Tokio Marine Malayan Insurance Co., Inc. then called Pan-Malayan Insurance Corporation, was founded on 27 March 1964, when three leading insurance companies from Japan, United States and the Philippines forged an agreement in answer to the Philippine Government's call to encourage foreign capital investment to enter the country.

The three insurance companies were Tokio Marine & Fire Insurance Co., Ltd., the biggest non-life insurance company in Japan; CNA Insurance (formerly Continental Insurance Company) from the United States and Malayan Insurance Co., Inc., the leading non-life insurance company in the Philippines.

Pan-Malayan started with an authorized capitalization of P 2,500,000.00. Its first years of operation under the management of Malayan Insurance Co., Inc. involved the establishment of direct contacts with Japanese trading firms operating in the Philippines with the assistance of officials assigned to the country by Tokio Marine.

In 1978, Pan-Malayan spun off from Malayan Insurance and became autonomous. Organizing its own staff and bringing into its system, high-caliber personalities in the insurance and management fields, Pan-Malayan was able to steadily increase its volume and double its initial capitalization at the end of its tenth year of operation. In 1997, it had a paid-up capital of P 100,000,000.

On December 31, 1996, Tokio Marine & Fire Insurance Co. Ltd acquired the equity of CNA Insurance of the United States. The acquisition resulted to the renaming of Pan-Malayan Insurance Corporation to Tokio Marine Insurance Co., Inc. (TMMICO).

The Company has had prominent and distinguished insurance executive among its leaders namely, Ambassador Alfonso T. Yuchengco, Chairman of the Board and simultaneously the President from 1968 to 1973. Ambassador Yuchengco was succeeded as Chairman of the Board by Augusto Barcelon, a prominent businessman and civic leader. In 1973, Chester Babst, one of the country's top bankers, took over the helm as Chairman. After the demise of Mr. Babst in 1991, Mrs. Helen Y. Dee took over the position until 1995. Ms. Yvonne S. Yuchengco assumed the Chairmanship on August 7, 1995.

Mr. Shin-Ichiro Adachi (Japanese) was president in 1978 and he was succeeded by Sotero Balmaceda (Filipino) in 1981, followed by Mr. Antonio B. Lapid in 1988. The incumbent president of Tokio Marine Malayan is Atty. Alma P. Peñalosa.

For more than three decades, TMMICO has made substantial contributions to the economic growth of the country and has firmly established itself as a major player in the non-life insurance industry.

From the very successful, symbiotic partnership of Japanese and Filipino companies, Tokio Marine Malayan Insurance Co., Inc. today stands as one of the very progressive insurance companies in the country. The company is proud of being an affiliate of Tokio Marine & Fire Insurance Co., Ltd. the biggest non-life insurance company in Japan, and of the Malayan Group of Insurance Companies, the number 1 and the largest non-life insurance group in the Philippines.