tokio marine life insurance singapore

the following is an important announcement from david beynon, ceo of tokio marine life insurance singapore:

Dear FA Partners,

I’m sure we have all been shocked and horrified by the horrendous catastrophe that occurred in Japan last Friday and the continued terrible events that unfolded over the weekend. I’m also sure that your sympathy and concern for the poor people of Japan will be as deep as mine.

I wanted to write to you, though, to offer some comments on the business implications of these terrible events.

As the largest Non-Life Insurer in Japan, Tokio Marine is, of course, gearing up for what is to be expected to be a very significant volume of claims there.

I need to reassure you, though, that this will have no effect whatsoever on Tokio Marine Life Insurance Singapore. The Tokio Marine Group are the majority shareholder of our company but we are totally independent of them, financially. We are in exactly the same very strong financial shape as we were before the tragic events of last Friday.

We are in constant contact with our friends and colleagues in Japan and as at this moment, thank goodness, we have no indication that any of them were harmed.

Please help to disseminate this information to your associates.

David Beynon
Chief Executive Officer
Tokio Marine Life Insurance Singapore