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Reprints
Tokio Marine & Nichido Fire Insurance Co. Ltd.'s Brazilian subsidiary reported 2.6 billion Brazilian reals ($1.1 billion) in net revenue from premiums in 2013, a 26.2% increase from the year prior.
Pre-tax net income increased to BRL 76.1 million from BRL 67.5 million in 2012, Segs.com.br reported. Meanwhile, claims payments for the year totaled BRL 1.35 billion.
1. Turkish airlines cancel flights to Iran and Iraq amid war concerns
3. Zurich Insurance to stop underwriting new oil and gas projects
4. Bermudan, European reinsurers to suffer major hit from bridge collapse
5. Tycoon gets death sentence for multi-billion-dollar fraud
6. Inflation drives 10% increase in sum insured for windstorms