Tokio Marine

Tokio Marine Reinsurance is the reinsurance arm of Japan’s oldest and largest property‑casualty insurance group. It supports global insurers through treaty, facultative, catastrophe, and specialty risk solutions backed by strong capital and top industry ratings.

History of Tokio Marine Reinsurance

Tokio Marine Reinsurance began in 2000 as Tokio Millennium Re, launched in Bermuda. It was created by Tokio Marine & Nichido Fire Insurance to focus on global reinsurance.

The company started with capital of $125 million and expanded quickly. Here are other key moments in its reinsurance story:

• 2003: top-tier A++ rating from AM Best for strong financial position
• 2006: TMR names Tatsuhiko Hoshina as its new president and CEO
• 2010: Zurich branch opens to grow property and casualty reinsurance in Europe
• 2011: Australian branch opens with AUD80 million capital backing; AM Best upgrades TMR’s rating back to A++
• 2015: Tokio Marine acquires HCC to boost specialty treaty reinsurance
• 2018: Tokio Marine exits large reinsurance platform with sale to RenaissanceRe
• 2024: Tokio Marine HCC celebrates 50 years of global underwriting expertise

Tokio Marine HCC now leads the group’s reinsurance activities with a focus on specialty treaty lines. It operates worldwide and underwrites more than 100 specialty risks across all major markets.

Reinsurance products and services

Tokio Marine Reinsurance offers treaty and specialty reinsurance through Tokio Marine HCC and Tokio Marine Kiln. They support insurers with structured programs and expert risk coverage across major global sectors:

Treaty reinsurance from Tokio Marine HCC

• property treaty: excess-of-loss cover for homes and commercial property portfolios
• engineering treaty: covers construction, machinery breakdown, and third-party site liability
• accident and health treaty: protects against major life losses from disasters or large incidents
• specialty treaty: reinsurance for energy, marine, terrorism, and political violence risks
• catastrophe excess-of-loss: high-limit protection for insurers against disaster-level events
• proportional and facultative treaty: customized coverage for single risks or shared programs
• turnkey reinsurance: ready-made packages for cyber, SME liability, and niche commercial risks

Specialty reinsurance from Tokio Marine Kiln

• aviation reinsurance: treaty and facultative cover for hull, liability, and war-related aircraft risks
• cyber reinsurance: supports cyber breach and business interruption cover with reinsurance backing
• fine art and life sciences: treaty and single-risk cover for high-value or specialist exposures
• political violence and surety: customized protection for rare, complex, or high-impact scenarios
• specialty treaty services: growing reinsurance lines through a new division

Tokio Marine Reinsurance delivers layered, flexible coverage tailored for both broad and niche risks.

Culture and core values

Tokio Marine Reinsurance builds its culture on trust, openness, and inclusion across all its teams. With over 140 years of group experience, it promotes a safe and empowering workplace where people thrive.

Workplace environment and benefits

Tokio Marine Reinsurance offers a workplace shaped by embedded values and a focus on talent. It supports staff with:

• health: includes private medical, dental, health screening, and a well-being allowance
• wealth: offers non-contributory pension, ISA savings, critical illness cover, and transport loans
• life: covers family needs like travel insurance, Bright Horizons care, and holiday purchase
• career: supports professional qualifications with paid leave and career study funding
• daily extras: provides healthy meals, office snacks, and discounts through WRKIT and Sodexo
• well-being: offers Headspace, Employee Assistance Program, and Babylon virtual GP access
• recognition: gives long service awards and sabbatical leave to reward loyalty
• global benefits: includes local extras like lunch vouchers, language classes, and eco perks

This approach helps the company attract and keep strong talent across its global teams. Its focus on health, learning, and balance supports long-term careers and engaged people.

Inclusion and diversity

Tokio Marine Reinsurance welcomes different views, backgrounds, and goals across its global teams. Careers grow freely here, with no limits tied to identity or origin:

• gender and ethnicity data: UK Pay Gap Report tracks equity goals
• inclusive hiring: diverse talent approach across markets
• I&D policy: Equality Policy supports open, fair decisions
• leadership mindset: promotes collaboration and accountability
• employee voices: fosters belonging and everyday respect

The company builds a safe, respectful space where everyone is valued and supported to succeed.

The future at Tokio Marine Reinsurance

Tokio Marine Holdings transferred policy risks to Resolution Life through a reinsurance deal in Japan. The agreement includes whole life policies from its subsidiary, Anshin Life. The transaction shows Tokio Marine’s long-term focus on capital efficiency and risk transfer.

Tokio Marine, through Anshin Life, deepened its reinsurance ties with RGA in 2024. The new whole life coinsurance deal follows an earlier JPY100 billion policy transfer. The group continues refining its capital and risk strategy using targeted reinsurance structures.