EXHIBIT 8

SUBSIDIARIES OF MILLEA HOLDINGS, INC.*

	Jurisdiction of
Name of Subsidiary	Incorporation	Ownership Interest
The Tokio Marine and Fire Insurance Company, Limited	Japan		100.0	%
The Nichido Fire and Marine Insurance Company, Limited	Japan		100.0	%
Tokio Marine & Nichido Life Insurance Co., Ltd.	Japan		100.0	%
Tokio Marine & Nichido Financial Life Insurance Co., Ltd.**	Japan		100.0	%
Tokio Marine Asset Management Co., Ltd.	Japan		97.5	%
The Tokio Marine & Nichido Career Service Company, Limited	Japan		100.0	%
Trans Pacific Insurance Company	New York, U.S.A		100.0	%
The Tokio Marine Europe Insurance Limited	U.K.		100.0	%
Tokio Marine Global Re Limited	Ireland		100.0	%
Millea Asia Pte. Ltd.	Singapore		100.0	%
The Tokio Marine and Fire Insurance Company (Singapore) Pte. Limited	Singapore		90.0	%
The Tokio Marine and Fire Insurance Company (Hong Kong) Limited	Hong Kong, China		100.0	%
Tokio Marine Brasil Seguradora S.A.	Brazil		91.3	%
Tokio Millennium Re Ltd.	Bermuda		100.0	%
Nichido Investment (Luxembourg) S.A.***	Luxembourg		100.0	%
Tokio Marine Financial Solutions Ltd.	Cayman Islands		100.0	%

*	As of March 31, 2004.
**	Formerly known as Skandia Life Insurance Company (Japan) Limited prior to name change effective as of April 2, 2004.
***	Liquidated as of May 24, 2004.