Tokio Marine Holdings, Inc.

Terra Drone announced that its domestically produced interceptor drone, the Terra B1, has passed the demonstration test in the Defense Equipment Agency's 'Interceptor Drone Early Acquisition Program.' Additionally, CSSHD is investing in TechMagic, which specializes in cooking robots and business automation solutions. Osaka Titanium plans to raise up to 22 billion yen through the issuance of 7 million new shares and the sale of 1.05 million shares, raising concerns about supply-demand deterioration. Toyo Asano has revised down its consolidated earnings forecast for the fiscal year ending February 2027. Tokio Marine announced a stock split of 1 share into 15 shares and the introduction of a shareholder benefit program. JT received dividends from its consolidated subsidiaries, Morinaga Milk changed its shareholder benefit program and record date, and Sasadoku Printing newly introduced a shareholder benefit program. Seirogan (Daiko Pharmaceutical) applied for a market change to the Tokyo Stock Exchange Standard Market, and Intage Holdings announced the establishment of a share buyback framework and a change of its corporate name.

Tokio Marine is nearing what would be its largest-ever acquisition, with Suncorp now the preferred target after months spent weighing rival prospects in Australia and Canada, the Financial Times reported. The push for an overseas takeover by the Berkshire Hathaway-backed Japanese insurer is part of a broader strategy under CEO Masahiro Koike to expand the group's footprint beyond its domestic market. Tokio Marine had reportedly been weighing several options including Australia's Insurance Australia Group and Suncorp, alongside Canada's Intact Financial Corporation. Suncorp and IAG are valued at approximately $14bn and $13bn, respectively, whilst Intact carries a market value of around $34bn. According to sources cited in the report, Intact was dropped from consideration on account of its size, leaving Suncorp as the frontrunner. However, the sources cautioned that discussions remain ongoing and a deal is not yet certain. Berkshire Hathaway acquired a 2.49% stake in Tokio Marine in March 2026, a move accompanied by an agreement to jointly pursue large-scale acquisitions internationally, combining Berkshire Hathaway's financial backing with Tokio Marine's deal-making track record. Since 2008, the Japanese insurer has completed five major overseas acquisitions in the general insurance space, worth a combined $19bn. The largest of these was its $7.5bn acquisition of America's HCC. Sources indicated that the Berkshire Hathaway partnership was structured specifically to pursue insurance transactions outside Japan, allowing Tokio Marine to direct its domestic resources towards investment at home. Tokio Marine previously provided cover to supply chain finance company Greensill Capital, which collapsed in 2021. This followed its 2019 acquisition of Sydney-based Bond & Credit, a transaction that also included the purchase of IAG's 50% stake in that venture. Suncorp, the parent of the AAMI and GIO brands, has attracted acquisition interest since divesting its banking arm to ANZ in 2024. The insurer posted a A$1bn net profit this month, alongside a special dividend and share buyback.

Tokio Marine Holdings announced on the 25th that it will implement a 15-for-1 stock split effective October 1, using September 30 as the record date. The move aims to lower the investment amount per trading unit and broaden its investor base. At the same time, the company decided to introduce a shareholder benefit program. Targeting shareholders who continuously hold 100 or more common shares for at least three years, with March 31, 2027 as the initial record date, the company will give electronic money or similar perks worth 7,500 yen for the first time, and 2,500 yen every year thereafter.

Tokio Marine Holdings reported first-quarter net income attributable to owners of the parent climbed 3.3% to 264.300 billion yen from 255.959 billion yen a year earlier. Diluted earnings per share stood at 138.16 yen versus 133.38 yen previously, while adjusted net income declined 3.6% to 261.351 billion yen. Insurance revenue reached 2.047 trillion yen, up 12.3% from 1.823 trillion yen in the same period last year. The company forecasts net income of 830 billion yen for the fiscal year ending March 31, 2027, a 56.2% increase from the prior fiscal year, with basic earnings per share projected at 441.83 yen and adjusted EPS at 514 yen.

UK-based carbon insurance company Kita has taken an undisclosed strategic investment from Japan's Tokio Marine Group and agreed to broaden its commercial collaboration. The investment was made through Tokio Marine & Nichido Fire Insurance Co, Kita said on 31 July. The deal deepens an existing relationship with Tokio Marine Kiln, with the companies already having worked on political risk insurance products aimed at carbon credit transactions. Kita said the expanded partnership will now extend to additional Tokio Marine Group companies to support the growth and integrity of global carbon markets. In Japan, Kita and TMNF are developing insurance designed to protect carbon credit buyers against transaction risks, including the possibility that prepaid credits are not delivered as contracted, and will also explore offering carbon project risk assessment services to TMNF customers using satellite-based analytics.

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of "a-" (Excellent) of PT Asuransi Tokio Marine Indonesia, with a stable outlook. The ratings reflect the company's strong balance sheet, strong operating performance, limited business profile, and appropriate enterprise risk management, along with rating enhancement from Tokio Marine & Nichido Fire Insurance Co., Ltd., the main insurance operating entity of Tokio Marine Holdings, Inc. TMI's risk-adjusted capitalisation was at the strongest level at year-end 2025, supported by a 21% increase in shareholders' equity from full earnings retention and a conservative investment portfolio, though partially offset by moderate reinsurance dependence and elevated counterparty credit risk. Operating performance remains strong, with a combined ratio of 84% in 2025 and stable investment returns. TMI holds a 2% domestic market share in Indonesia's non-life insurance sector, with a moderately diversified portfolio and preferential access to Japanese interest abroad risks through its affiliation with Tokio Marine Holdings.