For
Sumi the rise to the top post took over 40 years. He joined Tokio Marine in
April 1970. Rising through the ranks in June 2000 he became Director and Chief
Representative in London, Overseas Division of Tokio Marine. Two years later he
became Managing Director of Tokio Marine.
By
June 2005 Sumi was appointed Senior Managing Director of Tokio Marine and
Nichido. In June 2007 he was both President and Chief Executive Officer of
Tokio Marine & Nichido and Tokio Marine Holdings. Six years later on June
2013 he was elected Chairman of the Board of Tokio Marine & Nichido as well
as Chairman of the Board of Tokio Marines Holdings. Tokio Marine Holdings, Inc. was founded in 2002 and headquartered in Tokyo, Japan. It is an insurance holding company, primarily engaged in life and non-life insurance business in Japan and internationally. Earnings for nine months ended December 31, 2012 consolidated ordinary income was JPY 3,167,354 million which was a marked improvement from JPY 2,693,878 million a year ago. The company itself Tokio Marine was actually established in 1879.
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