Aioi Insurance names Kodama new president

Aioi Insurance names Kodama new president

TOKYO, Japan - Tadashi Kodama (L), senior managing director of Aioi Insurance Co., speaks at a news conference in Tokyo on Feb. 13 as President Akira Seshimo listens. Aioi said its board has decided to promote Kodama to president, effective April 1, when Seshimo will become chairman.

Aioi projects higher losses from reinsurance claims

Aioi projects higher losses from reinsurance claims

TOKYO, Japan - Akira Seshimo (R), president of Aioi Insurance Co., briefs reporters at a press conference in Tokyo on Feb. 12 about the company's potential loss from overseas reinsurance claims of its U.S. agent. Seshimo said the company will likely incur a loss of 126.1 billion yen on the reinsurance claims, including those stemming from the Sept. 11 terror attacks on the U.S.

Dai-Tokyo, Chiyoda insurance firms announce merger terms

Dai-Tokyo, Chiyoda insurance firms announce merger terms

TOKYO, Japan - Dai-Tokyo Fire & Marine Insurance Co. and Chiyoda Fire & Marine Insurance Co. on Sept. 8 announce the outline of the new firm to be set up as a result of their merger next April 1. The new company comprising Dai-Tokyo and Chiyoda, both midsize casualty and automobile insurance companies based in Tokyo, will be called Aioi Insurance Co. Photo, taken at the Tokyo Kaikan Building in Chiyoda Ward shows Dai-Tokyo President Akira Seshimo (R) and Chiyoda President Koji Fukuda displaying the new company's logo.

Aioi projects higher losses from reinsurance claims

Aioi projects higher losses from reinsurance claims

TOKYO, Japan - Akira Seshimo (R), president of Aioi Insurance Co., briefs reporters at a press conference in Tokyo on Feb. 12 about the company's potential loss from overseas reinsurance claims of its U.S. agent. Seshimo said the company will likely incur a loss of 126.1 billion yen on the reinsurance claims, including those stemming from the Sept. 11 terror attacks on the U.S.

Aioi Insurance names Kodama new president

Aioi Insurance names Kodama new president

TOKYO, Japan - Tadashi Kodama (L), senior managing director of Aioi Insurance Co., speaks at a news conference in Tokyo on Feb. 13 as President Akira Seshimo listens. Aioi said its board has decided to promote Kodama to president, effective April 1, when Seshimo will become chairman. (Kyodo)

Dai-Tokyo, Chiyoda insurance firms announce merger terms

Dai-Tokyo, Chiyoda insurance firms announce merger terms

TOKYO, Japan - Dai-Tokyo Fire & Marine Insurance Co. and Chiyoda Fire & Marine Insurance Co. on Sept. 8 announce the outline of the new firm to be set up as a result of their merger next April 1. The new company comprising Dai-Tokyo and Chiyoda, both midsize casualty and automobile insurance companies based in Tokyo, will be called Aioi Insurance Co. Photo, taken at the Tokyo Kaikan Building in Chiyoda Ward shows Dai-Tokyo President Akira Seshimo (R) and Chiyoda President Koji Fukuda displaying the new company's logo.

Chiyoda, Dai-Tokyo to merge in April 2001

Chiyoda, Dai-Tokyo to merge in April 2001

TOKYO, Japan - Akira Seshimo (L), president of Dai-Tokyo Fire & Marine Insurance Co., and Koji Fukuda, president of Chiyoda Fire & Marine Insurance Co., shake hands in Tokyo on March 1 after announcing their agreement to merge in April 2001. The merger between the two midsize Japanese casualty and property insurers comes before the government's plan to completely deregulate premiums in July.