Tokio Marine Nichido
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Tokio Marine Nichido
, commonly called Tokio Marine Nichido, is a property insurance, property/casualty insurance subsidiary of Tokio Marine Holdings, the largest non-mutual private insurance group in Japan. Tokio Marine Holdings was formerly known as Millea Group, which underwent a name change in July 2008. Its headquarters are in Marunouchi, Chiyoda, Tokyo, Chiyoda, Tokyo.Corporate Profile
" Tokio Marine Nichido. Retrieved on July 24, 2011. "Address of Head Office 2-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo" The company is one of the very few groups and individuals that still use the spelling Tokio for the city in the English language.


History


The Tokio Marine and Fire Insurance

The antecedent Tokyo Marine insurance is the first insurance company (as the marine insurance company) in Japan, and also the top ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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