Tokio Marine : Solvency margin ratio on a consolidated basis as of June 30, 2022 (82KB)PDF

September 12, 2022

Tokio Marine Holdings, Inc.

President: Satoru Komiya

TSE code number: 8766

Solvency margin ratio on a consolidated basis as of June 30, 2022

Solvency margin ratio on a consolidated basis (sufficiency of solvency of insurance holding company and its subsidiaries, etc. to fulfill payment obligations such as insurance claims) of Tokio Marine Holdings, Inc. as of June 30, 2022 is as follows.

					(Yen in millions)
				As of March 31, 2022	As of June 30, 2022
(A) Total amount of solvency margin		5,953,649	5,535,052
	Shareholders' equity less adjusting items		1,129,262	1,167,238
	Reserve for price fluctuation		138,331	140,240
	Contingency reserve			61,869	62,233
	Catastrophe loss reserve		1,145,489	1,150,970
	General allowance for doubtful accounts		3,411	3,574
	Unrealized gains (losses) on available-for-sale securities and deferred gains (losses)	2,313,740	1,793,516
	on hedge transactions before tax effect deductions
	Unrealized gains (losses) on land		273,658	276,078
	Total amount of unrecognized actuarial difference and unrecognized prior service costs	(20,759)	(20,295)
	before tax effect deductions
	Excess of premium reserve, etc.		294,676	292,666
	Subordinated debt, etc.			300,000	300,000
	Amounts within "Excess of premium reserve, etc." and "Subordinated debt, etc."	-	-
	not calculated into the margin
	Total margin of Small Amount and Short Term Insurers		628	628
	Deductions			159,990	159,990
	Others			473,330	528,189
(B) Total amount of risks	R₁²＋R₂² R₃ R₄ ² R₅ R₆ R₇² R₈ R	₉	1,439,272	1,409,615
	General insurance risk on non-life insurance contracts （Ｒ1）		411,122	412,212
	Life insurance risk （Ｒ2）		34,923	34,935
	Third sector insurance risk （Ｒ3）		51,776	51,840
	Insurance risk of Small Amount and Short Term Insurers （Ｒ4）		10	10
	Assumed interest rate risk （Ｒ5）		21,431	20,987
	Minimum guarantee risk on life insurance contracts （Ｒ6）		2,235	2,270
	Asset management risk （Ｒ7）		959,700	932,639
	Business administration risk （Ｒ8）		35,940	35,319
	Catastrophe risk on non-life insurance contracts （Ｒ9）		315,825	311,061
(C) Solvency margin ratio on a consolidated basis [(A)/{(B)×1/2}]×100		827.3%	785.3%

(Note) 1. "Solvency margin ratio on a consolidated basis" is calculated in accordance with Article 210-11-3 and 210-11-4 of the Ordinance for Enforcement of the Insurance Business Act and Public Notice No.23 issued by the Financial Services Agency in 2011. The ratio is one of the objective indicators used by the regulatory authority to supervise corporate groups headed by an insurance holding company. A ratio exceeding 200% indicates sufficient solvency to fulfill payment obligations such as insurance claims.

2. Solvency margin ratio as of June 30, 2022 is calculated partially based on data as of March 31, 2022.