Tokio Marine Holdings has constructed a system for ensuring sound and highly transparent corporate governance and, as a holding company, supervises each Group member company appropriately. 

Tokio Marine Holdings, in line with the Tokio Marine Group Corporate Philosophy, is committed to the continual enhancement of corporate value by fulfilling its responsibilities to shareholders, customers, society, employees and other stakeholders. 
For this purpose, the Company hereby establishes a sound and transparent corporate governance system and, as a holding company, aims to exercise appropriate control over the Tokio Marine Group companies. Tokio Marine Holdings corporate governance policies shall be reviewed and amended as necessary to adapt to changes in the business environment.

The following is an overview of the corporate governance structure.

Body	Role assigned (top) and composition (bottom)
Board of Directors	The Board of Director is responsible for decisions on important matters relating to the execution of Tokio Marine Holdings' business, for supervising the performance of individual directors and establishing an appropriate internal control environment and an effective internal control system.
	Approx. 10 members, at least 3 of whom in principle must be outside Directors.
Corporate Auditors,  Board of Corporate Auditors	Audits the performance of Directors, as an independent body entrusted by shareholders.
	Approx. 5 members. In principle, a majority of these must be outside Corporate Auditors.
Nomination committee	Deliberates and reports to the Board of Directors on appointment and removal of Directors and Corporate Auditors of Tokio Marine Holdings and major subsidiaries and on requirements for such appointment.
	Approx. 5 members, a majority of whom must in principle be outside members. The committee chair shall be chosen from among the outside members.
Remuneration committee	Deliberates and reports to the Board of Directors on performance evaluations of Directors and Corporate Auditors of Tokio Marine Holdings and major subsidiaries and on the executive compensation system.
	Approx. 5 members, a majority of whom must in principle be outside members. The committee chair shall be chosen from among the outside members.

The Tokio Marine Holdings carries out the supervision of its subsidiaries including the monitoring of their business plans, by exercising its shareholder rights and rights based on management agreements. It also formulates fundamental policies for the promotion of compliance, risk management, and internal auditing for the Group and supervises its subsidiaries through building and operating structures based on these policies.

Tokio Marine Holdings has formulated the "Basic Policy for Internal Control"in accordance with the Corporation Law and the Enforcement Regulations of the Corporation Law. The policy sets forth the fundamental components of the systems related to areas such as compliance, risk management, internal auditing, saving of information, and audits by corporate auditors, in addition to the structure for monitoring the appropriateness of business operations at each Group member company in the capacity of a holding company.

Tokio Marine Holdings drafts groupwide measures based on the Group's "Basic Policy for the Promotion of Compliance" and its "Code of Conduct" and conducts the periodic monitoring of the Group member companies.

In the Tokio Marine Group, operating subsidiaries themselves carry out risk management for risks related to their business, while Tokio Marine Holdings ascertains the situation of risks faced by the Group as a whole and conducts risk management for the entire Group.
Tokio Marine Holdings establishes basic policies for the entire Group and promotes the consolidation and improvement of the groupwide approach to risk-management. In addition, it also conducts quantitative risk management for the entire Group, for the purposes of maintaining the Group's ratings and preventing bankruptcy.
In accordance with basic fundamental policy for the risk management of the entire Group, each operating subsidiary in the Group establishes its own risk management policy and implements risk management for itself and its subsidiaries.