Latest Tokiomarinegroup Headlines
All the headlines from our Tokiomarinegroup Topic Page, ordered by recency.
PURE Introduces Flood Insurance Product for High-Value Homeowners
Jun 19 2012 // As Hurricane Season begins, Privilege Underwriters Reciprocal Exchange (PURE) has launched a flood coverage suite to owners of well-built, high-value homes across most of the United States. PURE Flood Solutions is a...
Safety National Receives Ratings Upgrades
Jun 15 2012 // Excess workers’ compensation carrier, Safety National Casualty Corp., announced that three major insurance rating agencies have increased the company’s ratings. While Safety National’s A.M. Best financial...
Cellcontrol, PURE Insurance to Offer Free Distracted Driving Technology to Members
Jun 13 2012 // Cellcontrol, a developer of distracted driving products, has launched a program with specialist member-owned insurer Privilege Underwriters Reciprocal Exchange (PURE) to help prevent distracted driving incidents caused by...
People – Midwest
Apr 16 2012 // Jeff Menary has been named as vice president of direct underwriting and production at Iowa-based Grinnell Mutual. During Menary’s 32-year career at Grinnell Mutual he has served in a variety of roles including...
Riviezzo Joins Safety National as Business Development Rep.
Apr 3 2012 // St. Louis, Mo.-based Safety National Casualty Corp. announced that James Riviezzo has joined the company as business development representative. He will be based in Safety National’s New York City regional...
Philadelphia Insurance Companies Announces Promotions
Mar 26 2012 // Philadelphia Insurance Companies announced promotions for three marketing executives. Brian O'Reilly Brian O’Reilly has been promoted from senior vice president of marketing to senior vice president of the eastern...
Tokio Marine Buyout of Insurer Delphi Allowed to Proceed
Mar 7 2012 // A Delaware court on Tuesday denied a request to block the $2.7 billion sale of insurer Delphi Financial Group to Tokio Marine Holdings Inc., brought by pension-fund investors who claim that Delphi’s CEO was unjustly...
Hartmann Joins Safety National’s Large Casualty Unit in Chicago
Feb 15 2012 // St. Louis, Mo.-based Safety National Casualty Corp., an excess workers’ compensation provider and a writer of multi-line large casualty business, announced that Matthew Hartmann has joined the company as regional...
Ratings: Transsib Re, Tokio Marine Pacific, MAPFRE Panama, Union Nationale, Sovereign (NZ), Labuan Re, Tugu, ARIG
Dec 22 2011 // A.M. Best Europe – Rating Services Limited has upgraded the issuer credit rating to “bb+” from “bb” and affirmed the financial strength rating of B (Fair) of Russia’s OJSC Transsiberian...
Tokio Marine to Buy Delphi Financial for $2.7 Billion
Dec 21 2011 // Tokio Marine said on Wednesday it will buy U.S. insurer Delphi Financial Group for $2.7 billion, the latest in a string of deals by Japan’s second-largest property-casualty insurer aimed at growing outside its mature...
Best Upgrades First Hawaii Ratings to ‘A’ on Tokio Marine Takeover
Dec 16 2011 // A.M. Best Co. has upgraded the issuer credit ratings (ICR) to “a+” from “a” and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) of First of Hawaii Group and its members....
Ratings Recap: Tokio Millennium Re, Alterra Re Europe, Harmony General
Nov 7 2011 // A.M. Best Co. has upgraded the financial strength rating to ‘A++’ (Superior) from ‘A+’ (Superior) and the issuer credit rating to “aa+” from “aa-” of Bermuda-based Tokio...
Report AXA, Generali, Tokio Marine, MS&AD Submit Bids for HSBC Unit
Oct 14 2011 // European insurers AXA SA, Assicurazioni Generali SpA, Japan’s Tokio Marine and MS&AD Insurance Group are among suitors to submit first round bids for HSBC’s non-life insurance business, sources with...
Best Upgrades Philadelphia Insurance Co. and Members Ratings
Sep 21 2011 // A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A++’ (Superior) from ‘A+’ (Superior) and the issuer credit ratings (ICR) to ‘aa+’ from ‘aa’ of Philadelphia...
Tokio Marine to Acquire All of Hawaii’s First Insurance for $165 Million
Aug 15 2011 // Tokio Marine Holdings, Inc. is to become the sole shareholder of the largest Hawaii-based property and casualty insurance carrier. The Japanese insurer announced in Tokyo this week it has reached an agreement to acquire...
O’Reilly To Oversee Mid-Atlantic for PHLY
Jun 27 2011 // Brian O'Reilly Philadelphia Insurance Companies (PHLY) has promoted Brian O’Reilly to senior vice president of marketing. O’Reilly, who started his career over 20 years ago with PHLY, manages the...
S&P: Outlook Negative on 9 Japanese P/C Insurers; Ratings Affirmed
Mar 25 2011 // Standard & Poor’s Ratings Services has conducted a detailed analysis of 15 Japanese P/C insurers, and has made several adjustments in its ratings following the earthquake and tsunami, which hit the country on...
Tokio Millennium Re Receives Authorization for Australia
Mar 3 2011 // Bermuda-based Tokio Millennium Re Ltd. (TMR), a subsidiary of Japan’s Tokio Marine & Nichido Fire Insurance Co., Ltd., announced that the Australian Prudential Regulation Authority (APRA) has authorized...
Florida Approves Lower Collateral for Reinsurer Tokio Millennium
Feb 28 2011 // Florida has approved lower collateral payments for another Bermuda reinsurer, the eighth foreign reinsurer to be granted this approval by the state. Tokio Millennium Re Ltd., a subsidiary of Tokio Marine & Nichido Fire...
S&P Japan Ratings Downgrade Hits Insurers
Jan 28 2011 // Yesterday Standard & Poor’s Ratings Services announced that it had lowered its sovereign rating on Japan to ‘AA-‘ from ‘AA’. The rating agency followed up that action by announcing that it...
