Tokio Marine Holdings, Inc. (the "Company") announced today that it has revised the forecasts of its consolidated business results under Japanese GAAP for the six months ended September 30, 2009 ("FY 2009 Interim "), originally announced on May 20, 2009 as detailed below.

1. Revised forecasts for FY2009 Interim

	Ordinary income (million yen)	Ordinary profit (million yen)	Net income (million yen)	Net income per share (yen)
Original forecast* (A)	1,660,000	60,000	40,000	50.78
Revised forecast (B)	1,870,000	104,000	71,000	90.15
Difference (B)-(A)	210,000	44,000	31,000	-
Rate of increase (decrease) (%)	12.7	73.3	77.5	-
(Reference) Actual results for the six months ended September 30, 2008	1,959,233	14,126	18,054	22.54

*Note: Announced on May 20, 2009.

2. Explanation of revisions

The upward revision of forecast ordinary income is due primarily to an expected increase in gains on separate account in Tokio Marine & Nichido Financial Life Insurance Co., Ltd. owing to the domestic stock market recovery. The forecast increase, however, will not affect either ordinary profit or net income since an equivalent amount is accounted for as a provision for underwriting reserves.
The upward revision of forecast ordinary profit and of net income is mainly due to expected decreases of provisions for outstanding claims in Tokio Marine & Nichido Fire Insurance Co., Ltd. as a result of the appreciation of the Japanese yen against US Dollars and lower-than-expected catastrophe losses** incurred through September 2009.
**Note: Losses from Typhoon No. 18 incurred in October 2009 will not be included in the Company's business results for the six months ended September 30, 2009.

The Company’s business forecasts for the fiscal year ending March 31, 2010 are scheduled to be announced on November 19, 2009, along with its business results for the six months ended September 30, 2009.

(Reference) Set forth below are details of the revised forecasts of non-consolidated business results under Japanese GAAP for the six months ended September 30, 2009 of Tokio Marine & Nichido Fire Insurance Co., Ltd., a wholly owned subsidiary of the Company.

	Net premiums written (million yen)	Ordinary profit (million yen)	Net income (million yen)
Original forecast*** (A)	900,000	50,000	35,000
Revised forecast (B)	870,000	81,000	56,000
Difference (B)-(A)	-30,000	31,000	21,000
Rate of increase (decrease) (%)	(3.3)	62.0	60.0
(Reference) Actual results for the six months ended September 30, 2008	928,476	18,748	20,613

***Note: Included in page 5 of "Information about major subsidiaries' business results for the year ended March 31, 2009" announced on May 20, 2009.