1. Homepage
  2. Equities
  3. Japan
  4. Japan Exchange
  5. Tokio Marine Holdings, Inc.
  6. News
  7. Summary
    8766   JP3910660004

TOKIO MARINE HOLDINGS, INC.

(8766)
  Report
Delayed Japan Exchange  -  05/24 02:00:00 am EDT
7129.00 JPY   -2.34%
05/23TOKIO MARINE : & Nichido Life "Disclosure of Market Consistent Embedded Value as at March 31, 2022" (555KB)PDF
PU
05/23Nikkei 255 Gains 1% on Post-Pandemic Outlook
MT
05/23Japan's Nikkei climbs 1% to cross 27,000 mark
RE
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Tokio Marine : joins the Net-Zero Insurance Alliance (NZIA) (21KB)PDF

01/18/2022 | 09:12pm EDT

January 19, 2022

Tokio Marine Holdings, Inc.

1-2-1 Marunouchi, Chiyoda-ku, Tokyo, 100-0005, Japan

Tokio Marine Holdings joins the Net-Zero Insurance Alliance (NZIA)

Tokio Marine Holdings, Inc. (President and Group CEO: Satoru Komiya, the "TMHD") is joining the Net-Zero Insurance Alliance (NZIA), as the first Japanese member.

1TMHD's participation in the NZIA

Tokio Marine Group is committed to supporting the just transition towards the global goal of achieving net-zero greenhouse gas (GHG) emissions and is promoting measures to combat climate change through both mitigation and adaptation. Specifically, it has been developing insurance products and services that help achieve the goals of the United Nations Sustainable Development Goals (SDGs) and the Paris Agreement, and has achieved carbon neutrality in the Group's business activities for eight consecutive years through mangrove planting projects and the use of renewable energy. The Group has also led the discussions on climate change through its participation in international initiatives such as the Geneva Association and ClimateWise.

The NZIA is an international initiative to promote the transition of insurance underwriting portfolios towards materializing a net zero GHG emissions society by 2050. The insurance industry is already taking a number of steps towards achieving a decarbonised society, and Tokio Marine believes it is essential to continue supporting the promotion of renewable energy and the development of decarbonisation technologies through its insurance underwriting and engagement with customers.

To this end, through its participation in the NZIA, Tokio Marine will be actively involved in the development of international standards for the insurance industry to achieve the goal of decarbonisation and aims to develop a framework that takes into account the decarbonisation process according to each country's circumstances, including a positive assessment of carbon offsetting technologies and an emphasis on engagement to support companies in their decarbonisation efforts.

By joining the NZIA, Tokio Marine also becomes a member of the Glasgow Financial Alliance for Net Zero ("GFANZ"), which was established in April 2021 as a forum to promote the transition of financial institutions to net zero. The NZIA is a member of GFANZ and any insurer that joins the NZIA will also become a member of GFANZ.

2Tokio Marine & Nichido Fire Insurance's participation in PCAF

Tokio Marine & Nichido Fire Insurance Co., Ltd. (President: Shinichi Hirose, the "TMNF") announces that it is joining the Partnership for Carbon Accounting Financials ("PCAF"), an international initiative to develop methods for measuring and disclosing GHG emissions of financial investments ("Financed Emissions"). TMNF will also join the PCAF Japan coalition, which is leading the discussions in this area in Japan. Through this participation, TMNF aims to enhance its capabilities in measuring and analysing GHG emissions, and to promote dialogues with its business partners on decarbonisation.

PCAF has developed methodologies for measuring and disclosing GHG emissions in relation to listed equities and corporate bonds, commercial loans and unlisted equities, project finance, commercial real estate, residential mortgages, and motor vehicle loans. In addition, a joint working group has been established with NZIA in September 2021 to develop a methodology for measuring GHG emissions from insurance underwriting portfolios.

Through the synergy of TMHD's activities at NZIA and that of TMNF at PCAF, Tokio Marine Group will make further efforts to tackle climate change, together with its customers and society.

Disclaimer

Tokio Marine Holdings Inc. published this content on 19 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 January 2022 02:11:03 UTC.


© Publicnow 2022
All news about TOKIO MARINE HOLDINGS, INC.
05/23TOKIO MARINE : & Nichido Life "Disclosure of Market Consistent Embedded Value as at March ..
PU
05/23Nikkei 255 Gains 1% on Post-Pandemic Outlook
MT
05/23Japan's Nikkei climbs 1% to cross 27,000 mark
RE
05/22Japan's Nikkei tracks U.S. stock futures higher; growth woes limit gains
RE
05/22Tokio Marine Holdings Shares Jump After Fiscal-Year Net Profit More Than Doubled
DJ
05/20TRANSCRIPT : Tokio Marine Holdings, Inc., 2022 Earnings Call, May 20, 2022
CI
05/20TOKIO MARINE : FY2021 Results and FY2022 Projections (2.1MB)PDF
PU
05/20TOKIO MARINE : Announcement regarding the Partial Amendments to the Articles of Incorporat..
PU
05/20Tokio Marine Holdings, Inc. announces an Equity Buyback for 12,500,000 shares, represen..
CI
05/20Tokio Marine Holdings, Inc. authorizes a Buyback Plan.
CI
More news
Analyst Recommendations on TOKIO MARINE HOLDINGS, INC.
More recommendations
Financials
Sales 2022 5 586 B 43 729 M 43 729 M
Net income 2022 395 B 3 096 M 3 096 M
Net Debt 2022 836 B 6 547 M 6 547 M
P/E ratio 2022 12,3x
Yield 2022 3,40%
Capitalization 4 713 B 36 895 M 36 895 M
EV / Sales 2022 0,99x
EV / Sales 2023 0,97x
Nbr of Employees 43 257
Free-Float 93,0%
Chart TOKIO MARINE HOLDINGS, INC.
Duration : Period :
Tokio Marine Holdings, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TOKIO MARINE HOLDINGS, INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 14
Last Close Price 7 129,00 JPY
Average target price 7 468,57 JPY
Spread / Average Target 4,76%
EPS Revisions
Managers and Directors
Satoru Komiya President, Group CEO & Representative Director
Tsuyoshi Nagano Chairman
Susumu Harada Managing Executive Officer & Head-Group IT
Kenji Okada MD, Head-Compliance & Legal Affairs
Akio Mimura Independent Outside Director
Sector and Competitors