Tokio Marine Holdings, Inc.
President: Shuzo Sumi
TSE code number: 8766
Tokio Marine Holdings, Inc. (the “Company”) has revised its FY2009 business forecasts for the Tokio Marine Group (the “Group”), originally announced on May 20, 2009, to reflect recent business performance.
The Company expects the Group’s total adjusted earnings for FY2009 to remain 106.0 billion yen.
In the domestic property and casualty insurance business segment, the Company has revised its original forecast downward by 15.0 billion yen to 23.0 billion yen, as investment returns on managed assets are expected to decrease due to deterioration in domestic and overseas financial markets.
In the domestic life insurance business segment, the Company has revised its original forecast upward by 15.0 billion yen to 36.0 billion yen due to the favorable impact of higher prevailing prices in the domestic stock market on the variable annuity insurance business.
In the overseas insurance business segment, the Company has revised its original forecast upward by 1.0 billion yen to 54.0 billion yen, in expectation of decreased claim payouts on its reinsurance business.
With respect to its financial and other business segment, the Company expects an adjusted loss of 70.0 billion yen, which is almost the same as its original forecast.
Appendix 1 Business Performance Indices for Major Business Segments
1. Domestic property and casualty insurance business Indices for Tokio Marine & Nichido and Nisshin Fire are as follows:
2. Domestic life insurance business Indices for Tokio Marine & Nichido Life and Tokio Marine & Nichido Financial Life are as follows:
3. Overseas insurance business Indices for the overseas insurance business are as follows:
