Singapore: Tokio Marine Life launches new financial advisory subsidiary

| 15 Jul 2024

Tokio Marine Life Insurance Singapore Ltd (TMLS) has launched a financial advisory subsidiary, Tokio Marine Financial Advisers (Singapore) Private Limited (TMFAS), through which it plans to deliver a comprehensive range of financial planning and wealth management services to its clients.

Through this new subsidiary, TMLS hopes to enhance its service offerings, providing a more cohesive and integrated approach to financial services. TMFAS is licensed and regulated by the Monetary Authority of Singapore and will focus on building strong client relationships and delivering customised financial solutions for insurance, wealth creation, and retirement planning. Clients now have access to a broader array of financial planning and wealth management options, supported by the credibility of a well-established insurer.

TMLS deputy CEO Jun Tokura said that the newly established subsidiary combines the best that TMLS and its partners have to offer. “We are grateful for our dedicated advisors, who continue to deliver a high quality of service following the transition. TMLS also extends our heartfelt gratitude to our clients for their trust and support,” he said.

TMLS is part of the Tokio Marine Holdings, Inc, which was established as Japan’s first insurance company over 140 years ago.