Tokio Marine Holdings’ H1 2025 profit bags

Net premiums written for the first half reached $17.19b.

Tokio Marine Holdings’ six months to September (H1 2025) net income attributable to owners of the parent marginally dipped by 0.2% year-on-year (YoY) to $4.40b (¥686.84b).

Ordinary income during the period minimally increased by 0.6% YoY to $27.78b (¥4.34t), but was offset by the 6.1% contraction seen in ordinary profit, resulting in $5.63b (¥880.28b).

Net premiums written for the first half reached $17.19b (¥2,685.8b), slightly lower than $17.27b (¥2,697.9b) a year earlier.

The international P&C business posted $8.11b (¥1,267.1b) in net written premiums. 

Although this was below last year’s $8.47b (¥1,324.3b), the company said the business recorded 5% year-on-year growth when excluding currency effects, reflecting consistent underwriting across regions.

In Japan, the P&C segment reported $9.08b (¥1,419.1b) in net written premiums, up from $8.80b (¥1,373.8b) in the previous year.

The increase was driven by rate and product revisions in automobile and fire insurance.

With the steady performance, Tokio Marine raised its full-year FY 2025 adjusted net income forecast by $64m (¥10b) to reflect stronger-than-expected earnings.

($1.00 = ¥157.43)