Latest Tokiomarinegroup Headlines
All the headlines from our Tokiomarinegroup Topic Page, ordered by recency.
RenaissanceRe Gets Regulatory Nod to Proceed with Tokio Millennium Re Purchase
Mar 13 2019 // RenaissanceRe Holdings Ltd. announced it has received all regulatory approvals required in connection with its planned acquisition of Tokio Marine Holdings’ reinsurance platform. The deal was first announced on Oct....
Houston’s Tokio Marine HCC Names Schell as Next President; Burke to Retire
Mar 6 2019 // Houston-based Tokio Marine HCC has named Michael Schell as president effective April 1, 2019, succeeding William Burke who is retiring. Schell currently serves as executive vice president at Tokio Marine HCC. He joined...
Safety National Casualty Makes Underwriting Management Changes
Feb 12 2019 // Safety National Casualty Corp., headquartered in St. Louis, Missouri, has made organizational changes and enhancements to the company’s casualty field underwriting management roles. Steve Cotnoir Dennis Zervos Steve...
Japan Insurers Eye China Acquisitions in Continuation of Overseas Deal Spree
Feb 4 2019 // Japanese insurance companies have spent more than $50 billion on acquisitions over the past five years to become the world’s second-largest buyer of insurance assets, and the deals spree won’t be slowing down...
AIG’s Strong Joins Tokio Marine as Business Innovation Officer
Jan 23 2019 // Specialty insurer Tokio Marine HCC announced that Shilpa Strong has joined the company as Business Innovation Officer to pursue continued investment in operational efficiencies, customer experience and digital...
Business Moves
Jan 21 2019 // EPIC Holdings, Integro EPIC Holdings Inc. in San Francisco has agreed to acquire Integro Holdings Inc., which houses the U.S. operations of New York-based Integro Group Holdings. The acquisition will add 400 team members...
Oklahoma’s Midlands Management Corp. Bought by Safety National Casualty
Jan 3 2019 // Midlands Management Corp., a managing general agent, wholesale broker, program administrator and insurance services provider headquartered in Oklahoma City, has been acquired by multi-line specialty insurance carrier...
Synergy Professional Associates Launches Lawyers PL Programs in Arizona, Texas
Dec 20 2018 // Synergy Professional Associates, in partnership with Tokio Marine HCC – Professional Lines Group, has launched two new lawyers professional liability programs focusing on small law firms in Arizona and Texas. The new...
Special Report: The Industry Industry Gives Back
Dec 14 2018 // Safety National Safety National proudly supports Variety the Children’s Charity of St. Louis, an organization that has been helping children with physical and developmental disabilities for more than 80 years. In...
Tokio Marine’s Sale of Reinsurance Units to Boost Operational Efficiency: Fitch
Nov 16 2018 // Tokio Marine Holdings Inc.’s (TMHD) sale of two European reinsurance subsidiaries is likely to streamline its holdings and boost operational efficiency in the group’s underwriting businesses, Fitch Ratings...
A.M. Best Downgrades Ratings of Tokio Millennium Re, Puts RenRe Under Review
Nov 5 2018 // A.M. Besthas downgraded the financial strength rating to A+ (Superior) from A++ (Superior) and the long-term issuer credit rating to “aa-” from “aa+” of Tokio Millennium Re AG (TMR) (Switzerland)....
RenRe’s Purchase of Tokio Millennium Re Reinforces Strategy of Independence: CEO
Nov 1 2018 // RenaissanceRe’s planned $1.5 billion purchase of Tokio Millennium Re (TMR) reinforces its strategy of being an independent reinsurer, according to Kevin O’Donnell, president and CEO of RenRe. “The TMR...
RenaissanceRe to Acquire Tokio Millennium Re in $1.5 Billion Deal
Oct 30 2018 // Bermuda-based RenaissanceRe Holdings has agreed to pay about $1.5 billion to acquire Tokio Marine’s reinsurance platform (TMR), which includes Tokio Millennium Re AG and Tokio Millennium Re (UK). If closing tangible...
Tokio Marine Kiln Closes Hong Kong Office
Oct 24 2018 // Tokio Marine Kiln (TMK) announced a reorganization of its Asian operations based primarily in Singapore with supporting offices in Hong Kong and Shanghai. TMK will be closing its Hong Kong office with immediate effect and...
UPC Insurance, Tokio Marine Kiln Form New Florida-Based Property Insurer ‘Journey’
Sep 27 2018 // United Insurance Holdings Corp. (UPC Insurance), a property and casualty insurance holding company, has formed Journey Insurance Co. in partnership with Tokio Marine Kiln. The new property and casualty insurer will...
Tokio Marine Kiln Appoints Patel, Formerly with AXIS/Novae, as CFO
Sep 21 2018 // Tokio Marine Kiln (TMK) has appointed of Reeken Patel as chief financial officer (CFO). He joins TMK on Oct. 1, when he takes over from James Dover who has chosen to leave the business after 12 years at TMK and eight years...
Tokio Marine Buys Minority Stake in S. Africa Insurer Hollard for African Foothold
Sep 7 2018 // Japanese insurer Tokio Marine Holdings Inc. agreed to buy a minority stake in South Africa’s Hollard Insurance Co. Ltd. to help both companies expand through Africa. Tokio Marine will pay 5 billion rand ($327...
Tokio Marine Names Barn from Munich Re as Global Head of Cyber Risk
Sep 4 2018 // Leading international insurance group Tokio Marine Holdings (TMH) has appointed Daljitt Barn to the newly created post of global head of cyber risk. Barn, who will be based in London, joins from Munich Re and is an...
Tokio Marine to License Metromile’s Connected Intelligence Platform
Aug 7 2018 // San Francisco, Calif.-based startup Metromile announced today that Tokio Marine Holdings Inc. has become the first insurance carrier to license Metromile’s Connected Intelligence Platform. Metromile in July announced...
Rivera Named CEO of Tokio Marine HCC
Jul 27 2018 // Tokio Marine HCC announced that Susan Rivera has been appointed its next chief executive officer effective Sept. 1, 2018, replacing Christopher J.B. Williams, the current CEO. Williams is taking on a new role as managing...
