The business will offer a range of products and services to address risks linked to green initiatives from financial products, such as credit and surety, to bespoke policies for renewables, nuclear and hydrogen risks.
Tokio Marine Holdings, Inc. today announced the launch of Tokio Marine GX (TMGX), a new underwriting business dedicated to providing specialist insurance and risk management solutions to businesses looking to decarbonize their operations and unlock new green opportunities.
Founded upon GCube’s decades of experience in renewable energy underwriting, Tokio Marine & Nichido Fire’s market-leading offshore marine offering, and with expertise drawn from across Tokio Marine’s global operations, TMGX will provide products and services for clients committed to more sustainable practices.
TMGX will offer up to $500 million on any single risk and is committed to becoming a prominent lead underwriter, applying decades of knowledge to ensure profitable and sustainable capacity through the green transition.
Tokio Marine Group is one of the world’s largest global insurance and risk players with a market capitalization of approx. $74 billion as of March 31, 2025, a network encompassing Japan and 46 countries and regions worldwide, and over 43,000 employees.
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Describe more in press release https://tinyurl.com/9468hden
