[Congressional Record Volume 164, Number 86 (Thursday, May 24, 2018)]
[Extensions of Remarks]
[Page E728]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




 RECOGNIZING NANBO INSURANCE UNDERWRITERS AS THE 2018 GUAM CHAMBER OF 
                COMMERCE HALL OF FAME BUSINESS LAUREATE

                                 ______
                                 

                       HON. MADELEINE Z. BORDALLO

                                of guam

                    in the house of representatives

                         Thursday, May 24, 2018

  Ms. BORDALLO. Mr. Speaker, I rise today to commend and congratulate 
Nanbo Guam Ltd. (NANBO) on being chosen as the 2018 Guam Chamber of 
Commerce Hall of Fame Business Laureate. Nanbo Guam Ltd. was 
established in 1968 and has since engaged in multiple business 
enterprises as a trading company, a retail operator, investor in 
industrial laundry business, as well as real property acquisition and 
development. In its 50 years of doing business on Guam, NANBO has 
established a reputation as a reliable and trustworthy insurance agent. 
The business is committed to supporting the community's insurance 
needs, delivering exceptional customer service and providing quick 
claims settlement to covering the losses of its customers. NANBO' s 
commitment to the local community is also evident through its local 
real estate acquisitions and the 2012 construction of its headquarters 
in Hagatna, Guam.
  NANBO has been able to manage its resources effectively to be able to 
succeed as a company doing business on Guam for the last 50 years. 
Nanbo Insurance Underwriters, the central business of NANBO was 
established in 1969 serving as the exclusive general agent for the 
Tokio Marine and Fire Insurance Co., Ltd., of Tokyo, Japan since 1969. 
NANBO has also represented other numerous insurance companies over its 
years of doing business on Guam. NANBO currently serves as general 
agent for Tojio Marine Pacific Insurance Limited, Pacific Guardian Life 
Insurance Company and Sompo Japan Nipponka Insurance Inc., all through 
NANBO's wholly owned subsidiary, Guahan Insurance Services.
  The company has also demonstrated organizational commitment to 
community service through donations made to various not-for-profit and 
community organizations. NANBO has additionally supported relief 
efforts for natural disasters that have affected Guam and the region. 
NANBO encourages its employees to be active members of the community 
through various community events and service activities.
  Again, I congratulate Nanbo Guam Ltd. on being named the 2018 Guam 
Chamber of Commerce Hall of Fame Business Laureate. I commend Nanbo 
Guam Ltd. for their leadership in helping to promote community 
involvement and support for our local economy. NANBO proudly maintains 
a knowledgeable and dedicated local staff, is a leader in Guam's 
insurance industry and support nonprofit organization and events that 
support the community at large. I join the people of Guam in commending 
them for their award and thanking them for their many contributions to 
our island community.

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