Tokio Marine Holdings to Acquire Philadelphia Consolidated in $4.7 Billion Transaction
Parties:
>Tokio Marine Holdings, Inc., the ultimate holding company of the Tokio Marine Group. The Tokio Marine Group operates in the property and casualty insurance, reinsurance and life insurance sector globally with a presence in approximately 40 countries/areas. (http://www.tokiomarinehd.com/en/index.html)
>Philadelphia Consolidated designs, markets, and underwrites commercial property/casualty and professional liability insurance products incorporating value added coverages and services for
select industries. (http://www.phly.com)
