Tokio Marine to acquire agriculture risk management company CIH

Core Insights - Tokio Marine has agreed to acquire Commodity & Ingredient Hedging (CIH) for $970 million, enhancing its risk management solutions in the agricultural sector [1][4] - CIH provides integrated risk management services, including consulting, brokerage, and insurance, through a proprietary technology platform [1][2] - The acquisition is expected to close in the first quarter of 2026, pending regulatory approval [4] Company Overview - CIH is based in Chicago and specializes in risk management for clients in agriculture and commodity sectors [1] - The company combines advisory and execution functions, allowing clients to manage commodity price exposure effectively [2][3] - CIH's technology platform offers a unified method for clients to monitor, analyze, and manage risk [3] Strategic Implications - The acquisition will enhance Tokio Marine's specialty offerings in the US agricultural sector and broaden its non-insurance risk solutions capabilities [4] - Tokio Marine HCC's CEO highlighted the importance of CIH's agricultural expertise and innovative technology in managing price volatility [5] - This partnership aligns with Tokio Marine Group's long-term strategy to diversify and grow through fee-based services [5]