Tokio Marine to set up new EU base in Luxembourg
Posted On: Sep. 7, 2017 4:00 AM CSTJapan-based insurer Tokio Marine Holdings Inc. plans to set up a company in Luxembourg for a new base in the European Union post Brexit, Luxemberger Wort reported. Tokio Marine has applied for an insurance license to continue offering insurance products and services to clients should it lose its current passporting rights which allow it to sell insurance across the E.U.