TOKYO — DENSO Corp. has announced it will establish a wholly owned captive insurance company – DENSO Reinsurance America, Inc. – for its group companies in March. The company will initially invest $3 million in capital in the company, which will be located in Hawaii.

In April, DENSO Reinsurance America, Inc. will begin undertaking marine insurance for the DENSO group companies worldwide and workers’ compensation insurances for DENSO group companies in the U.S. Its customers include all the world’s major carmakers. Worldwide, the company employs 104,000 people in 31 countries and regions, including Japan.

For more information about DENSO, go to: www.globaldenso.com .

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