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TOKIO MARINE OBTAINS ISLAMIC INSURANCE LICENSE IN MALAYSIA.
TOKYO, Feb 1 Asia Pulse - Tokio Marine & Nichido Fire Insurance Co. said Tuesday that it has obtained a license to operate Takaful, the Islamic insurance system, in Malaysia.
Because selling insurance to Muslims is banned, the Millea Holdings Inc. (TSE:8766) unit's Malaysian operations have been limited to marketing policies mainly to Japanese companies operating there.
Tokio Marine plans to establish a joint venture with major local banking group Hong Leong Group later this year to sell Takaful products similar to life and casualty ...
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...Holdings, Inc - SWOT Analysis Millea Holdings, Inc - SWOT Analysis company...revenue lines and strategy. Tokio Marine Holdings (previously Millea Holdings) is a joint-stock corporation...the holding company of Tokio Marine & Nichido. The group...
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- Newspaper article from: Kyodo News International (Tokyo, Japan) March 7, 2005 700+ words
...TOKYO -- Millea Holdings Inc. Chairman...chairmanship of its unit Tokio Marine & Nichido...merger between Tokio Marine & Fire Insurance...its merger with Tokio Marine & Fire Insurance. Millea Holdings was created in...
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...the sources said. Millea Holdings, which has Japan's biggest nonlife insurer Tokio Marine & Nichido Fire...with Nisshin Fire. Millea Holdings, which is not planning to arrange for Tokio Marine and Nisshin Fire to...
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- Press release article from: PR Newswire December 9, 2003 700+ words
Millea Holdings Inc. of Tokyo, Japan...Wednesday, December 17, 2003. Millea Holdings Inc. will replace F.N.B. Corporation . Millea Holdings Inc. is the holding company for Tokio Marine and Nichido Fire. Through...
- Millea Holdings Insurers' Combined Net Profit Rises 6.7 Percent in FY 2003.
- Newspaper article from: Kyodo News International (Tokyo, Japan) May 21, 2004 700+ words
...TOKYO -- Millea Holdings Inc. said Friday...to March 31. Millea Holdings, created in...company for Tokio Marine & Fire...on Oct. 1. Millea Holdings also reported...earnings results. Tokio Marine posted a parent...
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- Newspaper article from: Knight Ridder/Tribune Business News May 19, 2003 700+ words
...TOKYO--Tokio Marine & Fire...insurers of Millea Holdings Inc., said...ended March 31. Tokio Marine reported in...and launched Millea Holdings. For the current...March 2004, Tokio Marine forecasts a...
- Millea Holdings' nonlife insurer sees 16.8% fall in net profit.
- Newspaper article from: Kyodo News International (Tokyo, Japan) May 23, 2005 700+ words
...TOKYO -- Millea Holdings Inc. said Monday...insurance unit, Tokio Marine & Nichido...to March 31. Millea Holdings said the pretax...5 percent, Millea Holdings was created...holding firm for Tokio Marine & Fire...
Source: HighBeam Research, TOKIO MARINE OBTAINS ISLAMIC INSURANCE LICENSE IN MALAYSIA.