Tokio Marine Holdings
| Rating Agencies | Object | Rating |
|---|---|---|
| JCR | Long-term Issuer Rating | AAA Stable |
Tokio Marine & Nichido
| Rating Agencies | Object | Rating |
|---|---|---|
| S&P | Financial Strength Rating | A+*1 Positive |
| Moody's | Insurance Financial Strength Rating |
Aa3 Stable |
| A.M. Best | Financial Strength Ratings | A++ Stable |
| R&I | Issuer Rating | AA+ Stable |
| JCR | Long-term Issuer Rating | AAA Stable |
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*1
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All rated subsidiaries specified in the below benefit from parental guarantees which are issued by Tokio Marine & Nichido (the issuer of any such parental guarantee, the "Guarantor") and are given the same ratings as Tokio Marine & Nichido’s.
Tokio Marine Compania de Seguros -
The Guarantor irrevocably guarantees to any holder (each a "Beneficiary") of an insurance policy and reinsurance contract issued by these subsidiaries the performance of all the obligations in accordance with the terms and conditions of the insurance policies and reinsurance contracts issued by them.
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The Guarantor declares this guarantee to be unconditional and irrevocable and that the Guarantor's obligations under this Guarantee shall not be affected by the genuineness, validity, regularity or enforceability of their obligations under such insurance policy and reinsurance contract.
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The Guarantor's obligations under this Guarantee rank pari passu with the claims of all of the Guarantor's other unsecured and unsubordinated creditors.
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For definitions of the above credit ratings, please refer to the web-site of each credit rating agency.
Bond Information
| Company Name | Description | Date of Issuance |
Balance at the end of March 2024 (Million Yen) |
Balance at the end of March 2025 (Million Yen) |
Interest Rate (%) |
Security | Maturity |
|---|---|---|---|---|---|---|---|
| Tokio Marine & Nichido Fire Insurance Co., Ltd. | 1st subordinated unsecured bond | Dec. 24, 2019 | 200,000 | 200,000 | 0.96 | - | Dec. 24, 2079 |
Green/Nature Finance
In September 2026, Tokio Marine & Nichido Fire Insurance Co., Ltd. established the Tokio Marine Group New Headquarters Building Green/Nature Finance Framework to finance costs related to the construction of the Tokio Marine Group’s new headquarters building.
The new headquarters building is designed to achieve high environmental performance while contributing to climate action, the sustainable use of forest resources, and the conservation and restoration of natural capital, including through the extensive use of domestically sourced timber.
The Framework has obtained a second opinion from Rating and Investment Information, Inc. (R&I).