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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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Tokio, Nichido, Asahi holding firm to be named 'Millea'

TOKYO, Japan - (From L TO R) Yuzuru Fujita, president of Asahi Mutual Life Insurance Co., Kokei Higuchi, president of Tokio Marine & Fire Insurance Co., and Takashi Aihara, president of Nichido Fire & Marine Insurance Co., shake hands at a news conference in Tokyo on Jan. 11. They announced an agreement to form a holding firm to be named Millea Insurance Group, an appellation associated with the new millennium.

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NCB begins operations under new owners

TOKYO, Japan - Nippon Credit Bank (NCB) opens Sept. 4 for its first official day of business under the ownership of a consortium led by Internet investor Softbank Corp., following 21 months of state control that ended Sept. 1. The new management is expected to adopt a plan to rename the institution Aozora Bank in January 2001. Aozora means ''blue sky'' in Japanese. Photo shows new NCB executives (from L to R) of Kokei Higuchi, president of Tokio Marine & Fire Insurance Co., Masayoshi Son, president of Softbank Corp., Tadayo Homma, a former executive director of the Bank of Japan, who is expected to become president of the new bank, and Yoshihiko Miyauchi, chairman of Orix Corp.

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4 Mitsubishi firms to form alliance

(From L to R) Kokei Higuchi, president of Tokio Marine and Fire Insurance Co., Satoru Kishi, president of the Bank of Tokyo-Mitsubishi, Toyoshi Nakano, president of Mitsubishi Trust and Banking Corp., and Minoru Mochida, president of Meiji Life Insurance Co., shake hands at a news conference Friday Sept. 11 after announcing an agreement to form a financial service alliance.

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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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Tokio, Nichido, Asahi holding firm to be named 'Millea'

TOKYO, Japan - (From L TO R) Yuzuru Fujita, president of Asahi Mutual Life Insurance Co., Kokei Higuchi, president of Tokio Marine & Fire Insurance Co., and Takashi Aihara, president of Nichido Fire & Marine Insurance Co., shake hands at a news conference in Tokyo on Jan. 11. They announced an agreement to form a holding firm to be named Millea Insurance Group, an appellation associated with the new millennium.

E

NCB begins operations under new owners

TOKYO, Japan - Nippon Credit Bank (NCB) opens Sept. 4 for its first official day of business under the ownership of a consortium led by Internet investor Softbank Corp., following 21 months of state control that ended Sept. 1. The new management is expected to adopt a plan to rename the institution Aozora Bank in January 2001. Aozora means ''blue sky'' in Japanese. Photo shows new NCB executives (from L to R) of Kokei Higuchi, president of Tokio Marine & Fire Insurance Co., Masayoshi Son, president of Softbank Corp., Tadayo Homma, a former executive director of the Bank of Japan, who is expected to become president of the new bank, and Yoshihiko Miyauchi, chairman of Orix Corp.

E

4 Mitsubishi firms to form allia

(From L to R) Kokei Higuchi, president of Tokio Marine and Fire Insurance Co., Satoru Kishi, president of the Bank of Tokyo-Mitsubishi, Toyoshi Nakano, president of Mitsubishi Trust and Banking Corp., and Minoru Mochida, president of Meiji Life Insurance Co., shake hands at a news conference Friday Sept. 11 after announcing an agreement to form a financial service alliance.