Magazine date:
Jun 2023 
Tokio Marine Newa Insurance, the Taiwanese subsidiary of Tokio Marine Holdings, has completed a capital increase of 12 billion TWD (387 million USD).
The transaction was carried out by the company's two main shareholders, Yulon Motor and Tokio Marine & Nichido Fire Insurance.
This capital increase will allow the Taiwanese insurer to consolidate its financial health, which was severely affected by Covid-19 claims, and improve its risk-based capital (RBC) ratio.
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