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  September 5, 2001
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Home > Company Index > Insurance > Property & Casualty Insurance > The Chiyoda Fire & Marine Insurance Co., Ltd.

The Chiyoda Fire & Marine Insurance Co., Ltd.
 PROFILE
Belying its name, Chiyoda Fire & Marine Insurance derives most of its revenue from automobile coverage. The company specializes in nonlife lines, with fire, transportation, and personal accident insurance also among its offerings, as well as reinsurance and investment services. Toyota owns almost 45% of Chiyoda Fire & Marine, which is merging with Dai-Tokyo Fire & Marine Insurance, part of a consolidation trend among Japanese insurers. (Toyota will own about 20% of the new firm but is expected to boost its stake.) The combined entity will focus on developing new products like medical insurance and pension programs. Chiyoda Fire & Marine operates mainly in central Japan but has some 300 offices worldwide.

 COMPETITION
Mitsui Marine & Fire Insurance Company, Limited (MMFIY)
The Tokio Marine and Fire Insurance Company, Limited (TKIOY)
The Yasuda Fire and Marine Insurance Company, Limited (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: March
1999 Sales (mil.): 4,743.10
Employees: 5,352
Revenue per employee: $886,229.45

 KEY PEOPLE
• Koji Fukuda
    CEO

 CONTACT INFO
28-1, Ebisu 1-Chome
Tokyo 150-8488, Japan
Phone: 81-3-5424-9288
Fax: 81-3-5424-9382
Online: Web Site

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