Japan's Tokio Marine plans Saudi listingTokio 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 More… |
Alinma Bank, Tokio Marine plan insurance firmSaudi'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 More… |
Tokio Marine joins DIFCSingapore-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 More… |