operations in 1975, the company has 7 branch offices to provide their customers with products and services of the highest quality, and spreads safety and security to all around them. TMI has extensive general insurance experience in Fire, Engineering, Automobile, Marine Cargo, Personal Accident, and others. This company has 7 branch offices including Syariah branch, and 2 representative offices with a total employee of 272 people in Indonesia.

Established in 1996, Baoviet Tokio Marine Insurance Joint Venture Company (previously known as Vietnam International Assurance Company, VIA) was the first foreign insurance joint-venture in Vietnam with its current partners being Baoviet Holdings, a leading Finance-Insurance group in Vietnam and Tokio Marine, a leading giant insurance group in Japan. Baoviet Tokio Marine Insurance Joint Venture Company provides non-life insurance products and services for all international and domestic clients including both organizations and individuals in accordance with Vietnam’s Law.

Malayan Insurance Co. Inc., is ranked number 1 by the Insurance Commission. Founded in 1930, it provides fire, marine, motorcar, casualty, personal accident insurance and surety bonds. Malayan Insurance follows its founder’s tenet that all just and valid claims are to be paid and that the relationship between an insured and the insurer is based on trust. Malayan has a network of 34 branches and offices nationwide, and is a member of the Yuchengco Group of Companies. In July 2008, the Tokio Marine Malayan Insurance Co. Inc., merged with MICO. It is expected that the combined resources and capabilities of the two will further enhance Malayan Insurance’s leadership in the Philippines market. The Tokio Marine Division of MICO provides general insurance products to Japanese business customers in the Philippines.

IFFCO-TOKIO General Insurance ("ITGI") was incorporated on 4th December 2000 as a joint venture between the Indian Farmers Fertilizer Co-operative (IFFCO) and its associates and Tokio Marine Asia (Singapore).

IFFCO-TOKIO has Pan India presence with 9 Regional Offices, 58 Strategic Business Units & 7 Customer Service Centres manned by more than 900 employees. It offers a wide range of uniquely customized policies covering customers from farmers to some of India's largest automobile manufacturers. It is the first company in India to underwrite mega policies for a fertilizer and automobile company.

It is also the only insurance company in the country to have a 100%-owned distribution channel to service its retail customers called IFFCO-TOKIO Insurance Services Ltd (ITIS) with a wide network of over 100 Lateral Spread Centres (Sales Offices) and 280 Bima Kendras (Small Sales Offices in IFFCO Branches). The company was mentioned in the ‘Capgemini World Insurance Report- 2009’ for its innovative distribution channel. Today, ITIS has a highly motivated workforce of 1400 employees in over 350 towns.

As a customer-focused company, it is backed by a robust IT infrastructure, with various software solutions for end-customers, intermediaries and back end processes which has enabled, among other things, ease of policy procurement, speedy settlement of claims and a very effective Management Information System.

In 1963, Tokio Marine opened its first representative office in Sydney and entered into a management agreement with the Queensland Insurance Company (QIC, now known as QBE Insurance Limited) to manage its affairs throughout Australia. In August 1973 a representative office was opened in Melbourne. On April 1st, 1975, after cancelling the agency agreement with QIC, independent operations were commenced in New South Wales and on 1st October of the same year, an office was opened in Melbourne. As a further step in Tokio Marine's development in Australia, Tokio Marine Management (Australasia) Pty Ltd ("TMMA") was incorporated in New South Wales on 30th June, 1977 to act as the underwriting agency and manager of Tokio Marine's Australian portfolio. TMMA is a wholly owned subsidiary of TMNF. TMNFA (under TMMA’s management) underwrites general insurance other than workers' compensation and motor vehicle compulsory third party insurance. It is engaged predominantly in commercial type business submitted to it either directly from clients, through brokers or from other insurance companies. TMNFA holds an Australian Financial Services License (AFSL 246548) from the Australian Securities & Investments Commission (ASIC) and is authorised to underwrite insurance by the Australian Prudential Regulation Authority (APRA).

Tokio Marine's presence in Hong Kong can be dated back to 1879. Together with the post-war economy of Hong Kong, The Tokio Marine and Fire Insurance Co. (HK) Ltd. (“TMF(HK)”) has been growing its business from Japanese to local Hong Kong customers since 1953. TMF(HK) is now one of the top ranked Marine Cargo insurance companies in Hong Kong. Drawing on Tokio Marine Group's international experience and expertise, the company endeavours to provide a wide range of products and services to suit the needs of different customers. With its renowned associated risk consulting services, TMF(HK) assists their customers to improve business processes and manage the risks within the workplace. TMF(HK) is financially strong with a credit rating of A+ and cnAAA from S&P (as of 30 Sep 2011).

Tokio Marine Newa Insurance Co. Ltd. ("TMNewa") was founded in 1999 by Taiwan's first automobile manufacturer, Yulon Group. In 2002, Tokio Marine Group invested to own 30% of the total shares of this company and subsequently in 2005, TMNewa merged with another general insurance company under the Tokio Marine Group, increasing its total shares to 49%. TMNewa’s core values are Brand-new, Efficiency, Safety and Top; therefore, it is the synonym for reliable, trustworthy and quality service for its customers. TMNewa's services include motor insurance, fire insurance, marine insurance, miscellaneous insurance, and accident & health insurance. TMNewa's voluntary motor insurance has a market share of 11.6% as of 2011, the second highest in Taiwan's market. TMNewa currently has 29 branch offices and liaison offices, and a total of 909 staff as at 2011.