Tokio Marine plots higher profit targets after H1 2021 surge

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.

The rest of this article is locked for subscribers only. Please login to continue reading.

If you don't have a login, you will need to purchase a subscription to gain access to this article, including all our online content. Please use this link and follow the steps.

To request a FREE 2-week trial subscription, use the same link but select the 'trial' option in the dropdown box. NOTE - this can take up to 48hrs to be approved.

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk

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

More on this story

Tokio Marine would jump at major M&A deal to diversify its game, but valuations seem hefty: CEO
29-11-2021

Tokio Marine boosts growth outlook as profits quadruple in fiscal first half
19-11-2021

Tokio Marine HCC restructures contingency unit after ‘volatile’ year
08-06-2021

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

More on this story

Other related

More on this story

Sign up for the newsletter