Monday 23 December 2024
 
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Tokio Marine

Japan's Tokio Marine plans Saudi listing

Tokio Marine Middle East, an Islamic insurer, has gotten regulatory approval to list up to 30 percent of its shares on the Saudi stock exchange, according to a statement on Monday. Saudi Arabia's Alinma bank, a major shareholder in To

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Alinma Bank, Tokio Marine plan insurance firm

Saudi's Alinma Bank and the Saudi arm of Tokio Marine have signed an agreement to set up an insurance firm with a capital of 200 million riyals ($53 million), the bank said. The new insurance company will be 28.75 percent owned by Alinma w

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Tokio Marine joins DIFC

Singapore-based takaful services insurance provider Tokio Marine Group has joined Dubai International Financial Centre (DIFC). The group will expand across the MENA region through its new company Tokio Marine Middle East Limited (TMME). R

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