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{{short description|Japanese insurance company}}
[[Image:TokioMarineNichido.jpg|thumb|Tokio Marine Nichido Building near the [[Kokyo|Imperial Palace]] in Tokyo]]
{{more citations needed|date=August 2019}}
{{Nihongo|'''Tokio Marine & Nichido Fire Insurance Co., Ltd.'''|東京海上日動火災保険株式会社|Tōkyō Kaijō Nichidō Kasai Hoken Kabushiki-gaisha}} is a Japanese insurance company, based in the [[Marunouchi]] area of [[Chiyoda, Tokyo|Chiyoda]] in [[Tokyo, Japan]].
{{Infobox company
| name = Tokio Marine & Nichido Fire Insurance Co., Ltd.<br />東京海上日動火災保険株式会社
| logo = TOKIO MARINE NICHIDO typo.gif
| logo_size = 200px
| image = Tokio_Marine_&_Nichido_Fire_Insurancea.jpg
| type = [[Subsidiary]]
| hq_location_city = [[Chiyoda, Tokyo|Chiyoda]], Tokyo
| hq_location_country = Japan
| industry = [[Insurance]]
| parent = [[Tokio Marine|Tokio Marine Holdings]]
| homepage = [http://www.tokiomarine-nichido.co.jp/en/ TokioMarine-Nichido.co.jp]
| foundation = 1879
}}


{{Nihongo|'''Tokio Marine & Nichido Fire Insurance Co., Ltd.'''|東京海上日動火災保険株式会社|Tōkyō Kaijō Nichidō Kasai Hoken [[Kabushiki kaisha|Kabushiki-Kaisha]]}}, commonly called '''Tokio Marine Nichido''', is a [[property insurance|property]]/[[casualty insurance]] subsidiary of [[Tokio Marine Holdings]], the largest non-mutual private insurance group in [[Japan]]. Tokio Marine Holdings was formerly known as Millea Group, which underwent a name change in July 2008. Its headquarters are in [[Marunouchi]], [[Chiyoda, Tokyo|Chiyoda]], Tokyo.<ref>"[http://www.tokiomarine-nichido.co.jp/en/us/manage/index.html Corporate Profile]." Tokio Marine Nichido. Retrieved on July 24, 2011. "Address of Head Office 2-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo"</ref>
The company is one of the very few groups and individuals that still use the spelling Tokio for the city in the English language.


The company is one of the very few groups and individuals that still use the spelling Tokio for the city in the English language.
It is a member of the [[Millea Group]].


==History==
==History==


===The Tokio Marine and Fire Insurance===
===Before Merger===
The antecedent Tokyo Marine insurance is the first insurance company (as the marine insurance company) in Japan, and also the top sales damage insurance company of Japan in pre-[[World War II|war]] era.


* August, 1879 - Tokyo Marine Insurance (東京海上保険) established.
'''The Tokio Marine and Fire Insurance'''
* January, 1891 - Meiji Fire Insurance (明治火災保険) established.
* April, 1918 - Tokyo Marine Insurance changes the trade name to Tokyo Marine and Fire Insurance (東京海上火災保険).
* March, 1919 - Mitsubishi Marine and Fire Insurance (三菱海上火災保険) established.
* March, 1944 - Tokio Marine and Fire Insurance acquires Meiji Fire Insurance and the Mitsubishi Marine and Fire insurance.


===The Nichido Fire & Marine Insurance===
The antecedent Tokyo Marine insurance is the first insurance company (as the marine insurance company) in Japan, and also the top sales damage insurance company of Japan in pre-[[World War II|war]] era.


The company was one of the "Big Three [[Personal property]] [https://tawasulinsurance.ae/car-insurance/ insurance companies]" in pre-war Japan. It belonged to the old [[Yasuda zaibatsu]].
* August, 1879- Tokyo Marine Insurance(東京海上保険) established.
* January, 1891- Meiji Fire Insurance(明治火災保険) established.
* April, 1918- Tokyo Marine Insurance changes the trade name to Tokyo Marine and Fire Insurance(東京海上火災保険).
* March, 1919- Mitsubishi Marine and Fire Insurance(三菱海上火災保険) established.
* March, 1944- Tokio Marine and Fire Insurance acquires Meiji Fire Insurance and the Mitsubishi Marine and Fire insurance.


* February, 1898 - Tokyo Article Fire Insurance (東京物品火災保険) established.
'''The Nichido Fire & Marine Insurance'''
* November, 1911 - Toho Fire Insurance (東邦火災保険) established.

* January, 1914 - Tokyo Article Fire Insurance change the trade name to the Japan Personal Property fire insurance (日本動産火災保険).
The company is one of a "Big Three [[Personal property]] insurance companies" in pre-war Japan. It belonged to the old [[Yasuda zaibatsu]].
* August, 1944 - Japan Personal Property fire insurance acquires Toho Fire Insurance.

* December, 1946 - Change of trade name to Nichido Fire & Marine Insurance.
* February, 1898- Tokyo Article Fire Insurance(東京物品火災保険) established.
* November, 1911- Toho Fire Insurance(東邦火災保険) established.
* January, 1914- Tokyo Article Fire Insurance change the trade name to the Japan Personal Property fire insurance(日本動産火災保険).
* August, 1944- Japan Personal Property fire insurance acquires Toho Fire Insurance.
* December, 1946- Change of trade name to Nichido Fire & Marine Insurance.


===Merger===
===Merger===
On [[2004-10-01]], Tokio Marine & Fire Insurance and Nichido Fire and Marine Insurance merged to create Tokio Marine & Nichido Fire Insurance Co., Ltd.
On 1 November 2004, Tokio Marine & Fire Insurance and Nichido Fire and Marine Insurance merged to create Tokio Marine & Nichido Fire Insurance Co., Ltd.

== Scandal ==
In 2008 the president of the company resigned. It was found that the company had fraudulently failed to pay out insurance claims in over 1000 cases. They had also neglected to pay benefits on another 85,000 insurance products and overcharged policyholders on premiums, causing a major scandal involving over 7 billion yen ($86,000,000 in today’s money) and leading to penalties for over 170 executives.


==Subsidiaries==
==Subsidiaries==

====Japan====
===Japan===

*[[Tokio Marine Asset Management Co.]]
*[[Tokio Marine Asset Management Co.]]
*[[Tokio Marine Capital Co.]]
*[[Tokio Marine Capital Co.]]
Line 43: Line 58:
*[[Tokio Marine Nichido Systems Co.]]
*[[Tokio Marine Nichido Systems Co.]]
*[[Tokio Marine & Nichido Communications Co.]]
*[[Tokio Marine & Nichido Communications Co.]]
*[[Tokio Marine Research Institiute]]
*[[Tokio Marine Research Institute]]
*[[International Assistance Co.]]
*[[International Assistance Co.]]
*[[Tokio Marine & Nichido Risk Consulting Co.]]
*[[Tokio Marine & Nichido Risk Consulting Co.]]
*[[Tokio Marine & Nichido Corporation Co.]]
*[[Tokio Marine & Nichido Corporation Co.]]
*[[Japan Real Estate Asset Management Co.]]
*[[Japan Real Estate Asset Management Co.]]
====Overseas====


=====Australia=====
===Overseas===

*[[Tokio Marine Management (Australasia) Pty. Ltd.]]
=====Bahrain=====
====People's Republic of China====

*[[The Arab Eastern Insurance Co., Ltd.,]]
* Tokio Marine & Fire Insurance Company (Hong Kong)
=====Brazil=====
*[[Tokio Marine Seguradora S.A.]]
* Tokio Marine Investment Services Ltd.
* Sino Life Insurance Co.
=====Bermuda=====

*[[Tokio Millennium Re Ltd.]]
=====People's Republic of China=====
====Singapore====
*[[Tokio Marine & Fire Insurance Company (Hong Kong)]]
*[[Tokio Marine Investment Services Ltd.]]
*[[Sino Life Insurance Co.]]


=====Guam=====
*[[Tokio Marine Pacific Insurance Limited]]
=====India=====
*[[IFFCO-TOKIO General Insurance Co.]]
=====Indonesia=====
*[[P.T. Asuransi Tokio Marine Indonesia]]
=====Ireland=====
*[[Tokio Marine Global Re Limited]]
=====Malaysia=====
*[[Tokio Marine Insurans (Malaysia) Bhd.]]
=====Mexico=====
*[[Tokio Marine Compania de Seguros, S.A. de C.V.]]
=====Singapore=====
*[[Tokio Marine Malayan Insurance Co., Inc.]]
*[[Tokio Marine Malayan Insurance Co., Inc.]]
*[[The Tokio Marine and Fire Insurance Company (Singapore) Pte. Limited]]
*[[The Tokio Marine and Fire Insurance Company (Singapore) Pte. Limited]]
*[[TM Claims Service Asia Pte. Ltd.]]
*[[TM Claims Service Asia Pte. Ltd.]]
*[[Tokio Marine Retakaful Pte. Ltd.]]
*[[Tokio Marine Retakaful Pte. Ltd.]]
=====Republic of China (Taiwan)=====
*[[Tokio Marine Newa Insurance Co., Ltd.]]


=====Thailand=====
====Thailand====

*[[The Sri Muang Insurance Co., Ltd.]]
*[[The Sri Muang Insurance Co., Ltd.]]
*[[Millea Life Insurance (Thailand) Public Co., Ltd.]]
*[[Millea Life Insurance (Thailand) Public Co., Ltd.]]
=====United Kingdom=====
*[[Tokio Marine Europe Insurance Limited]]
*[[TM Management Services Limited]]
*[[Tokio Marine Global Ltd.]]
*[[Kiln Ltd.]]


=====United States=====
====United Kingdom====
*[[Tokio Marine Kiln]]

====United Arab Emirates====

*[[Tokio Marine Middle East, Ltd.]]
*[https://www.tmnf.ae Tokio Marine & Nichido Fire Insurance Co. Ltd.]

====United States====

*[[Tokio Marine HCC]]
*Philadelphia Insurance Companies
*Tokio Marine Management, Inc.
*Tokio Marine Management, Inc.
*Tokio Marine Technologies LLC
*Tokio Marine Technologies LLC
Line 101: Line 104:
*First Insurance Company of Hawaii, Ltd.
*First Insurance Company of Hawaii, Ltd.
*TM Claims Service, Inc.
*TM Claims Service, Inc.
*Tokio Marine North America Services LLC.


=====Vietnam=====
====Other countries====
*[[Vietnam International Assurance Company]]


* Australia: Tokio Marine Management (Australasia) Pty. Ltd.
==Shareholders==
* Bahrain: The Arab Eastern Insurance Co., Ltd.
*[[Millea Holdings, Inc.]]
* Brazil: Tokio Marine Seguradora S.A.
* Bermuda: [[Tokio Millennium Re Ltd.]]
* Egypt: [Tokio Marine Egypt] Nile Takaful
* Guam: Tokio Marine Pacific Insurance Limited
* India: IFFCO Tokio General Insurance Company Limited
* India: Edelweiss Tokio Life Insurance Company Limited
* Indonesia: P.T. Asuransi Tokio Marine Indonesia
* Ireland: Tokio Marine Global Re Limited
* Vietnam: Bao Viet Tokio Marine Joint Venture Company.
* Malaysia: Tokio Marine Insurans (Malaysia) Bhd.
* México: Tokio Marine Compañía de Seguros, S.A. de C.V.
* Taiwan: Tokio Marine Newa Insurance Co., Ltd.
* Kingdom of Saudi Arabia: Alinma Tokio Marine Company
* United Arab Emirates:Tokio Marine Middleeast Limited
* United Arab Emirates:Tokio Marine Nichido Insurance UAE


==External links==
== References ==
{{Reflist}}
====Japan====
*[http://www.tokiomarine-nichido.co.jp/index-e.html Tokio Marine Nichido]
*[http://www.tokiomarineam.co.jp/ Tokio Marine Asset Management]
*[http://www.tmcap.co.jp/ Tokio Marine Capital]
*[http://www.tokiomarine-fs.co.jp/index-e.html Tokio Marine Financial Solutions]
*[http://www.intac-net.co.jp/english/index.html International Assistance Co.]
====Overseas====
=====Bahrain=====
*[http://www.husseinaoueini.com/ The Arab Eastern Insurance Co., Ltd.,]
=====Brazil=====
*[http://www.tokiomarine.com.br Tokio Marine Seguradora S.A.]
=====China=====
*[http://www.tokiomarine.com.hk/Internet/eng/e_index.html The Tokio Marine and Fire Insurance Company (Hong Kong) Limited]
*[http://www.sino-life.com/index.htm Sino Life Insurance Co.]
=====India=====
*[http://itgi.co.in/index.html IFFCO-TOKIO General Insurance Co.]
=====Indonesia=====
*[http://www.tokiomarine.co.id/ P.T. Asuransi Tokio Marine Indonesia]
=====Malaysia=====
*[http://www.tokiomarine.com.my/ Tokio Marine Insurans (Malaysia) Bhd.]
=====Philippines=====
*[http://www.tmmic.com/ Tokio Marine Malayan Insurance Co., Inc.]
=====Taiwan=====
*[http://www.tmnewa.com.tw/ Tokio Marine Newa Insurance Co., Ltd.]
=====Thailand=====
*[http://www.srimuang.co.th/ The Sri Muang Insurance Co., Ltd.]
*[http://www.millealife.co.th/ Millea Life Insurance (Thailand) Public Co., Ltd.]
=====United Kingdom=====
*[http://www.tokiomarine.co.uk Tokio Marine Europe Insurance Limited]
*[http://www.tokiomarineglobal.com Tokio Marine Global Ltd.]
*[http://www.kilnplc.com Kiln Ltd.]


=====United States=====
==External links==
{{Commons category|Tokio Marine & Nichido Fire Insurance}}
*[http://www.tokiomarine.us Tokio Marine Management, Inc.]
* [http://www.tokiomarine-nichido.co.jp/en/ TokioMarine-Nichido.co.jp]
*[http://www.ficoh.com First Insurance Company of Hawaii, Ltd.]
=====Vietnam=====
*[http://www.via.com.vn/ Vietnam International Assurance Company]


{{Portal|Tokyo|Companies}}
{{Mitsubishi Group}}
{{Insurance industry in China}}
{{ICISA members}}
{{Authority control}}


[[Category:Companies of Japan]]
[[Category:Tokio Marine]]
[[Category:Insurance companies of Japan]]
[[Category:Companies formerly listed on the Tokyo Stock Exchange]]
[[Category:Insurance companies based in Tokyo]]
[[Category:Insurance companies of Hong Kong]]
[[Category:Insurance companies of Hong Kong]]
[[Category:Mitsubishi companies|Tokio Marine & Nichido Fire Insurance]]
[[Category:Mitsubishi companies|Tokio Marine and Nichido Fire Insurance]]
[[Category:Financial services companies established in 1879]]
[[ja:東京海上日動火災保険]]
[[Category:Marine insurance companies]]
[[Category:Japanese companies established in 1879]]

Latest revision as of 02:10, 31 December 2024

Tokio Marine & Nichido Fire Insurance Co., Ltd.
東京海上日動火災保険株式会社
Company typeSubsidiary
IndustryInsurance
Founded1879
Headquarters
Chiyoda, Tokyo
,
Japan
ParentTokio Marine Holdings
WebsiteTokioMarine-Nichido.co.jp

Tokio Marine & Nichido Fire Insurance Co., Ltd. (東京海上日動火災保険株式会社, Tōkyō Kaijō Nichidō Kasai Hoken Kabushiki-Kaisha), commonly called Tokio Marine Nichido, is a property/casualty insurance subsidiary of Tokio Marine Holdings, the largest non-mutual private insurance group in Japan. Tokio Marine Holdings was formerly known as Millea Group, which underwent a name change in July 2008. Its headquarters are in Marunouchi, Chiyoda, Tokyo.[1]

The company is one of the very few groups and individuals that still use the spelling Tokio for the city in the English language.

History

[edit]

The Tokio Marine and Fire Insurance

[edit]

The antecedent Tokyo Marine insurance is the first insurance company (as the marine insurance company) in Japan, and also the top sales damage insurance company of Japan in pre-war era.

  • August, 1879 - Tokyo Marine Insurance (東京海上保険) established.
  • January, 1891 - Meiji Fire Insurance (明治火災保険) established.
  • April, 1918 - Tokyo Marine Insurance changes the trade name to Tokyo Marine and Fire Insurance (東京海上火災保険).
  • March, 1919 - Mitsubishi Marine and Fire Insurance (三菱海上火災保険) established.
  • March, 1944 - Tokio Marine and Fire Insurance acquires Meiji Fire Insurance and the Mitsubishi Marine and Fire insurance.

The Nichido Fire & Marine Insurance

[edit]

The company was one of the "Big Three Personal property insurance companies" in pre-war Japan. It belonged to the old Yasuda zaibatsu.

  • February, 1898 - Tokyo Article Fire Insurance (東京物品火災保険) established.
  • November, 1911 - Toho Fire Insurance (東邦火災保険) established.
  • January, 1914 - Tokyo Article Fire Insurance change the trade name to the Japan Personal Property fire insurance (日本動産火災保険).
  • August, 1944 - Japan Personal Property fire insurance acquires Toho Fire Insurance.
  • December, 1946 - Change of trade name to Nichido Fire & Marine Insurance.

Merger

[edit]

On 1 November 2004, Tokio Marine & Fire Insurance and Nichido Fire and Marine Insurance merged to create Tokio Marine & Nichido Fire Insurance Co., Ltd.

Scandal

[edit]

In 2008 the president of the company resigned. It was found that the company had fraudulently failed to pay out insurance claims in over 1000 cases. They had also neglected to pay benefits on another 85,000 insurance products and overcharged policyholders on premiums, causing a major scandal involving over 7 billion yen ($86,000,000 in today’s money) and leading to penalties for over 170 executives.

Subsidiaries

[edit]

Japan

[edit]

Overseas

[edit]

People's Republic of China

[edit]
  • Tokio Marine & Fire Insurance Company (Hong Kong)
  • Tokio Marine Investment Services Ltd.
  • Sino Life Insurance Co.

Singapore

[edit]

Thailand

[edit]

United Kingdom

[edit]

United Arab Emirates

[edit]

United States

[edit]
  • Tokio Marine HCC
  • Philadelphia Insurance Companies
  • Tokio Marine Management, Inc.
  • Tokio Marine Technologies LLC
  • Trans Pacific Insurance Company
  • TM Casualty Insurance Company
  • TM Specialty Insurance Company
  • TNUS Insurance Company
  • First Insurance Company of Hawaii, Ltd.
  • TM Claims Service, Inc.
  • Tokio Marine North America Services LLC.

Other countries

[edit]
  • Australia: Tokio Marine Management (Australasia) Pty. Ltd.
  • Bahrain: The Arab Eastern Insurance Co., Ltd.
  • Brazil: Tokio Marine Seguradora S.A.
  • Bermuda: Tokio Millennium Re Ltd.
  • Egypt: [Tokio Marine Egypt] Nile Takaful
  • Guam: Tokio Marine Pacific Insurance Limited
  • India: IFFCO Tokio General Insurance Company Limited
  • India: Edelweiss Tokio Life Insurance Company Limited
  • Indonesia: P.T. Asuransi Tokio Marine Indonesia
  • Ireland: Tokio Marine Global Re Limited
  • Vietnam: Bao Viet Tokio Marine Joint Venture Company.
  • Malaysia: Tokio Marine Insurans (Malaysia) Bhd.
  • México: Tokio Marine Compañía de Seguros, S.A. de C.V.
  • Taiwan: Tokio Marine Newa Insurance Co., Ltd.
  • Kingdom of Saudi Arabia: Alinma Tokio Marine Company
  • United Arab Emirates:Tokio Marine Middleeast Limited
  • United Arab Emirates:Tokio Marine Nichido Insurance UAE

References

[edit]
  1. ^ "Corporate Profile." Tokio Marine Nichido. Retrieved on July 24, 2011. "Address of Head Office 2-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo"
[edit]
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