Tokio Marine Insurance Group Singapore Extends Helping Hand to Ongoing Relief Efforts in Nepal

In the wake of the devastating earthquakes that struck Nepal in April 2015, Tokio Marine Insurance Group Singapore has raised S$60,000 in financial aid to support ongoing relief efforts in the nation. The funds comprise donations from employees, agents, as well as company contributions through initiatives such as dollar-for-dollar matching and special donations on every issued case in the month of May.

The amount, which will go towards the Singapore Red Cross’ (SRC) on-the-ground medical and relief aid efforts in Nepal, was raised through a united effort by the companies and agencies under Tokio Marine Insurance Group Singapore. These include Tokio Marine Asia (TMA), Tokio Marine Life Insurance Singapore (TMLS) and Tokio Marine Insurance Singapore (TMiS). The effort was also joined by Tokio Marine Claims Services Asia (TMCSA), an affiliate company under the Tokio Marine Group.

The move reflects Tokio Marine Insurance Group’s continuous pursuit of its shared vision as a Good Company, which emphasises the importance of looking beyond profit for the benefit of society.

Chief Executive Officer of TMA, Mr Arthur Lee, said, “Across Tokio Marine Insurance Group, we are committed to a single and shared vision of building a Good Company, which means looking beyond profit for the benefit of society, empowering our people and delivering on our commitments to society. This dedication is reflected in all our employees and agency members across our Singapore network, who have given their generous support in this fundraising effort. Tokio Marine Asia hopes that this donation, a token of our heartfelt sympathies, will be of some comfort to those affected by the Nepal earthquakes.”

Chief Executive Officer of TMLS, Mr Lance Tay, said, “This fundraising initiative has inspired engagement and passion in all our employees across Tokio Marine Insurance Group, empowering them to come together in a commendable spirit of selfless giving. At TMLS, we hope that these funds will go some way towards alleviating the challenges currently faced by the people of Nepal, and helping them rebuild their lives.”

CEO and Managing Director of TMiS, Mr AK Cher, said, “Beyond this initiative, TMiS will continue to work on building upon a foundation of trust and relationships, by delivering on our commitments to the needs of society. Our deepest condolences go out to the families and loved ones of the victims in the Nepal earthquakes, and we stand in solidarity with the nation during these trying times.”

The SRC has recently stepped up relief efforts in quake-hit Nepal with disbursement of relief items and emergency supplies, the provision of primary medical and emergency care, and the discussion of possible recovery projects. Tokio Marine Insurance Group Singapore will be donating all proceeds of the fundraising initiative to the SRC and these relief efforts.