Tokio Marine Insurance Singapore to remain central to Asia operations: S&P

The ratings agency says business growth should continue alongside underwriting discipline.

S&P Global Ratings expects Tokio Marine Insurance Singapore Ltd. (TMIS) to maintain a sound market position and stable earnings through 2026. 

The agency said it anticipates the insurer will continue to grow its business whilst maintaining underwriting discipline. 

Its intergroup reinsurance arrangements and disciplined investment strategy are expected to support solid capitalisation over the forecast period.

TMIS is considered important to Tokio Marine’s Asia expansion strategy and is therefore expected to receive strong support from its parent. 

Looking ahead, S&P expects TMIS to remain central to the group’s Asia-Pacific operations over the next two years.

The Singapore-based insurer provides property and casualty insurance to domestic customers, supports multinational corporate clients within the group, and helps facilitate risk and capital management across group companies.