Tokio Marine targets ASEAN for expansion abroad

Business / Corporate Jul 29, 2013

Tokio Marine targets ASEAN for expansion abroad

by Tomoko Yamazaki and Komaki Ito

Tokio Marine Holdings Inc., the nation's second-largest nonlife insurer, is seeking to expand in Southeast Asia as Japan's shrinking population erodes its domestic market. The insurer plans to expand in life insurance, automobile coverage, reinsurance and asset management, President Tsuyoshi Nagano said. The Tokyo-based company ...