Tokio Marine Holdings, Inc.

Asian Activities Report for December 23, 2011 includes: Xinjiang Goldwind Science & Technology Co., Ltd. (SHE:002202) (HKG:2208) has signed an agreement with China Three Gorges Corporation to provide 33 units of wind turbines for Three Gorges's wind power project in Pakistan; New Times Energy Corporation Limited (HKG:0166) has signed a letter of intent in relation to a possible acquisition of further 9.25% interest in two oil and gas exploration concessions in Argentina; Tokio Marine Holdings, Inc. (TYO:8766) will acquire 100% of the outstanding shares of Delphi Financial Group, Inc. (NYSE:DFG) for US$2,664 million; Takeda Pharmaceutical Company Limited (TYO:4502) has decided to integrate two wholly-owned subsidiaries in the U.S., Takeda San Diego, Inc. and Takeda San Francisco, Inc. on January 1, 2012, to form a new company Takeda California, Inc..

Asian shares are set for a weak start on Monday after US markets fell on lower commodities prices and Greek debt concerns. Japanese market today is closed for Vernal Equinox Day. Most Asian markets gained on Friday. Japan's Nikkei index rose 0.8 per cent while weakness in yen boosted exporters. China's Shanghai Composite was also higher, with Alunimium Corp of China surged 10 per cent on Friday. Hong Kong's Hang Seng Index was up 0.2 per cent and South Korea's Kospi climbed 0.7 per cent.

Asian share markets mostly fell on Friday as investors' sentiment turned soured after the Wall Street losses overnight. Tokyo stocks fell sharply with the key Nikkei index hitting a fresh four-month intraday low under 9,500. Yen remained strong despite many key currencies were lower against US dollar.

Most Asian markets declined on Monday. Japan's Nikkei average tumbled 1.2% to a 26-year low, while Hong Kong's Hang Seng Index slumped 4.8%, the sharpest fall in the major indexes in Asia. China's Shanghai Composite was down 3.4%. But South Korea's Kospi ended 1.6% higher lifted by technology and shipbuilding sectors.