Green energy: Tokio Marine launches unified platform for green transition insurance
Source: Middle East Insurance Review | Oct 2025
Tokio Marine GX (TMGX) has been launched as a fully operational underwriting business, marking a significant milestone in providing the market’s most comprehensive suite of specialist insurance and risk management solutions for businesses embarking on their decarbonisation journey.
TMGX, whose establishment was announced by Tokio Marine Holdings in May 2025, is a unified platform for green transition insurance, enabling businesses across different industries to access specialised coverage and innovative solutions that drive and accelerate the transition to a sustainable, low-carbon economy. The approach consolidates expertise from throughout the Tokio Marine Group into a single point of contact for clients.
TMGX’s initial product range covers eighteen distinct areas of green transition risk:
- Onshore Wind
- Offshore Wind
- Solar Power
- Hydropower
- Small Modular Nuclear Reactors
- Battery Energy Storage Systems
- Decommissioning
- Interconnectors
- Carbon Capture
- Carbon Credits
- Surety for green projects
- Credit Risks
- Tax Credits
- Aquaculture
- Green Vessels
- Project Cargo
- General Liability
- Hydrogen
The launch of the product range followed months of intensive market engagement since TMGX was created in May. The product breadth reflects the expertise TMGX brings together from across the Tokio Marine Group, leveraging decades of specialised knowledge to deliver sustainable capacity throughout the green transition.
TMGX offers up to $500m capacity on any single risk and is committed to serving as a prominent lead underwriter. The company expects to expand its product offering as market demands evolve and new green technologies emerge.
Tokio Marine Holdings has said that the group is seeing significant global capital investments directed at carbon neutrality and the transition to a decarbonised society: a trend it expects would accelerate, including in green transformation-related insurance. By deploying TMGX, the group aims to establish itself as the leading player in green transformation. M