Latest Tokiomarinegroup Headlines

All the headlines from our Tokiomarinegroup Topic Page, ordered by recency.

Sweeney Exits Philadelphia Insurance; O’Leary Named CEO

Feb 6 2013 // Philadelphia Insurance Companies, a Bala Cynwyd, Penn.-based property/casualty and professional liability insurance company for niche markets, announced Tuesday that Robert O’Leary, Jr. has been named the new...

Philadelphia Launches Coverage for Fuel Dealers

Jan 14 2013 // Philadelphia Insurance Cos. (PHLY), a property/casualty and professional liability insurance company for niche markets, is now offering insurance coverage specifically designed to protect fuel dealers. Several types of...

Carriers ‘Uncertain’ About California Workers’ Comp Reform

Dec 19 2012 // Editor’s Note: This is the fourth in a series of articles to look at California’s workers’ compensation reform law, which takes effect Jan. 1, 2013.Insurance carriers, along with the many stakeholders who...

Philadelphia Insurance Companies Names New CEO

Nov 9 2012 // Bala Cynwyd, Penn.-based Philadelphia Insurance Companies said Chairman and Chief Executive Officer Jamie Maguire will be stepping aside as CEO at the end of this year. He will remain as chairman of the board. Sean...

Ratings Recap: Auto Owners, Stonebridge, Tokio Marine (U.S.), Courtesy, Young America, Old Glory

Jun 21 2012 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aa+” of Auto-Owners Insurance Company and its four wholly owned...

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 the...