Tokio Marine plots higher profit targets after H1 surge; global P&C units will lead

26-11-2021

Tokio Marine plots higher profit targets after H1 surge; global P&C units will lead

shutterstock759918235/Casimiro Pt

Tokio Marine is feeling bullish after a surge in current year profits and now expects to ride growth in P&C to group profits "well past" its prior FY2023 target of ¥500 million ($4.4 million), a level the group can "stably exceed" thereafter, management said in a presentation for its investor day Friday, November 26.


Tokio Marine, Growth targets, Insurance, Property, Casualty, Global

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