Tokio Marine's profit surges in Brazil

Posted On: Mar. 4, 2019 5:01 AM CST

Brazil-based insurer Tokio Marine Seguradora S.A.'s net income surged more than 115% year over year to 331 million Brazilian real ($88 million) in 2018, Segs.com reported. Premiums grew nearly 8% to BRL 5 billion.