Tokio Marine Management, Inc. history

Commenced sale of auto insurance in 1914

Behind this strategy was also the Company's competence developed to respond to changes in the business environment after merging in 1944 with Meiji Fire Insurance, a distinguished fire insurance provider.

Established in Australia in 1963.

Representative office in Melbourne opened in 1973

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+"

1985 December Established as Tokio Marine MC Asset Management Co., Ltd., with paid-in capital of JPY 200 million by the Tokio Marine Group and others

1987 February Registered as an investment advisory firm

1990 October Established a wholly owned subsidiary in London

1991 April Commenced management of pension fund assets

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 July Established a wholly owned subsidiary in Singapore

1999 December Japanese pension assets under management exceeded JPY 1 trillion

2000 June Established a wholly owned subsidiary in New York

2001 April Adopted a tri-divisional structure (Investment Division, Sales Planning Division and Administration Division)

2002 - Acquisition of MAG Global Financial Products, an MGA specializing in financial lines, including Directors & Officers and professional liability; HCC also expands into Professional Indemnity space in the UK with the acquisition of Dickson Manchester

2003 - HCC enters the United States surety business with the acquisition of American Contractors Indemnity Company

2004 - HCC acquires RA&MCO Insurance Services, an agency targeting Architects and Engineers insurance; HCC expands into surety and credit in Europe with the acquisition of De Monfort

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

2007 - HCC Specialty launches totaleventinsurance.com, an online insurance placement solution

2008 August Tokio Marine Asset Management International (Singapore subsidiary) received approval for their Shanghai Representative Office

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

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, LLC

2017 - Tokio Marine HCC acquires AIG's Medical Stop-Loss and Organ Transplant operations

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

Today, as Japan’s largest insurance group, with over JPY25,253 billion in assets, JPY3,474 billion of market capitalisation (as at end of March 2020) and over 40,000 employees, Tokio Marine is ever-ready to partner with you to continuously realise more achievements.