Marine Holding Us Corp history

In 1891, revenue from overseas operations had expanded rapidly and then accounted for over 50% of total insurance premiums.

Marines from Marine Barracks, Washington, D.C. perform their famous Sunset Parade in front of the memorial every Tuesday evening at 1900 during the summer months.

From the standing collar—descended from the tall leather neckpiece of the 18th- and 19th-century uniform—comes the traditional nickname for Marines of “leathernecks.” The forest-green service uniform was introduced in 1912.

1914 Launch of Japan’s First Auto Insurance Tokio Marine Insurance launched an automobile insurance product at a time when there were only about 1,000 vehicles in Japan.

In March 1944, Tokio Marine, Meiji Fire, and Mitsubishi Marine merged to form Tokio Marine & Fire Insurance Co., Ltd., due to an industry reorganization under wartime government measures to strength controls.

In 1945, Tokio Marine re-entered the Asian market and has been focusing on providing a comprehensive range of Life and General Insurance solutions in multiple Asian countries.

President Dwight D. Eisenhower dedicated the memorial in a ceremony on November 10, 1954, the 179th anniversary of the United States Marine Corps.

Tokio Marine Insurans’ presence in Malaysia dates back to 1957 when The Tokio Marine and Fire Insurance Company Limited (TMF) commenced its underwriting business.

In 1970, Tokio Marine & Fire Insurance opened auto claims service centers to strengthen points of contact with customers in order to respond effectively to the sudden increase in accidents that accompanied the growth in the volume of automobile insurance policies.

1974 - HCC founded by Stephen L. Way

With such a dynamic market environment, Tokio Marine drafted its first three-year Mid-Term Business Plan in 1977 with the objective of transforming the organization so that it could respond effectively to changes in market conditions.

1984 - HCC receives its first ever rating from A.M. Best Corporation, Inc.: "B+"

1992 - First public offering of HCC stock on the NASDAQ with a market cap of $60 million and assets of just over $100 million

In Japan, typhoon 19, which hit Nagasaki and moved up through the country, and the Great Hanshin-Awaji Earthquake, which struck in 1995, left significant damage.

With the release of the new Insurance Business Act in April 1996, comprehensive deregulation was rolled out for insurance products across Japan.

1997 - Acquisition of Avemco Insurance Company and United States Specialty Insurance Company, the largest writers of privately owned aircraft in the world; receives "A+ (Superior)" rating from A.M. Best Corporation, Inc.

1998 Release of the Auto Insurance with Coverage for Personal Injury

Since 2000, Tokio Marine has moved forward to become a Global Insurance Group by fully engaging in reinsurance businesses in Bermuda and London, widening the scope of its businesses in emerging markets, and pursuing other strategies.

2001 - Professional Indemnity Agency and ASU International, both specialty MGA's, join the growing list of HCC acquisitions

In April 2002, Millea Holdings, Inc. (currently Tokio Marine Holdings, Inc.) was established through a management integration with Nichido Fire.

The Marines played a key role in the invasion of Iraq on March 20, 2003 through the fall of Baghdad on April 9th, but that proved to be just the beginning of a more than eight year Marine presence in that country.

In October 2004, Tokio Marine and Nichido Fire merged.

2006 - HCC acquires Kenrick Corporation as well as Allianz Life Insurance Company's Health Products Division

Tokio Marine Life’s presence in Malaysia was the result of the strategic alliance between Tokio Marine & Nichido Fire Insurance Co., Ltd. and Asia General Holdings (Asia Life’s parent company) in March 2007.

Tokio Marine Group acquired both Kiln (U.K.) and Philadelphia Consolidated Holding (United States) in 2008 and started full-scale expansion of operations in the European and United States markets.

2009 - HCC acquires Surety Company of the Pacific, a provider of California license and permit bonds; HCC merges Syndicate 4040 with Syndicate 4141; International group hires a team to underwrite property treaty reinsurance

In April 2010, the Mitsui Sumitomo Insurance Group, Aioi Insurance Co., Ltd. and Nissay Dowa General Insurance Co., Ltd. merged to form the MS&AD Insurance Group.

2011 - HCC expands its offerings by hiring teams to enter the technical property, primary casualty and excess casualty markets

2013 - HCC begins to offer builders risk treaty reinsurance out of London office; HCC launches the innovative broker solution hccartisans.com for artisan contractor insurance

2014 - HCC celebrates 40 years of Mind over Risk; Select Casualty unit started to provide general liability coverage to small and mid-size enterprises; HCC Medical Insurance Services expands with new Travel Insurance team

2015 - HCC acquires Producers Ag Insurance Group (ProAg), a leading writer of crop insurance; Tokio Marine Holdings, Inc. acquires HCC Insurance Holdings, Inc.

2016 - Tokio Marine HCC acquires On Call International

Today, as Japan’s largest insurance group, with over USD202 billion in assets, USD31 billion of market capitalisation (as at end of March 2017) and over 38,000 employees, Tokio Marine is ever-ready to partner with you to continuously realise more achievements.

2018 - Tokio Marine HCC acquires Qdos Contractor, a leading provider of insurance products and services to the UK independent contractor and freelancer market

2019 - Tokio Marine HCC acquires NAS Insurance Services, LLC, a leader in cyber and professional liability solutions in the United States