| Business Summary | | Tokio
Marine
and
Fire
Insurance
Company
writes
marine,
fire
and
casualty,
automobile
and
allied
lines
of
insurance,
generally
referred
to,
in
accordance
with
Japanese
usage,
as
non-life
insurance.
The
Company's
insurance
lines
include
hull
insurance
covering
ocean-going
and
coastal
vessels
against
loss
or
damage
caused
by
sinking,
stranding,
grounding,
fire,
collision
and
other
maritime
accidents,
marine
cargo
and
inland
transit,
which
cover
goods
while
in
transit
and
during
incidental
storage,
usually
against
all
risks,
fire
and
allied
lines
insurance
covering
dwelling
houses,
shops,
offices,
factories
and
warehouses
and
their
contents
against
loss
or
dam
age
caused
by
fire,
flood,
storm,
lightning,
explosion,
theft
and
other
risks,
automobile
insurance
covering
bodily
injury
liability
in
excess
of
the
maximum
amounts
payable
under
a
compulsory
automobile
liability
insurance
required
by
the
government,
personal
accident
insurance
and
others. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | TKIOY
writes
marine,
fire
and
casualty,
automobile
and
allied
lines
of
insurance,
principally
covering
risks
in
Japan
and
hull
and
cargo
risks
for
Japanese
business.
TKIOY
has
also
offered
life
insurance
since
8/96
through
a
new
subsidiary.
For
the
fiscal
year
ended
3/31/00,
total
revenues
rose
7%
to
Y1.52
billion.
Net
income
fell
42%
to
Y84.1
million.
Results
reflect
an
increase
in
net
investment
income
and
realized
gains
on
investments,
offset
by
the
absence
of
a
tax
benefit. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Shunji Kono | Chairman | Koukei Higuchi | Pres | Makoto Akutsu | Sr.
Managing Director and Gen. Mang. of Tokyo Corp. Bus. Division III | Katsuo Handa | Managing
Director | Yukio Hayama | Sr.
Managing Director and Gen. Mang. of Metropolitan Divsion I |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|