Tokio Marine forms new entity for disaster prevention and mitigation solutions

Tokio Marine Resilience will collaborate with Tokio Marine dR for core data functions and risk consulting services.

Tokio Marine Holdings has announced the establishment of Tokio Marine Resilience Co., Ltd., a wholly-owned subsidiary dedicated to disaster prevention and mitigation. 

With a focus on all stages of the prevention and mitigation value chain, including assessment, preparedness, evacuation, and recovery/reconstruction, Tokio Marine Resilience aims to contribute to building a society resilient against natural disasters.

The move comes in response to the increasing global significance of natural disaster preparedness, driven by climate change-induced extreme weather events. 

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The Tokio Marine Group views disaster prevention and mitigation as a critical social issue and has engaged in initiatives such as collaboration agreements with institutions like the National Research Institute for Earth Science and Disaster Resilience and the launch of the Disaster Prevention Consortium (CORE), comprising over 100 member companies.

Leveraging data and expertise accumulated by Tokio Marine & Nichido Fire Insurance, the subsidiary will collaborate with Tokio Marine dR for core data functions and risk consulting services. 

Partnerships with I-Resilience, AlgoNaut, and external entities will enable the integration of insurance and risk solutions more flexibly.