Tokio Marine international profit Q1 up 22% to 68.9bn yen
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Tokio Marine international profit Q1 up 22% to 68.9bn yen

Tokio Marine London.jpg

Tokio Marine’s international non-life segment reported profit for the fiscal first quarter of 68.9bn yen ($5.2bn), a 21.9% increase on the prior-year quarter, although its European division reported a small loss as it reserved 4bn yen for Ukraine.

The company said the international segment showed strong underlying trends in underwriting and investment, as the profits of its main international entities exceeded plans, aided by fewer natural disasters and a profit increase due to the cheaper yen.

The

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