Latest Tokiomarinegroup Headlines
All the headlines from our Tokiomarinegroup Topic Page, ordered by recency.
Glomb Named Underwriting Chief at PHLY
Jan 25 2011 // Philadelphia Insurance Cos. (PHLY) has promoted John Glomb to chief underwriting officer. Glomb, a 15-year veteran of the insurance and financial services industry, most recently serving as senior vice president of...
Ratings Recap: Tokio Marine Pacific, Malaysian Re, Kazakhinstrakh, Ansvar
Jan 7 2011 // A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating of “aa-” of Guam-based Tokio Marine Pacific Insurance Limited (TMPI), both with stable outlooks....
Rating Recaps: PrimeOne, Berkshire Hathaway (Notes), Safety National
Dec 17 2010 // A.M. Best Co. has assigned a financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” to Michigan-based PrimeOne Insurance Company, both with stable outlooks. The ratings of...
Cotnoir Joins Safety National’s Large Casualty Unit
Oct 1 2010 // St. Louis, Mo.-based Safety National announced that Stephen H. Cotnoir has joined the company’s Large Casualty unit. His hiring coincides with the founding of Safety National’s regional underwriting office in...
Safety National Names Csik Chief Financial Officer
May 4 2010 // Alternative market insurance provider, Safety National in St. Louis, Mo., has promoted Senior Vice President John Csik to the position of chief financial officer and treasurer. Csik takes over these positions from Duane...
Sweeney, Maguire Named Co-Presidents by Philadelphia insurance
Mar 1 2010 // Specialty insurer Philadelphia Insurance Companies has promoted Christopher J. Maguire and Sean S. Sweeney to the position of co-presidents. Maguire joined Philadelphia Insurance Companies in 1987 and has managed...
Ratings Recap: Generali (France), Tokio Marine Pacific, swisspartners
Feb 25 2010 // A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Generali Vie and Generali IARD. Best also affirmed the ICR of “a-”...
Safety National Launches a New Large Casualty Program
Jan 22 2010 // St. Louis, Mo.-based excess workers’ compensation coverage provider Safety National has introduced a comprehensive large casualty program, which combines the company’s large deductible workers’...
People
Jan 10 2010 // Global insurance broker and risk advisor Marsh appointed Philip Gawthorpe as Multinational Client Service Practice leader for the Midwest Zone. Gawthorpe, who has more than 30 years of insurance industry experience, will...
People
Jan 10 2010 // The Insurance Council of Texas (ICT) elected Craig Sparks chairman of its board of directors. Sparks has been president of the Union Standard Insurance Company in Irving since 2000. Sparks’ insurance career began the...
Philadelphia Insurance Cos.’ Founder, Maguire, to Retire
Dec 31 2009 // James J. Maguire, founder of Philadelphia Insurance Cos., will retire as chairman of the board of directors effective January 1, 2010. Jamie Maguire, PHLY’s president and CEO, will succeed James J. Maquire as...
Ratings Recap: Tokio Millennium Re, Nissan Global, Asia Capital, ACRe
Nov 11 2009 // A.M. Best Co. has affirmed the financial strength rating of’ A+’ (Superior) and issuer credit rating of “aa-” of Bermuda-based Tokio Millennium Re Ltd. (TMR), both with stable outlooks. Best noted...
PHLY to Hold Product Fair at Pittsburgh Pirates Baseball Stadium
Aug 18 2009 // Philadelphia Insurance Cos. (PHLY) will hold a product fair at Pittsburgh’s PNC Park Wednesday afternoon to showcase new products to Western Pennsylvania insurance agents. The open-house style event will include...
Safety National Opens New York Underwriting Office
May 13 2009 // Safety National has opened regional underwriting office in New York, and has tapped industry veterans Sharon Herschlag and Dennis Zervos as regional underwriting managers. The company says the new office builds on its...
RMS’ Paradex Model Plays Key Role in Munich Re, Tokio Marine Cat Swap
Apr 27 2009 // Risk Management Solutions announced that Munich Re and Tokio Marine Nisshin Fire have closed a private catastrophe swap based on its industry loss index, Paradex-Europe Windstorm. “This transaction now brings the...
S&P Rates Phila. Indemnity, Phila. Insurance; ‘AA-‘; Outlook Stable
Feb 5 2009 // Standard & Poor’s Ratings Services has assigned its ‘AA-‘ counterparty credit and financial strength ratings to Philadelphia Indemnity Insurance Co. and its sister company, Philadelphia Insurance Co....
Ratings: RSA (Ireland), Mondial, Tokio Marine (Guam), Ballantyne Re (Notes), Wuerttembergische
Jan 7 2009 // Standard & Poor’s Ratings Services has assigned its ‘A-‘ insurer financial strength and counterparty credit ratings to Ireland-based insurer RSA Insurance Ireland Ltd. with a stable outlook....
Report Japan Insurers Mitsui, Aioi and Nissay in Merger Talks
Dec 29 2008 // Japan’s Mitsui Sumitomo Insurance Group Holdings Inc, Aioi Insurance Co and Nissay Dowa General Insurance Co are in talks to merge, a company source said, in a move that would create the country’s largest...
Ratings Recap: Phila. Consolid., AmCOMP, Medical Savings, Hospitals
Dec 8 2008 // A.M. Best Co. has withdrawn and assigned an “nr” to the issuer credit rating (ICR) of “a-” of Pennsylvania-based Philadelphia Consolidated Holding Corp. as a result of the recently completed...
Business Moves
Nov 30 2008 // Arthur J. Gallagher The HR Group International insurance broker Arthur J. Gallagher & Co. reported it has acquired The HR Group, LLC of Brentwood, Tennessee. Terms of the transaction were not disclosed. The HR Group...
