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Corporate Strategy

Tokio Marine Group aims to be a global insurance group that delivers sustainable growth by providing safety and security to customers worldwide based on our corporate philosophy, "With customer trust as the foundation for all its activities".
We would like to introduce our Mid-Term Business Plan, "To Be a Good Company 2020", which commenced in FY2018.

May 25, 2018
IR Conference for New Mid-Term Business Plan, "To Be a Good Company 2020"

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Material

For outlook (update) of FY2020 target, please refer to FY2018 IR Conference for New Mid-Term Business Plan released in May. 25, 2018.

International Insurance Business

Concepts of the Mid-Term Business Plan

Through strengthening Integrated Group management, we will be the driver of diversification and sustained profit growth of the Group by pursuing both Sustainable organic growth and Strategic M&A

・Be the driver of diversification and sustainable profit growth of the Group ・Pursue balanced, sustainable growth in both developed and emerging markets organically and through strategic M&A ・Strengthen “Integrated Group Management” through globalization and enhancement of business support functionsSustainable Organic Growth: ・Capture sustainable profit growth of  Group Companies ・Pursue global synergies ・Strengthen support for Japanese clients through  collaboration between domestic and international businesses ・Promote innovation through new technology ・Operational efficiency improvement and sophistication ・Business model innovation / Strategic M&A: Seek new business opportunities in both developed and emerging markets for sustainable, profitable growth and diversification of the group, while maintaining discipline / Enhance “Integrated Group Management” / ・Globalize and enhance Corporate Functions ・Promote Enterprise Risk Management (ERM) / Global HR development and talent utilization / IT platform development / Spreading Group culture “To Be a Good Company” throughout the organization

Main KPIs

Net premiums written (billions of yen) / 2017 1,648.0 / 2018 Projections 1,713.0 / 2020 Plans CAGR +approx.+5% / Normalized basis*1 Applied FX rate (USD/JPY) Mar.31, 2018 ¥106.2
  • *1:
    FX when converting to yen is adjusted to FX of Mar. 31, 2018. (Regarding International Insurance, the same applies hereinafter)
Business unit profits (billions of yen) / 2017 145.0 C/R 98% (Normalized basis) / 2018 Projections 165.0 96% / 2020 Plans CAGR +approx.+11%*3 / 95%level / Normalized basis*2 Applied FX rate (USD/JPY) Mar.31, 2018 ¥106.2
  • *2:
    FX when converting to yen is adjusted to FX of Mar. 31, 2018. Excluding the impact of FX gains/losses at major overseas subsidiaries. Nat-cat losses are normalized to an average annual level. Excluding one time impact of U.S. Tax Reform. (Regarding International Insurance, the same applies hereinafter)
  • *3:
    CAGR excluding the impact of the US tax reform from 2020 plans is approx. +8%