Chicago-based property/casualty underwriting agency, WNC Insurance Services, has rebranded as Tokio Marine Highland Insurance Services Inc. The agency was acquired in 2018 by Tokio Marine Kiln, a carrier in the Lloyd’s of London insurance market, rated A+ by Standard & …
Global insurers face a hefty bill if the coronavirus forces the cancellation of the Summer Olympics in Tokyo, with estimates of the cost of insuring the sporting showpiece running into billions of dollars. Japan has more than 200 cases of …
Specialist insurer Tokio Marine Kiln has appointed Charlotte Pritchard as an underwriter within its Special Risks team. Pritchard will focus on all aspects of special risks, including political violence and accelerating the growth of TMK’s terrorism book. She will report …
A senior lawyer who blew the whistle on alleged sexual harassment and bullying at a top Lloyd’s of London insurance company is suing his employer for what he called a campaign of harassment, racial discrimination and victimization. Ifeanyi Okoh said …
Tokio Marine Kiln (TMK) has launched its flagship cyber product, Cyber Ctrl, targeted at insurers in Asia. The product covers a range of first party losses including business interruption and provides clients with crisis management support in the wake of …
Tokio Marine Kiln (TMK) announced that after 11 years as chief executive officer, Charles Franks is assuming new responsibilities within the Tokio Marine Group (TMG). He will be succeeded by Brad Irick as CEO of TMK from Jan. 1, 2020, …
A group of Lloyd’s underwriters has launched a new facility with £53 million ($67.5 million) of capacity that is designed to speed up re/insurance product development for new and emerging risks. The Product Innovation Facility is led by senior underwriters …
Tokio Marine Group is putting one of its UK insurance companies, Tokio Marine Kiln Insurance (TMKI), into run-off. Going forward, Tokio Marine Kiln (TMK) will focus on its Lloyd’s businesses. The run-off plan will be taken in two parts: TMKI’s …
Lloyd’s of London has suspended a senior broker at Guy Carpenter & Co. for sending colleagues a sexually suggestive email about a female employee and is planning to take similar action against a second person who forwarded the message outside …
A Lloyd’s of London insurance broker, Guy Carpenter & Co., suspended an executive for sending a sexually suggestive email about a female colleague. A second employee was suspended for forwarding the message outside the firm. “We take all incidents of …
