Tokio Marine Holdings, Inc.
2-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo
TSE code number: 8766
Net losses caused by hurricanes in the U.S.(1) that occurred from August to September 2008 that Tokio Marine Holdings Group has incurred so far this fiscal year are as follows:
(a) Tokio Marine & Nichido, including U.S. branches : approx. 5 billion yen
(b) Subsidiaries(2) : approx. 11 billion yen
The above preliminary estimates are based on currently available information. These amounts may be subject to adjustment and may materially change based on the results of claim investigations and other factors.
(1): Gustav: A category two hurricane that hit central Louisiana on September 1, 2008.
Ike: A category two hurricane that hit eastern Texas on September 13, 2008.
(2): Tokio Millennium Re, Tokio Marine Global, and Kiln are subsidiaries of Tokio Marine & Nichido Fire Insurance Co., Ltd.
Reference
Breakdown
| | Tokio Marine & Nichido Fire Insurance
(including U.S. branches) | Subsidiaries | Total |
| Gustav | Several hundred million yen | Approx. 2 billion yen | Approx. 2billion yen |
| Ike | Approx. 4 billion yen | Approx. 10 billion yen | Approx. 14 billion yen |
| Total | Approx. 5 billion yen | Approx. 11 billion yen | Approx.16 billion yen |
Note: There are discrepancies in the total amounts because the figures are expressed in billions of yen.
