Nanbo Insurance mourns the passing of Vic Waki

Posted on Nov 10 2020

HÅGATÑA—Former Nanbo Insurance general manager Absalon “Vic” Waki passed away last Nov. 5, 2020, at the age of 84.

He was born on Saipan and was a graduate of Eiko High School in Yokosuka, Japan. Waki had worked for Atkins Kroll (Guam) Ltd. and Microl Corp. (Saipan) from 1957 to 1981.

In January 1982, he joined NANBO as assistant general manager and was later promoted to various positions within the company such as chief underwriter, senior manager for underwriting, senior manager for marketing and general manager.

In May 2017, Waki joined affiliate Guahan Insurance Services as general manager. After 37 years of service to NANBO and GIS, Waki retired on Dec. 31, 2018. 

The passing of Waki, a valued friend and colleague of the entire NANBO and GIS familia, represents a personal loss to all who knew him and cherished both his friendship and professionalism.

Waki leaves behind his wife, six children, and several grandchildren.

NANBO chair P. Sonny Ada said, “Vic Waki was a trusted and dedicated insurance professional. No words can express our gratitude for the opportunity to work with him. On behalf of the Nanbo Guam, Ltd. board of directors and family, we extend our condolences and appreciation to Vic’s wife and family.”

Nanbo Insurance Underwriters has been serving Guam for more than 50 years. Nanbo Guam Ltd. was established in 1968 jointly by the Pete Ada and Eddie Terlaje families of Guam, J.C. Tenorio Enterprises of Saipan, and Nanyo Boeki Kaisha of Japan. Nanbo was established in 1969 and currently serves as general agent for Tokio Marine Pacific Insurance Limited and Pacific Guardian Life Insurance Company.

Nanbo was named Guam Business Hall of Fame – 2018 Business Laureate by the Guam Chamber of Commerce. (PR)

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