Tokio Marine Holdings' subsidiary receives FSA business improvement order
Tokio Marine Holdings (TSE: 8766) announced today that its subsidiary, Tokio Marine & Nichido Fire Insurance, received a business improvement order from the FSA on March 24, 2025. The order stems from issues related to the leakage of personal and corporate information. Tokio Marine & Nichido has been instructed to improve its compliance structure, strengthen customer information management, and enhance risk management related to its business model. Tokio Marine Holdings expressed its regret for the incident and pledged to implement measures to prevent recurrence across the entire group. Tokio Marine will submit a business improvement plan to the FSA by May 30, 2025, and report on its progress quarterly.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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