Tokio Marine & Nichido Fire Insurance controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2023
Industry scrutiny over commercial insurance practices
Japan's non-life insurance sector came under regulatory and public scrutiny over alleged coordination and governance problems in large-corporate insurance arrangements, including concerns involving premium-setting practices and relationships among insurers and intermediaries. The subject company was part of the affected industry context; company-specific findings should be distinguished from allegations involving other insurers or intermediaries.
2008
Claims, benefits, and premium overcharge scandal
The company was found to have failed to pay insurance claims in more than 1,000 cases, failed to provide benefits on approximately 85,000 insurance products, and overcharged policyholders on premiums. The president resigned and more than 170 executives received penalties. The referenced account describes the affected amount as exceeding 7 billion yen.