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Insurance

Tokio Marine to sell terrorism insurance ahead of Tokyo Olympics

Demand seen rising as Japanese business globalizes

Tokio Marine & Nichido Fire Insurance will charge 25 million yen or more annually for coverage against damage from terrorism and political violence.   © Kyodo

TOKYO -- Tokio Marine & Nichido Fire Insurance will sell insurance policies starting in March that will cover damage to facilities resulting from terrorism and violent demonstrations, the first such product in Japan.

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