Tokio Marine subsidiary’s latest accounts show staff head count up 7%
Tokio Marine Europe Ltd increased its turnover in 2011 to £14.5m, compared to £11.7m in 2010, according to latest accounts filed at Companies House.
Operating profit rose to £694,177 from £118, 622. That coincided with an improvement in operating margins to 5% from 1%.
The accounts said: “Turnover has increased 23.7% on 2010 as a direct result of an increase in administrative expenses of 23.3% on 2010. This is mainly due to the office move and the increased head count of 7% on 2010.”
The company is a subsidiary of Tokio Marine Insurance Europe Ltd.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
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