TSE:8766Insurance
Tokio Marine Backs Igloo As Digital Push Meets Valuation Discount
Tokio Marine Holdings (TSE:8766) has invested in InsurTech firm Igloo to support the growth of digital insurance solutions in Southeast Asia.
The partnership is aimed at widening access to insurance products across the region, with particular focus on markets such as Indonesia.
The move reflects Tokio Marine's interest in expanding its digital distribution and presence in insurance markets that are experiencing rapid development.
Tokio Marine Holdings, trading at around ¥5,727.0, has...