When it comes to MA, Tokio Marine has stuck to a strict philosophy don’t buy companies that could embarrass or damage the company down the road.
“We start off with what is the business fit and cultural fit many of our competitors look at the numbers first,” says Ian Brimecome, senior managing executive officer at Tokio Tokio Marine Holdings, Japan’s largest property casualty insurer by revenue.
Brimecome, the most senior foreigner in Japan's insurance industry, has seen what can happen when his company's peers rush into the wrong deals bankruptcies.
To ascertain whether the fit is right, Tokio Marine...
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