Toa Re: financial results for FY ended March 2025

Japanese reinsurer Toa Re has released its financial results for the fiscal year ending March 2025.

The volume of acceptances stood at 299.4 billion JPY (1.998 billion USD), marking a slight increase of 1.07% compared to the previous fiscal year.

Net incurred losses declined by 6.75% to 214 billion JPY (1.43 billion USD).

Net profit showed a significant growth of 83.9%, reaching 28.5 billion JPY (190 million USD), compared to 15.5 billion JPY (102.4 million USD) a year earlier.