SRI International News

Japanese property and casualty insurance firm Tokio Marine Holdings Inc said on Friday it plans to cancel 35 million of its own shares, or almost 4.4 percent of its outstanding shares, on June 29.

Delphi Financial Group Inc., the parent company of St. Louis-based Safety National Casualty Corp., announced the closing of Delphi's acquisition by Japan-based Tokio Marine Holdings Inc.

Lightscape Materials is a private, US-based research company with intellectual property in specialty phosphor technology.

A Philadelphia stockbroker was indicted on insider trading charges Thursday after allegedly taking inside information provided by an executive of insurer Philadelphia Consolidated Holding Corp.

Tokio Marine Life Insurance will strongly promote savings insurance with a guaranteed high return to increase product holdings and create brand awareness.

Japanese private equity firm Unison Capital on Wednesday agreed to buy a Japanese drugmaker Showa Yakuhin Kako from a domestic rival Tokio Marine Capital, its third buyout in six months.

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Taurus Dexterous Robot designed by SRI International for bomb squad technicians to remotely control, is displayed for demonstration during the Xconomy Forum: The Future of Robotics in Silicon Valley and Beyond held at SRI International in Menlo Park on May 3, 2012.