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General Agents For:
  • Tokio Marine & Nichido Fire Insurance Co., Ltd.
  • The Arab-Eastern Insurance Co., Ltd. (E.C.)
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    Visit Website: http://www.tokiomarine-nichido.co.jp

    We are proud to say that Tokio Marine & Nichido Fire Insurance Co., Ltd. ("Tokio Marine & Nichido")  has been certified and qualified as the best and the biggest insurance company of the world by some of the independent world class institutions/magazines for the year 1997 because its our outstanding performance world-wide in addition to its vast asset and premium base.  Tokio Marine & Nichido was established in august'1879 is the oldest and biggest insurance company in Japan, with capital of ¥101.9 billion(Yen). Hussein Aoueini is in agreement with them as their sole representative in the Kingdom of Saudi Arabia for the last 30 years.

     

    Tokio Marine & Nichido with over 17,402 employees' world-wide has firm base of human talent and financial resources.   It has 95 regional headquarters/ branches and 465 sub-branches in Japan covering every corner of domestic market.   It maintains an international presence through world-wide offices as well as representatives, liaison/underwriting agents, subsidiaries and affiliates.  The overseas network thus exists in over 79 cities in more than 42 countries and territories to cater to every need of its valued clients.

    Tokio Marine & Nichido's primary business mission will be to provide the highest quality products and services to its customers. As the core company of Millea Group, it will make optimal use of the resource of each group company and aim to earn the position as the "P&C insurance company of choice". Its main objectives are as follow:

    • Providing the highest quality products and services
    • Offering a sense of security backed by a strong credit profile and financial soundness
    • Implementation of group strategies including the full-scale integration of the life and P&C insurance businesses
    Key Data of the New Company
      Net premiums written   1.9042 trillion yen
    Total Assets 9.0771 trillion yen
    Number of employees 17,402
    Number of agents (net total) 69,335

    The Arab-Eastern Insurance Co., Ltd. (E.C.) was established   in 1980 and represented by Hussein Aoueini. Arab-Eastern is a joint venture between SHEIKH GHASSAN SHAKER of SHAKER GROUP and SHIEKH YOUSEF ABDUL LATIF JAMEEL  of JAMEEL GROUP and Tokio Marine & Nichido Fire Insurance Co., Ltd. Arab-Eastern was initially registered in Bermuda in 1980 and then transferred to Bahrain in October 1, 1987.

    The Arab-Eastern Insurance Company Limited E.C. (AEIC) operates its business in Saudi Arabia through Hussein Aoueini & Co., Ltd. (HAC), a Saudi Arabian agency.

    AEIC with majority Saudi shares in its US $ 3,000,000.00 fully paid-up capital is among one of the certified/qualified companies listed by the Royal Commission of Yanbu and Jubail.  It also provides secured insurance services to business in Saudi Arabia and participates in world-wide insurance operations under the management of TOKIO MARINE.    With firm support of TOKIO MARINE whose total assets as of March, 1999 amounted to more than US $ 17,689 million and which is closely connected to non-life insurance markets all over the world

     

    Behind every AEIC policy is the expertise, reputation and the soundest backing of TOKIO MARINE's on one hand and a team of true professionals with outstanding insurance experience of HAC on the other hand. The AEIC is expected to provide tailor-made policies to suit all the requirements of modern business

     

    Address:

    2nd Floor, AFS Tower Building 155, Road 2004,
    (P.O. Box 10264), Manama 320

    Phone : +973 310555
    Fax : +973 294222