October 25, 2010
Tokio Marine Holdings, Inc.
2-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo
TSE code number: 8766
Estimated Net Incurred Losses Caused by Earthquake in New Zealand
Net losses caused by earthquake in New Zealand (1) occurred on 4th September, 2010 that Tokio Marine Group has incurred so far this fiscal year are as follows:
(a) Tokio Marine & Nichido (Australia, New Zealand direct business and reinsurance assumed in Japan): approx. 0.2 billion yen
(b) Subsidiaries(2) : approx. 5 to 7 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): 7.0-magnitude earthquake with the epicenter of 55km north-west of Christchurch, South Island of New Zealand
(2): Tokio Millennium Re, Tokio Marine Global, Kiln and Tokio Marine Underwriting are subsidiaries of Tokio Marine & Nichido Fire Insurance Co., Ltd.