November 17, 2010
Tokio Marine Holdings, Inc.
2-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo
TSE code number: 8766
Project to Support the Growth of Young People in China
1 The All-China Youth Federation was founded in May 1949, and is China’s largest youth federation. It is comparable to the Junior Chamber International Japan (JC).
Since 2009, Tokio Marine Holdings, Inc. (the “Company”) has been actively committed to the Project to Support the Growth of Young People in China (donation of educational and other materials to support education and disaster recovery, and other support including the establishment of scholarship funds) in collaboration with the All-China Youth Federation (ACYF)1.
It was 30 years ago this year that Tokio Marine & Nichido Fire Insurance Co., Ltd. became the first foreign insurance company to open a representative office in China2. To commemorate this event, the Company has stepped up its commitment to this project, and will provide a wide range of support as the first foreign company to support a project by ACYF, which focuses on “left-behind children”3 in China. As part of these activities, the Company is recruiting the Tokio Marine Group’s employees working in Japan and China to volunteer in exchanges with left-behind children, and is providing support through a variety of exchange and other events.
The Tokio Marine Group will continue to help build a more prosperous and comfortable society in partnership with local communities, through efforts to contribute to local communities and societies around the world with the themes of “the protection of the global environment”, “safety and security”, and “the growth of young people”.
2 In 1980, Tokio Marine & Nichido Fire Insurance Co., Ltd. became the first foreign insurance company to set up a representative office in Beijing following China’s “Reform and Opening” economic reforms. 2010 marks the 30th anniversary of the opening of that office.
(Before World War II, Tokio Marine & Nichido Fire Insurance Co., Ltd. opened an office in Shanghai and began insurance agency operations in the same year of its founding (1879).)
3 As a consequence of China’s rapid industrialization and urbanization, there has been a sharp increase in the numbers of people leaving rural areas to work in the cities and support their families back home. The children left behind in these rural areas as their parents leave to seek work are called “left-behind children”, and the phenomenon has become an issue in the social consciousness.
(A survey by the All-China Women’s Federation in May 2010 reported that there are about 58 million left-behind children in all of China.) 1. Activities in 2010
2. Activities to Date (2009)
The Company has set up a Volunteer Care Center for Left-behind Children at a school for children of migrant workers in Qiannan Buyei and Miao Autonomous Prefecture in Guizhou, China, and has donated educational materials (e.g. desks, chairs, and blackboards), books, electrical appliances, and other items. It also supports social studies field trips and other activities.
In the abovementioned autonomous prefecture, the Company is recruiting the Tokio Marine Group’s employees working in Japan and China to volunteer in exchanges with left-behind children, and is providing support through exchanges and other events with Chinese student volunteers. (Planned for November 21 to 24, 2010)
The Company donated educational materials (e.g. desks, chairs, and blackboards), books, bookshelves, physical-education equipment, musical instruments and uniforms for the Young Pioneers of China, electrical appliances, and other items to a school for children of migrant workers in Beijing, China. It also donated instruments for musical education, electrical appliances, and other items, and set up a scholarship fund, for elementary and junior high schools in the city of Guangyuan, in Sichuan, China, which were damaged by an earthquake.