Tokio Marine Holdings Teams Up With Berkshire Hathaway

The latest partnership news from TMK for you;

Tokio Marine Holdings, Inc. (President and Group CEO: Masahiro Koike, hereinafter “TMHD”) is pleased to announce that we have decided to enter into a comprehensive strategic partnership (the “Strategic Partnership”) with National Indemnity Company (“NICO”), the group’s core reinsurance entity wholly owned by Berkshire Hathaway Inc. (“Berkshire Hathaway”), one of the most successful global investment and insurance franchises.

This Strategic Partnership is based upon Strategic Equity Investment in TMHD, Collaboration in Reinsurance, and Strategic Collaboration in M&A with NICO. Berkshire Hathaway enjoys a distinguished long-term investment track record. We recognize that, over the decades, Berkshire Hathaway has consistently delivered shareholder value that has significantly outperformed the broader market, earning global recognition for its disciplined investment approach and long-term-oriented management philosophy.

Berkshire Hathaway’s corporate culture and values, including its federated management model, strong commitment to integrity, financial resilience, and disciplined capital management, closely align with those of our own. This Strategic Partnership combines NICO’s robust capital strength and deep underwriting expertise across insurance and reinsurance, with our globally diversified insurance platform, industry-leading underwriting capabilities, a strong capital base, and proven M&A execution built through disciplined strategic acquisitions over the years.

Building on the strengths of both organizations, we aim to significantly enhance the 1 quality and scale of value delivered to customers, while driving long-term value for both companies. Importantly, this is not merely a business alliance. We believe that it establishes a longterm strategic relationship anchored by an equity stake that will serve as a powerful catalyst for the medium- to long-term growth of both companies.

TMHD Masahiro Koike, Group CEO of TMHD said,

“We are delighted to establish a strategic partnership with Berkshire Hathaway, one of the world’s leading investors, whose corporate culture and values closely align with ours. This Strategic Partnership represents a major step forward in advancing our insurance business and delivering sustainable value creation by combining the strengths of both organizations. Through disciplined management, we remain fully committed to enhancing corporate value over the long term.”