We sincerely would like to extend our warmest sympathies to those who have suffered damage from Typhoon No. 18.

The following are estimates of the incurred losses caused by Typhoon No. 18 that Tokio Marine & Nichido Fire Insurance Co., Ltd. a subsidiary of Tokio Marine Holdings, Inc., has compiled as of October 13, 2009:

The preliminary estimates below are based on information available to us as of October 13, 2009.
These amounts will be subject to adjustment and may materially change based on the results of claims investigations and other factors.

Estimated incurred losses on a direct basis
                                                                                                                                  (billions of yen)
* As the figures in each column are truncated to two decimal places, the sum of these figures is different from that indicated in "Total".

Notes
- The information included in the above table does not take into account reinsurance purchased by Tokio Marine & Nichido relating to these potential loss events.
- The amounts indicated do not take into account the amounts of claims paid and outstanding claims reserves recoverable by Tokio Marine & Nichido from its reinsurers.

The information included in the above table presents the sum total of estimated incurred losses of the policies wholly underwritten by Tokio Marine & Nichido and the policies led by Tokio Marine & Nichido as a representative of other insurers who share in the policy. Therefore, this does not include the amount of estimated incurred losses payable by Tokio Marine & Nichido in the policies led by other insurers.