Message from the President
Operating Environment
The business environment surrounding the insurance and reinsurance industries is changing rapidly and substantially every day. The risks they face are becoming increasingly diverse and complex, with the advancement and spread of digital technologies, the intensifying severity of natural disasters resulting from global warming, changing demographics in the form of a falling birthrate and aging population, and increasing geopolitical risks such as Russia’s invasion of Ukraine. Furthermore, the experience of the COVID-19 pandemic has transformed the global economy and the way people live and work. Amid these dramatic changes in all aspects of society, the role demanded of insurance and reinsurance is also undergoing a significant transformation.
Strategic Vision for Future Growth of the Toa Re Group “KIZUNA 2026”
The name “KIZUNA 2026” is intended to enhance mutual trust and deepen the “bond” between all officers and employees of Toa Re Group, thereby further improving the group's ability to respond to issues, and thereby strengthening the “connection” with customers and various other stakeholders, with the aim of achieving sustainable growth together.
In addition, “KIZUNA 2026” sets “Promotion of climate change countermeasures,” “Respect for human rights and promotion of D&I,” and “Strengthening of internal control” as the three main tasks, with the aim of realizing a sustainable society and further enhancing the group's corporate value.
Everyone at the Toa Re Group will do their utmost to ensure that the group consistently fulfills its mission as a reinsurance company, “Providing Peace of Mind,” as articulated in the Toa Re Mission Statement. We look forward to your ongoing support going forward.
President and Chief Executive