Tokio Marine : Supplemental Material for 2Q FY2021

Supplemental Material for 2Q FY2021

November 19, 2021

Tokio Marine Holdings, Inc.

(unit: billions of JPY, except for %)

									FY2021 Projections
■ Premiums		FY2020	FY2021	YoY
	2Q	2Q	Change	%		Original	YoY %	Revised	YoY %
							(vs FY2020)		(vs FY2020)
	Total premiums (TMHD Consolidated)		2,279.0	2,399.2	+ 120.2	+ 5.3%		4,690.0	+ 2.8%	4,790.0	+ 5.0%
	Net premiums written (TMHD Consolidated)		1,809.5	1,920.3	+ 110.7	+ 6.1%	3,760.0	+ 4.3%	3,830.0	+ 6.2%
	Tokio Marine & Nichido	1,127.4	1,152.3	+ 24.8	+ 2.2%	2,262.0	+ 0.0%	2,292.0	+ 1.4%

Overseas subsidiaries	591.4	677.5	+ 86.0	+ 14.6%	1,313.0	+ 12.5%	1,357.0	+ 16.3%
Life insurance premiums*1 (TMHD Consolidated)	469.4	478.9	+ 9.4	+ 2.0%	930.0	- 2.6%	960.0	+ 0.5%
Tokio Marine & Nichido Life	285.6	273.7	- 11.9	- 4.2%	552.0	- 7.8%	553.0	- 7.7%
Overseas subsidiaries	184.0	205.4	+ 21.4	+ 11.7%	378.0	+ 6.0%	403.0	+ 13.0%

• Ordinary Profit

Ordinary profit (TMHD Consolidated)

Tokio Marine & Nichido

Tokio Marine & Nichido Life

Overseas subsidiaries

Financial and other

Elimination of dividends received by TMNF from subsidiaries etc.

Purchase method adjustments (incl. amortization of other intangible fixed assets)

Amortization of goodwill/negative goodwill

Others (Elimination, etc.)*2

• Net Income

Net income attributable to owners of the parent (TMHD Consolidated)

Tokio Marine & Nichido

Tokio Marine & Nichido Life

Overseas subsidiaries

Financial and other

Elimination of dividends received by TMNF from subsidiaries etc.

Purchase method adjustments (incl. amortization of other intangible fixed assets)

Amortization of goodwill/negative goodwill

Others (Elimination, etc.)*2

Adjusted Net Income

						FY2021 Projections
FY2019	FY2020	YoY
2Q	2Q	Change	%		Original	FY2021 2Q	Revised	Difference
				Progress
109.1	366.8	+ 257.6	+ 236.0%		440.0	83.4%	480.0	+ 40.0
93.9	246.5	+ 152.5	+ 162.4%		288.0	85.6%	291.0	+ 3.0
33.3	30.5	- 2.8	- 8.4%		65.0	47.0%	65.0	-
37.3	152.8	+ 115.5	+ 309.4%		218.0	70.1%	254.0	+ 36.0
4.2	4.8	- 0.5	+ 12.2%		8.0	60.2%	8.5	+ 0.5
- 23.7	- 40.0	- 16.3			- 55.6		- 59.1	- 3.5
- 25.2	- 17.5	+ 7.6			- 35.5		- 38.4	- 2.9
- 28.6	- 32.2	- 3.5			- 64.8		- 66.3	- 1.4
17.7	21.9	+ 4.1			17.0		25.4	+ 8.3
						FY2021 Projections
FY2019	FY2020	YoY
2Q	2Q	Change	%		Original	FY2021 2Q	Revised	Difference
				Progress
62.3	269.2	+ 206.8	+ 331.6%		315.0	85.5%	345.0	+ 30.0
62.9	189.8	+ 126.8	+ 201.4%		220.0	86.3%	222.0	+ 2.0
22.3	21.5	- 0.8	- 3.8%		47.0	45.8%	47.0	-
32.8	128.2	+ 95.3	+ 290.5%		184.0	69.7%	213.0	+ 29.0
2.9	3.3	+ 0.4	+ 14.2%		5.5	61.7%	5.8	+ 0.3
- 23.7	- 40.0	- 16.3			- 55.6		- 59.1	- 3.5
- 18.6	- 13.8	- 4.8			- 26.9		- 30.4	- 3.4
- 28.1	- 31.8	- 3.6			- 64.0		- 65.4	- 1.4
11.8	12.0	+ 0.2			5.2		12.2	+ 7.0
186.7	318.1	+ 131.4	+ 70.4%		424.0	75.0%	490.0	+ 66.0

Business Unit Profits
		Domestic Non-life（Tokio Marine & Nichido）		91.3	131.8	+ 40.4	+ 44.3%		139.0	94.8%	176.0	+ 37.0
		Domestic Life （Tokio Marine & Nichido Life）		24.4	22.7	- 1.6	- 6.7%		48.0	47.3%	48.0	-
		International Insurance		37.9	127.6	+ 89.6	+ 236.2%		167.0	76.4%	202.0	+ 35.0

*1 "Life insurance premiums" are reconciled from accounting format of each company to that of non-life operations (after excluding surrender benefits, etc. basis)

*2 "Others" include figures of other group companies and consolidation adjustments.