Latest Tokiomarinegroup Headlines

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

O’Reilly To Oversee Mid-Atlantic for PHLY

Jun 27 2011 // Brian O'Reilly Philadelphia Insurance Companies (PHLY) has promoted Brian O’Reilly to senior vice president of marketing. O’Reilly, who started his career over 20 years ago with PHLY, manages the...

S&P: Outlook Negative on 9 Japanese P/C Insurers; Ratings Affirmed

Mar 25 2011 // Standard & Poor’s Ratings Services has conducted a detailed analysis of 15 Japanese P/C insurers, and has made several adjustments in its ratings following the earthquake and tsunami, which hit the country on...

Tokio Millennium Re Receives Authorization for Australia

Mar 3 2011 // Bermuda-based Tokio Millennium Re Ltd. (TMR), a subsidiary of Japan’s Tokio Marine & Nichido Fire Insurance Co., Ltd., announced that the Australian Prudential Regulation Authority (APRA) has authorized...

Florida Approves Lower Collateral for Reinsurer Tokio Millennium

Feb 28 2011 // Florida has approved lower collateral payments for another Bermuda reinsurer, the eighth foreign reinsurer to be granted this approval by the state.Tokio Millennium Re Ltd., a subsidiary of Tokio Marine & Nichido Fire...

S&P Japan Ratings Downgrade Hits Insurers

Jan 28 2011 // Yesterday Standard & Poor’s Ratings Services announced that it had lowered its sovereign rating on Japan to ‘AA-‘ from ‘AA’. The rating agency followed up that action by announcing that it...

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 be...

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 plans...

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...