Millea Holdings was established in 2002 to become the parent company to Tokio Marine Insurance and Nichido Fire Insurance in preparation for their merger, before being renamed Tokio Marine Holdings in 2008.
[5] In June 2015, Tokio Marine announced it would be acquiring HCC Insurance Holdings for $7.5 billion.
[6] Tokio Marine forecast that 46% of its profits would come from outside Japan following the HCC acquisition.
[7][8] Insure Our Future has described Tokio Marine’s environmental policy as “weak”.
[9] Unlike its competitor Sompo, Tokio Marine does not plan to stop insuring coal-fired power plants in Japan.