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Tokio Marine & Nichido

Nisshin Fire

Nisshin Fire

Tokio Marine & Nichido Life

Tokio Marine & Nichido Financial Life

Tokio Marine Millea SAST

Philadelphia Insurance Companies

Kiln Group

5

Tokio Marine Holdings Tokio Marine & Nichido Nisshin Fire Tokyo Marine & Nichido Life Tokio Marine & Nichido Financial Life

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<Summary of FY2009 results>
Net premiums written (NPW) decreased by 4.3% YOY mainly due to the substantial rate revision of CALI. (Without the effect of the rate revision of CALI, NPW would have decreased by 2.9% YOY.)
Meanwhile, underwriting profit amounted to 7.9 billion yen, a decrease of 81.9 billion yen YOY due to a reduction in expenses for renovation of the core system and a significant reduction in other corporate expenses.
Ordinary profit amounted to 147.4 billion yen, an increase of 77.7 billion yen YOY due mainly to a reversal of impairment losses on securities and monetary receivables bought due to the deteriorating market in FY2008 and an increase in gains on sale of securities.
Net income amounted to 94.4 billion yen, an increased of 23.3 billion yen due mainly to reversal of the price fluctuation reserve in line with impairment losses in FY2008
Net loss ratio improved by 0.6% to 62.2% YOY mainly due to fewer large claims. Net expense ratio also improved by 0.9% to 35.6% YOY mainly due to company-wide efforts to cut expenses substantially as well as a significant reduction in expenses related to renovation of the core system.


(Unit:million yen)


 FY2005FY2006 FY2007FY2008FY2009
 Net premiums written1,892,7541,928,061 1,912,1801,813,412 1,736,082


Major benchmark figures(non-consolidated) (Unit: million yen)

ItemApril 1,2005 - March 31,2006 April 1, 2006 - March 31, 2007April 1, 2007 - March 31, 2008 April 1, 2008 - March 31, 2009 April 1, 2009 - March 31, 2010
 Net premiums written1,892,754 1,928,061 1,912,180 1,813,412 1,736,082
 (% change from prior term)0.5% 1.9% -0.8% -5.2% -4.3%
 Underwriting profit34,602 7,971 39,376 73,812 81,792
 (% change from prior term)262.3% -77.0% 393.9% 87.5% 10.8%
 Ordinary profit166,080 156,332 183,974 69,624 147,401
 (% change from prior term)-5.2% -5.9% 17.7% -62.2% 111.7%
 Net income122,180 96,448 122,992 71,104 94,456
 (% change from prior term)26.1% -21.1% 27.5% -42.2% 32.8%
 Loss ratio60.6% 61.5% 61.6% 67.4% 67.9%
 Expense ratio30.2% 30.7% 31.5% 34.6% 34.0%
 Interest and dividend income139,125 167,099 203,380 158,317 108,453
 (% change from prior term)8.1% 20.1% 21.7% -22.2% -31.5%
 Return on assets under management (net income based)2.06% 2.45% 2.79% 2.22% 1.53%
 Common stock101,994 101,994 101,994 101,994 101,994
 Stockholders`equity3,097,059 3,076,887 2,326,624 1,435,527 1,916,139
 Total assets10,814,796 11,177,448 10,889,562 8,413,488 9,708,046
 Capital ratio28.64% 27.53% 21.37% 17.06% 19.74%
 Solvency margin ratio1,083.9% 1,098.2% 957.8% 696.8% 852.6%
 Number of employees15,879 14,967 15,263 15,747 16,742


* The figures in the column from "Net premiums written" to "Return on assets under management" of the 62nd term are based on sum of Tokio Marine & Nichido and Nichido Fire.

Business Highlights of Former Tokio Marine and Fire
Business Highlights of Former Nichido Fire and Marine

Download of All Financial Data of Tokio Marine & Nichido