Latest Tokiomarinegroup Headlines

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Tokio Marine Pauses Sale of $1B Southeast Asia Life Insurance Business, Sources Say

Oct 18 2024 // Japanese insurer Tokio Marine has paused the sale of its $1 billion Southeast Asia life insurance business, partly due to a dispute with a Malaysian partner over an expiring products distribution agreement, four sources...

People Moves: Tokio Marine HCC Appoints Perez to Launch US Excess Casualty Business

Oct 17 2024 // Tokio Marine HCC (TMHCC), based in Houston, Texas, has announced the expansion of its specialty product offering with its entry into the Excess Casualty market. David Perez has been appointed as President, Excess Casualty,...

Tokio Marine Kiln Launches Specialty Reinsurance Division

Sep 13 2024 // Tokio Marine Kiln (TMK), the international specialist insurer, announced the formation of a new Specialty Reinsurance division to support the company’s growth ambitions in the sector.The new division will be led by...

People Moves: Miller Names Thevenot for Strategic Sports and Entertainment Team; Tokio Marine HCC International Promotes 2 in UK Trade Credit Division

Aug 13 2024 // This edition of International People Moves details appointments at insurance broker Miller and the insurer Tokio Marine HCC International.A summary of these new hires follows here. Miller Appoints Thevenot for Strategic...

People Moves: DUAL Swiss Taps Tokio Marine’s Wyss as Managing Director; WTW Appoints 3 Senior Hires to International Casualty Team

Jul 17 2024 // This edition of International People Moves details appointments at managing general agent DUAL Europe and insurance broker WTW.A summary of these new hires follows here. DUAL Swiss Taps Tokio Marine’s Wyss as...

Tokio Marine Forecasts ¥1 Trillion 2024 Profit; ‘Drastic’ Growth Ahead

May 28 2024 // In Japanese yen, the profit figure that Tokio Marine Holdings projects for 2024 is ¥1 trillion. While the forecast may seem less extraordinary in U.S. dollars of roughly $6.7 billion, either way it’s a 40% jump over...

People Moves: Tokio Marine HCC Expands Product Recall Offering With 2 Hires From AXA XL; London P&I Club’s CEO Gooch to Step Down, Succeeded by Bean

May 13 2024 // This edition of International People Moves details appointments at Tokio Marine HCC – Specialty Group and The London P&I Club.A summary of these new hires follows here. Tokio Marine HCC Expands Product Recall...

Mercury Insurance Taking Tokio Marine’s California Personal Lines Business

May 10 2024 // Mercury Insurance on Thursday announced a plan that the Los Angeles-based carrier says will help maintain insurance availability and provide coverage for thousands of California consumers as two insurers exit the...

People Moves: Tokio Marine HCC CPLG Names New VPs and Head of Emerging Markets

Apr 2 2024 // Tokio Marine HCC – Cyber & Professional Lines Group (CPLG), a member of the Tokio Marine HCC group of companies based in Houston, Texas, named two new vice presidents and a head of emerging markets. CPLG appointed...

Tokio Marine Has $10 Billion for Potential Acquisitions: Executive

Mar 20 2024 // Tokio Marine could potentially spend around $10 billion on overseas acquisitions and is patiently tracking public companies around the world, the co-head of the Japanese insurer’s expanding international business...

People Moves: Aon Names Ahmed and Von Obstfelder Risk Analytics Product Leaders; Tokio Marine N. America’s Angelson Named C-Level Leader for Global Insurance Group

Mar 8 2024 // Aon Names Ahmed and Von Obstfelder as Advanced Risk Analytics Product LeadersAon plc, headquartered in London, named to new leaders in global and U.S. commercial risk. Aon named Arshi Ahmed global head of analytics for...

Shaw Appointed CEO of Tokio Marine Kiln, Succeeding Irick

Feb 16 2024 // Specialty insurer Tokio Marine Kiln (TMK) announced the appointment of Matthew Shaw as CEO, with effect from April 1, subject to regulatory approval.Shaw will succeed Brad Irick who is taking up the position of co-head of...

People Moves: Tokio Marine HCC Taps SCOR’s Hannay to Lead New Power Proposition; Miller Hires Kennedy From Shell International for Energy Team

Feb 15 2024 // This edition of International People Moves details appointments at Tokio Marine HCC International and the broker Miller.A summary of these new hires follows here. Tokio Marine HCC Taps SCOR’s Hannay to Lead New Power...

People Moves: Zurich Nordic Promotes Fritz to CEO; Arch Taps Cyber U/Ws From Tokio Marine and AIG; Liberty Names RSA’s Furlan as Head of Casualty, Europe

Oct 18 2023 // This edition of International People Moves details appointments at Zurich Insurance, Arch Insurance and Liberty Specialty Markets.A summary of these new hires follows here. Zurich Promotes Fritz to CEO Zurich NordicZurich...

RHB Bank Weighs Bancassurance Options as Tokio Marine Pact Ends Soon: Sources

Sep 22 2023 // Malaysia’s RHB Bank Bhd. is asking financial advisers for proposals for its partnership to sell insurance in its branches, as its deal with an arm of Japan’s Tokio Marine Holdings Inc. is set to expire at the...

Texas’ Tokio Marine HCC Unveils New Look Website

Jul 27 2023 // Tokio Marine HCC, headquartered in Houston, Texas, announced it has overhauled its website reflecting a fresh new brand look, as it continues its journey to deliver an easier and more rewarding online experience for...

Tokio Marine HCC Acquires Mississippi-Based Medical Plan Administrator

Jul 19 2023 // Tokio Marine HCC today announced it has agree to acquire Gulf Guaranty Employee Benefit Services, Inc., a Jackson, Mississippi-based third-party administrator and managing general underwriter that designs, underwrites and...

Tokio Marine Reorganizes IT, Operations Teams Under One Structure, One Leader

Jun 26 2023 // Tokio Marine HCC International (TMHCCI) has restructured its IT and Operations teams as it moves to the next stage of its growth strategy.Since 2017, TMHCCI said it has grown significantly and to service and sustain this...

People Moves: Safety National’s Zervos Retires as Regional VP

Jun 6 2023 // Zervos Retires as Regional Vice President – Underwriting Safety National has announced that Dennis Zervos is retiring as regional vice president – underwriting on June 2. Zervos has spent over 30 years in the industry,...

Tokio Marine Kiln Sets Up Cyber & Enterprise Risk Division

Jun 5 2023 // Specialist insurer Tokio Marine Kiln (TMK) has established a standalone Cyber & Enterprise Risk division as part of its effort to expand its presence in the cyber market.Led by Laila Khudairi, the Cyber &...