Tokio Marine targets EPS growth of 8% by 2026 in new plan

Its new mid-term plan aims to counter risks and boost control.

Tokio Marine Group unveiled its new mid-term plan which prioritises strengthening internal control/governance and optimising its business portfolio and capital management. 

The insurer eyes an earnings per share (EPS) growth of 8% or more. “ The overall EPS growth, including the impact of the accelerated sale of business-related equities, is projected at +16% or more,” it said.

Tokio Marine also indicated an adjusted net income growth target of 7% compound annual growth rate (CAGR) by 2026.

Its new mid-term plan builds upon previous successes in "global risk diversification" and "global integrated group management". 

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The company said in a media statement these strategies are pivotal in achieving its “Long-term Aspiration 2035", whilst maintaining industry-leading underwriting and investment income to support growth in EPS and ROE across all regions.

Evolving alongside societal challenges, it will also be "a partner that continuously provides innovative solutions to the issues/risks of our customers and society". 

This encompasses not only offering bespoke insurance products but also comprehensive "solutions" in "prevention, recovery, mitigation" and "well-being", ensuring sustained support. 

By integrating insurance and solutions, Tokio Marine aims to innovate and address challenges continuously.

Core strategies include: expanding domains of value delivery; diversifying distribution models, and; enhancing productivity.