Tokio Marine HCC Brexit Information
In September 2017 Tokio Marine Group announced the regulatory approval process had begun to establish an insurance company in Luxembourg. Regulatory approval was then granted by the Luxembourg regulator, the Commissariat aux Assurances (CAA) and the Japanese Financial Services Authority in May 2018. The company will ensure that Tokio Marine Group will be able to continue servicing its clients in the European Economic Area (EEA) and offer a smooth transition of business as of 1 January 2019. The new operation, Tokio Marine Europe S.A.(TME) will have several branches across the European Union (EU) and will principally operate as a HCC International Insurance Company Plc (HCCI) subsidiary in partnership with Tokio Marine Kiln (TMK).
