Tokio Marine Holdings, Inc.
Tokio Marine & Nichido Financial Life Insurance Co., Ltd.
Effective March 30, 2012, Tokio Marine & Nichido Financial Life Insurance Co., Ltd. ("Tokio Marine & Nichido Financial Life", President: Takashi Yagi) will increase the company's capital by 40.0 billion yen in order to enhance its financial strength.
Tokio Marine Holdings, Inc. will invest the entire amount of 40.0 billion yen to increase the total of Tokio Marine & Nichido Financial Life's share capital and additional paid-in capital to 121.0 billion yen.
As announced separately today, Tokio Marine & Nichido Financial Life has also decided to suspend new sales of all products effective July 1, 2012. Tokio Marine & Nichido Financial Life, as a member of Tokio Marine Group having a solid capital base, will take all measures to secure its policyholders' insurance contracts.
| Increase of Capital | 40.0 billion yen |
| | |
| Share capital after increase of capital | 68.0 billion yen |
| Additional paid-in capital after increase of capital | 53.0 billion yen |
| Total | 121.0 billion yen |