Brief: Tokyo Century Corp: U.S. Subsidiary Aviation Capital Group Entered Into Additional Agreements With Some Insurers For Settlement Proceeds Totaling $147 Million Related To Exposure To Russian Airlines

Tokyo Century

14/08/2025 02:49

Aug 14 (Reuters) - Tokyo Century Corp 8439.T:

TOKYO CENTURY CORP - U.S. SUBSIDIARY AVIATION CAPITAL GROUP ENTERED INTO ADDITIONAL AGREEMENTS WITH SOME INSURERS FOR SETTLEMENT PROCEEDS TOTALING $147 MILLION RELATED TO EXPOSURE TO RUSSIAN AIRLINES

TOKYO CENTURY CORP - WITH THESE, ACG HAS REACHED SETTLEMENT AGREEMENTS WITH ALL OF ITS WAR RISK INSURERS THAT WERE PARTY TO THE LITIGATION

TOKYO CENTURY CORP - TOKYO CENTURY TO RECORD YEN EQUIVALENT OF $545 MILLION AS EXTRAORDINARY INCOME IN FINANCIAL STATEMENTS FOR FISCAL YEAR ENDING MARCH 2026

Source text: ID:nTStn842b6

Further company coverage: 8439.T

 (Reporting by Kantaro Komiya)

 ((Kantaro.Komiya@thomsonreuters.com;))