Latest Tokiomarinegroup Headlines

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

Philadelphia Insurance Names Doyle Co-Chief Underwriting Officer; Adds 3 Senior VPs

Jan 15 2020 // Philadelphia Insurance Companies has appointed John Doyle as a co-chief underwriting officer and promoted three vice presidents to senior vice president roles.Doyle is now shares the underwriting officer responsibilities...

O’Leary Succeeds Maguire as Philadelphia Insurance Chairman; Glomb Is President

Jan 7 2020 // Commercial property/casualty and professional liability insurer Philadelphia Insurance Companies announced leadership changes, effective January 1, 2020.President and Chief Executive Officer Bob O’Leary has become...

Tokio Marine to Pay US$374M for Insurance Joint Venture with Brazil’s Caixa Bank

Jan 7 2020 // Tokio Marine Holdings Inc. announced it will pay 1.52 billion reais (US$374 million) to form a joint venture to sell mortgage and homeowners insurance for Caixa Econômica Federal, the Brazilian state-owned...

3 Policyholders Receive Safety First Grants from Missouri’s Safety National

Dec 9 2019 // St. Louis, Missouri-based Safety National, through its annual Safety First Grant Program, has awarded three policyholders for their creative risk control solutions.The first-place grant, in the amount of $10,000, was...

Philadelphia Insurance Promotes Cundiff to Lead Surety Division Nationwide

Dec 3 2019 // Philadelphia Insurance Companies, a commercial property/casualty and professional liability insurer, announced the promotion of Michael Cundiff from vice president to senior vice president of Surety.Cundiff will succeed Ed...

Tokio Marine HCC Names Barnett and Browne as Co-Global Marketing Leaders

Nov 20 2019 // Specialty insurer Tokio Marine HCC announced that Jeremy Barnett and Phelim Browne have been named co-global marketing leaders, effective Oct. 1, 2019, reporting to Thomas Harmeyer, executive vice president.Barnett, based...

Sexual-Harassment Whistleblower Sues Lloyd’s Insurer Tokio Marine Kiln

Nov 13 2019 // 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...

Chubb Taps Poole from Tokio Marine as Head of Middle Market, UK & Ireland

Oct 29 2019 // Chubb announced the appointment of Jonathan Poole as head of Middle Market for the UK and Ireland.In this role Poole will have overall responsibility for Chubb’s Middle Market strategy for the UK and Ireland which...

Tokio Marine HCC Expands Surety Team in France with 2 Hires from Zurich Insurance

Oct 8 2019 // Tokio Marine HCC announced the appointment of Jennifer Metcalfe as senior surety underwriter – France, effective Sept. 16. She reports to Aymeric Vinet Desrues, head of Surety – France, who was appointed in...

Tokio Marine Eyed PURE for Years. Yankees-Red Sox Finally Brought Them Together.

Oct 4 2019 // PURE Group, the high-net-worth insurer set to be acquired by Tokio Marine Holdings Inc., had been on the Japanese company’s radar for more than a decade.After PURE was created in 2006, Tokio Marine tried to set up a...

Tokio Marine to Buy High Net Worth Insurer Pure for $3.1 Billion

Oct 3 2019 // Tokio Marine Holdings Inc. has agreed to buy U.S. high net worth insurer Privilege Underwriters Inc. and its specialty insurance subsidiaries, known as Pure Group, for $3.1 billion (approximately JPY 325.5B).Tokio Marine...

Tokio Marine Kiln Announces Leadership Changes, Including New CEO Irick

Sep 13 2019 // 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...

Tokio Marine Joins Singapore Insurtech Program

Aug 19 2019 // Japanese property/casualty insurer Tokio Marine Holdings announced a partnership with Plug and Play’s Insurtech program in Singapore. With this new partnership in Singapore, Tokio Marine will now have access to Plug...

Tokio Marine Puts UK Insurer into Run-Off, Now Focusing on Lloyd’s Business

Jun 25 2019 // 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...

Tokio Marine Looking for Insurance Acquisitions in Asia, Other Markets

Jun 25 2019 // Tokio Marine Holdings Inc. is seeking acquisition opportunities in Asian emerging markets and elsewhere as it seeks to double profits from those regions, according to the new chief of Japan’s largest...

Tokio Marine’s ProAg to Acquire AmTrust Financial’s Crop Insurance MGA

Apr 22 2019 // Producers Ag Insurance Group Inc. has agreed to acquire Leawood, Kan.-based managing general agent AmTrust Agriculture Insurance Services.The deal, which is subject to regulatory approvals, is expected to close by May 1....

Synergy Professional Associates Expands Lawyers PL Program to 3 New States

Apr 15 2019 // Synergy Professional Associates, in partnership with Tokio Marine HCC – Professional Lines Group, has expanded its lawyers professional liability programs focusing on small law firms into Colorado, Florida and New...

Business Moves

Apr 15 2019 // NSM, Embrace Pet InsuranceProgram specialist NSM Insurance Group has acquired Embrace Pet Insurance, a Cleveland-based national provider of pet health insurance for dogs and cats. Embrace offers an accident and illness...

AM Best Downgrades Ratings of Tokio Marine GRV Re in Oklahoma City

Apr 7 2019 // AM Best has downgraded the Financial Strength Rating (FSR) to A (Excellent) from A++ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” from “aa+” of Tokio Marine GRV Re Inc....

Tokio Marine Kiln Names Curran as Head of Reinsurance, Succeeding Huckstepp

Apr 3 2019 // Tokio Marine Kiln (TMK) announced the appointment of Will Curran as the new head of reinsurance, effective April 1, 2019. Curran succeeds David Huckstepp who is leaving TMK on a planned break from the sector. Curran began...