In anticipation of Brexit, a new insurance company Tokio Marine Europe S.A. (TME) was set up in Luxembourg,  following regulatory approval from the Commissariat aux Assurances (CAA) and the Japanese Financial Services Authority (JFSA).
The establishment of Tokio Marine Europe S.A. (TME) in Luxembourg, following approval from the Commissariat aux Assurances (CAA) and the Japanese Financial Services Authority (JFSA), was a response to Brexit.