Kyoei to join Millea insurers group

TOKYO, Japan - (From L to R) Asahi Mutual Life Insurance Co. President Yuzuru Fujita, Kyoei Mutual Fire & Marine Insurance Co. President Wataru Ozawa, Tokio Marine & Fire Insurance Co. President Kokei Higuchi and Nichido Fire & Marine Insurance Co. President Takashi Aihara join hands at a news conference in Tokyo on March 22. They announced Kyoei will join the Millea Insurance Group to be set up by the three other firms under a joint holding company by the end of 2004.

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