Tokio Marine & Nichido Fire Insurance

He will be based in Singapore.

The fire struck the island of Hawaii on 8 August.

Lower investment returns amidst a low-interest rate environment pose a challenge to its profitability.

To validate capital efficiency improvement and risk diversification efforts, TMPI was put up for sale.

This suspected price-fixing practice is now under investigation.

The insurer is expected to maintain its strong capitalisation and market position.

It has maximized AI and satellite imaging for a better grasp of damage situations and quicker payment of insurance claims.