Millea Holdings, Inc.
5-1 Otemachi 1-chome, Chiyoda-ku, Tokyo
We sincerely would like to extend our warmest sympathies to those that have suffered damage from the earthquake off Sumatra and tsunami in the Indian Ocean Southeast Asia which occurred on December 26, 2004.
The following are estimated incurred losses caused by the disasters based on reports that Millea Group has received as of January 18, 2005
<Estimated incurred losses> | Overseas travel insurance | 222 |
| Commercial line contracts underwritten in Japan | 25 |
| Reinsurance contracts underwritten by local subsidiaries | 113 |
| Non-life and life insurance contracts underwritten by the subsidiaries of Millea Asia | 170 (Non-life: 157, life: 13) |
| Total | 530 |
Notes
The above preliminary estimates are based on information available to us as of January 18, 2005.These amounts will be subject to adjustment and may materially change based on the results of claims investigations and other factors.
