TKOMY Tokio Marine Holdings Inc (PK)

39.12

-0.25 (-0.64%)

19 Jul 2024 - Closed

Delayed by 15 minutes

Name	Symbol	Market	Type
Tokio Marine Holdings Inc (PK)	USOTC:TKOMY	OTCMarkets	Depository Receipt

	Price Change	% Change	Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Traded	Last Trade
	-0.25	-0.64%	39.12	38.82	39.53	39.51	39.07	39.51	43,582	21:04:04

Tokio Marine: To Buy Extra First Insurance Company Of Hawaii Stake For $165 Million

11/08/2011 8:19am

Dow Jones News

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Tokio Marine Holdings Inc. (8766.TO) said Thursday it will acquire First Insurance Company of Hawaii for about $165 million (Y12.9 billion).

Japan's largest nonlife insurer, which already owns a 50% stake in the Hawaii-based insurer, will acquire all First Insurance Company of Hawaii shares from CNA's Financial Corporation's unit, the Continental Insurance Company, after getting approval from regulators in the U.S. and Japan.

Tokio Marine said it will use cash on hand to buy the stake.

-By Atsuko Fukase, Dow Jones Newswires; 813-6269-2792; atsuko.fukase@dowjones.com