Latest Tokiomarinegroup Headlines

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Synergy Professional Associates Expands Lawyers PL Program to 3 New States

Apr 3 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...

Tokio Marine HCC Acquires Cyber Specialist NAS in California

Apr 1 2019 // Tokio Marine HCC has acquired in Encino, Calif.-based NAS Insurance Services LLC.Terms of the deal were not disclosed. The acquisition of NAS represents the continuance of a partnership between NAS and the Tokio Marine...

People

Apr 1 2019 // Ironshore Specialty Casualty has appointed Casey Hartley as senior vice president and head of programs. She will oversee the development, marketing and distribution of programs lines, working with programs administrators...

Tokio Marine HCC Names Skarinka President, Public Risk Group

Mar 27 2019 // Houston-based Tokio Marine HCC has promoted Christopher Skarinka, chief operating officer for its Professional Lines and Public Risk Groups, to president of the Public Risk Group, effective April 1. He succeeds Thomas...

RenaissanceRe Completes $1.5B Acquisition of Tokio Millennium Re

Mar 25 2019 // RenaissanceRe Holdings Ltd. announced it has concluded its acquisition of Tokio Marine Holdings’ reinsurance platform for $1.5 billion in cash and RenaissanceRe common shares.The acquisition of Tokio Millennium Re AG...

RenaissanceRe Gets Regulatory Nod to Proceed with Tokio Millennium Re Purchase

Mar 13 2019 // RenaissanceRe Holdings Ltd. announced it has received all regulatory approvals required in connection with its planned acquisition of Tokio Marine Holdings’ reinsurance platform.The deal was first announced on Oct....

Houston’s Tokio Marine HCC Names Schell as Next President; Burke to Retire

Mar 6 2019 // Houston-based Tokio Marine HCC has named Michael Schell as president effective April 1, 2019, succeeding William Burke who is retiring.Schell currently serves as executive vice president at Tokio Marine HCC. He joined...

Safety National Casualty Makes Underwriting Management Changes

Feb 12 2019 // Safety National Casualty Corp., headquartered in St. Louis, Missouri, has made organizational changes and enhancements to the company’s casualty field underwriting management roles.Steve Cotnoir, formerly vice...

Japan Insurers Eye China Acquisitions in Continuation of Overseas Deal Spree

Feb 4 2019 // Japanese insurance companies have spent more than $50 billion on acquisitions over the past five years to become the world’s second-largest buyer of insurance assets, and the deals spree won’t be slowing down...

AIG’s Strong Joins Tokio Marine as Business Innovation Officer

Jan 23 2019 // Specialty insurer Tokio Marine HCC announced that Shilpa Strong has joined the company as Business Innovation Officer to pursue continued investment in operational efficiencies, customer experience and digital...

Business Moves

Jan 21 2019 // EPIC Holdings, IntegroEPIC Holdings Inc. in San Francisco has agreed to acquire Integro Holdings Inc., which houses the U.S. operations of New York-based Integro Group Holdings. The acquisition will add 400 team members...

Oklahoma’s Midlands Management Corp. Bought by Safety National Casualty

Jan 3 2019 // Midlands Management Corp., a managing general agent, wholesale broker, program administrator and insurance services provider headquartered in Oklahoma City, has been acquired by multi-line specialty insurance carrier...

Synergy Professional Associates Launches Lawyers PL Programs in Arizona, Texas

Dec 20 2018 // Synergy Professional Associates, in partnership with Tokio Marine HCC – Professional Lines Group, has launched two new lawyers professional liability programs focusing on small law firms in Arizona and Texas.The new...

Special Report: The Industry Industry Gives Back

Dec 14 2018 // Safety National proudly supports Variety the Children’s Charity of St. Louis, an organization that has been helping children with physical and developmental disabilities for more than 80 years. In 2018, Safety...

Tokio Marine’s Sale of Reinsurance Units to Boost Operational Efficiency: Fitch

Nov 16 2018 // Tokio Marine Holdings Inc.’s (TMHD) sale of two European reinsurance subsidiaries is likely to streamline its holdings and boost operational efficiency in the group’s underwriting businesses, Fitch Ratings...

A.M. Best Downgrades Ratings of Tokio Millennium Re, Puts RenRe Under Review

Nov 5 2018 // A.M. Besthas downgraded the financial strength rating to A+ (Superior) from A++ (Superior) and the long-term issuer credit rating to “aa-” from “aa+” of Tokio Millennium Re AG (TMR) (Switzerland)....

RenRe’s Purchase of Tokio Millennium Re Reinforces Strategy of Independence: CEO

Nov 1 2018 // RenaissanceRe’s planned $1.5 billion purchase of Tokio Millennium Re (TMR) reinforces its strategy of being an independent reinsurer, according to Kevin O’Donnell, president and CEO of RenRe.“The TMR...

RenaissanceRe to Acquire Tokio Millennium Re in $1.5 Billion Deal

Oct 30 2018 // Bermuda-based RenaissanceRe Holdings has agreed to pay about $1.5 billion to acquire Tokio Marine’s reinsurance platform (TMR), which includes Tokio Millennium Re AG and Tokio Millennium Re (UK).If closing tangible...

Tokio Marine Kiln Closes Hong Kong Office

Oct 24 2018 // Tokio Marine Kiln (TMK) announced a reorganization of its Asian operations based primarily in Singapore with supporting offices in Hong Kong and Shanghai. TMK will be closing its Hong Kong office with immediate effect and...

UPC Insurance, Tokio Marine Kiln Form New Florida-Based Property Insurer ‘Journey’

Sep 27 2018 // United Insurance Holdings Corp. (UPC Insurance), a property and casualty insurance holding company, has formed Journey Insurance Co. in partnership with Tokio Marine Kiln.The new property and casualty insurer will...