Latest Tokiomarinegroup Headlines

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

Philadelphia Insurance ‘Ironman’ CEO Joins Triathletes for Katrina Relief

Sep 7 2005 // James J. Maguire, Jr., chief executive officer of Philadelphia Insurance Companies, and several other triathletes from the company will compete in the Panama City Beach, Florida Ironman, (2.4 mile swim, 112 mile bike, and...

Tokio Marine to Implement Electronic Data Storage

Aug 18 2005 // A report from Japan’s Kyodo News Agency notes that Tokio Marine & Nichido Fire Insurance Co. plan to electronically store application documents for automobile and other types of insurance contracts, starting...

Safety National Casualty Acquires ERC’s Excess Comp Book

Aug 10 2005 // Safety National Casualty Corporation has acquired renewal rights to the excess workers’ compensation business of Employers Reinsurance Corporation (ERC). The St. Louis, Mo.-based company l will immediately begin...

Report Tokio Marine in Talks to Acquire ABN AMRO’s Brazilian Insurance Unit

Apr 22 2005 // With a saturated and highly competitive home market, Japanese insurers are increasingly looking abroad for opportunities to expand. According to a report from the Japanese business newspaper Nihon Keizai, as reported by...

Philadelphia Insurance Cos., CIGNA Partner on Coverages for P/C Customers

Apr 11 2005 // Philadelphia Insurance Companies and CIGNA have finalized a strategic alliance to offer property/casualty insurance to CIGNA’s Participant Accident customers and Participant Accident coverage to PHLY’s...

S&P Raises Japan’s Nisshin Fire Ratings to ‘BBB+’ After Tokio Marine Buy

Feb 24 2005 // Standard & Poor’s Ratings Services announced that it has raised its long-term counterparty credit and financial strength ratings on Nisshin Fire & Marine Insurance Co. Ltd. to “BBB+” from...

Safety National Casualty Suspends 2 Employees Following Internal Probe of Dealings with Marsh

Jan 4 2005 // Safety National Casualty Corp., an excess workers’ compensation insurer based in Missouri, has suspended two of its employees for past insurance solicitation practices involving Marsh & McLennan.The action came...

S&P Rates Tokio Marine Global (U.K.) ‘AA-‘; Stable

Dec 29 2004 // Standard & Poor’s Ratings Services announced that it has assigned its “AA-” insurer financial strength rating to UK-based Tokio Marine Global Ltd. (TMG) with a stable outlook.“The rating on TMG...

Philadelphia Insurance Cos. Finalizes Deal to Purchase Fireman’s Fund NDO Renewal Rights

Nov 15 2004 // Philadelphia Insurance Companies has finalized an agreement with Fireman’s Fund Insurance Company to purchase the renewal rights on Fireman’s Fund’s non-profit D&O book of business. The agreement is...

S&P Affirms Tokio Marine Europe ‘AA-‘ Rating

Nov 11 2004 // Standard & Poor’s Rating Services announced that it has affirmed it’s “AA-” insurer financial strength rating on London-based Tokio Marine Europe Insurance Ltd. (TMEI), a wholly owned...

S&P Assigns ‘AA-‘ Ratings to Tokio Marine & Nichido Fire Insurance; Outlook Stable

Oct 1 2004 // Standard & Poor’s Ratings Services announced that it has assigned its ‘AA-‘ financial strength and long-term counterparty ratings to Tokio Marine & Nichido Fire Insurance Co. Ltd. with a stable...

S&P Upgrades Nisshin Fire to ‘BBB’; Outlook Positive

Sep 16 2004 // Standard & Poor’s Ratings Services announced that it has raised its financial strength and long-term counterparty ratings on Japan’s Nisshin Fire & Marine Insurance Co. Ltd. to “BBB” from...

Philadelphia Cos. Buys Renewal Rights for Palmer & Cay’s Bowling Program

Sep 7 2004 // Philadelphia Insurance Companies has finalized an agreement with Palmer & Cay Corporation to purchase the renewal rights on Palmer & Cay’s Club 300 Bowling Center program. Philadelphia Insurance Companies...

S&P Raises Outlook, Affirms ratings on Tokio Marine’s Dublin Reinsurer TMGRe

Sep 3 2004 // Accompanying its announcement on TMRe, Standard & Poor’s Ratings Services also noted that it has revised its outlook on Dublin-based reinsurer Tokio Marine Global Re Ltd. (TMGRe) to stable from negative, and...

S&P Affirms Tokio Millennium Re ‘AA-‘ Rating, Upgrades Outlook on Guarantee by Parent

Sep 3 2004 // Standard & Poor’s Ratings Services announced that it has revised its outlook on Tokio Millennium Re Ltd. (TMRe) to stable from negative, and affirmed its “AA-” financial strength rating, based on a...

Best Affirms Tokio Marine ‘A++’ Rating

Sep 2 2004 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A++” (Superior) of Japan’s Tokio Marine and Fire Insurance Company Limited, and has revised its outlook on the insurer to...

S&P Rates Tokio Marine (Singapore) ‘A+’

Jul 2 2004 // Standard & Poor’s Ratings Services announced that it has assigned its ‘A+’ long-term counterparty credit and insurer financial strength ratings to Tokio Marine & Fire Insurance Co. (Singapore)...

Philadelphia Insurance Agents Get Real Time Commercial Auto Services

Apr 29 2004 // Philadelphia Insurance Companies (NASDAQ: PHLY) has launched AutoIDweb, a new service on its AccessPHLY Agent Web Portal that provides agents access to their commercial auto policies with the ability to add/delete vehicles...

A.M. Best Affirms The Nichido Fire and Marine Insurance Cos. ‘A+’ Rating

Apr 14 2004 // A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) of The Nichido Fire and Marine Insurance Company Ltd. of Japan and its reinsured affiliate, Nichido Insurance Company (Pacific)...

Philadelphia Insurance Companies Offer New Professional Liability Product

Sep 24 2003 // The Philadelphia Insurance Companies have announced the release of their newest professional liability product “Private Company Protection Plus.” “This product is designed specifically for private...