Latest Tokiomarinegroup Headlines

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

Update: List of Insurers Exiting Climate Group Grows, Including Lloyd’s, Tokio Marine

May 30 2023 // The list of firms walking out of the Net Zero Insurance Alliance continued to grow this week, adding to an exodus as the industry struggles to navigate anti-ESG attacks led by the Republican Party.The latest round of...

Tokio Marine Weighs Sale of Southeast Asia Life Unit Valued at $1 Billion

Apr 25 2023 // Tokio Marine Holdings Inc. is considering a sale of its life insurance business in Southeast Asia that could be valued at about $1 billion in a deal, according to people familiar with the matter, as the Japanese insurer...

People Moves: Tokio Marine Boosts UK Trade Credit Division With Underwriting Hires From Atradius, Coface; BHSI Promotes Ruddlesdin to Head of PI & Cyber in London

Mar 20 2023 // This edition of International People Moves details appointments at Tokio Marine and Berkshire Hathaway Specialty Insurance (BHSI).A summary of these new hires follows here. Tokio Marine Hires Underwriters from Atradius,...

People Moves: Aon Names Mgoqi as CEO for South Africa; Tokio Marine Kiln Appoints AIG’s Green to Head Aviation War Risks

Mar 6 2023 // This edition of International People Moves details appointments at Aon and Tokio Marine Kiln.A summary of these new hires follows here. Aon Names Mgoqi as CEO for South AfricaAon plc, a leading global professional services...

People Moves: Generali GC&C Taps Former Tokio Marine Exec Kanu as CEO; BHSI Hires Aviva’s Major as UK Country Manager; Marsh Names Perry UK CEO, Credit Specialties

Jan 24 2023 // This edition of International People Moves details appointments at Generali Global Corporate & Commercial (GC&C), Berkshire Hathaway Specialty Insurance (BHSI) and Marsh.A summary of these new hires follows here....

People Moves: Tysers Insurance Brokers Names Former Chubb Exec Kendrick as Chair; Tokio Marine HCC Int’l Promotes Herrero as CEO for European Operation

Nov 28 2022 // Tysers Insurance Brokers Names Former Chubb Exec Kendrick as ChairTysers Insurance Brokers, the London-based broker, announced the appointment of Andrew Kendrick as non-executive chair. The appointment is effective Dec. 1,...

People Moves: MEMIC Welcomes Safety National’s Hoff; Delaware to Name New Captive Chief; Arthur Hall Names Mackarevic Partner

Aug 12 2022 // MEMIC Names Hoff Vice President of Loss Control and SafetyThe MEMIC Group has named Maryann Hoff, a 17-year insurance industry veteran, its new vice president of loss control and safety. Hoff comes to MEMIC from Safety...

People Moves: Anderson Joins Safety National Cyber Team; Coalition Hires First CFO

Aug 8 2022 // Steven Anderson joins Safety National’s Cyber Insurance TeamSteven Anderson has joined the Safety National cyber insurance team as Director of Cyber Underwriting. Anderson will be based out of the company’s...

People Moves: Acrisure Re Hires Carpenter’s Furlong; HDI Global Specialty Promotes Button for Distribution & Biz Devel.; Tokio Marine Names Former QBE Exec for Board

Jul 27 2022 // This edition of International People Moves details appointments at broker Acrisure Re and two insurers: HDI Global Specialty and Tokio Marine Europe.A summary of these new hires follows here. Acrisure Re Hires...

People Moves: Heinrich CEO of Tokio Marine Highland; Kiernan, Smalley New Roles at AXA XL Re; QBE Re North America Promotions

Jul 7 2022 // AXA XL Reinsurance appoints Peter Kiernan as Head of US Property, Bermuda Reinsurance and Simon Penney, Head of Underwriting AnalyticsAXA XL Reinsurance has appointed Peter Kiernan as head of US Property, Bermuda...

People Moves: Safety National Shuffles Management, Names Hercules New CEO

Jun 23 2022 // Safety National Casualty Corp. said as of June 14 it made changes to its executive management structure and moved Duane Hercules from president to CEO.Mark Wilhelm, formerly chairman and CEO, became executive chairman....

Intact Acquires Illinois-Based Tokio Marine Highlands US Construction Division

Jun 17 2022 // Tokio Marine Kiln reached an agreement with Intact Insurance Group USA LLC for the sale of Tokio Marine Highland’s (TMH) US construction division. The transaction is subject to customary regulatory approvals and is...

Insurance Technology: Socotra Snaps Up Startup Portal; Marble Mobilizes Rewards App; RMS Unveils UnderwriteIQ; Vertafore Powers Tokio Marine Surety

May 26 2022 // Socotra Acquires Avolanta, Adding Unified Agent and Customer PortalInsurance carrier technology firm Socotra reports it has acquired Avolanta, a Columbia, South Carolina software startup offering a unified portal built for...

Rapid Cyber Premium Growth by Fairfax, Tokio Marine Increased Share of Market

May 16 2022 // The top cyber insurance carriers in 2021 shifted to include Fairfax Financial Holdings and Tokio Marine U.S. as the marketplace grew 74% to over $4.8 billion, according to a report from Fitch Ratings.Overall, the top cyber...

Rapid Cyber Premium Growth by Fairfax, Tokio Marine Increased Share of Market

May 9 2022 // The top cyber insurance carriers in 2021 shifted to include Fairfax Financial Holdings and Tokio Marine U.S. as the marketplace grew 74% to over $4.8 billion, according to a report from Fitch Ratings.Overall, the top cyber...

People Moves: AIG Promotes Bolt; RIMS Honors Griffith; Tokio Marine HCC Hires Ingerslev for Cyber; Frenier to Lead CAC Specialty Prof, Cyber Business Development

Apr 14 2022 // AIG Appoints Tom Bolt EVP and Chief Risk OfficerAmerican International Group (AIG) said Tom Bolt was named Executive Vice President and Chief Risk Officer, effective immediately. He replaces Sabra Purtill, who was named...

Markets/Coverages: Palisade Legal Risk MGU; Tokio Marine Kiln IP Abatement; Marsh Cybersecurity Marketplace

Apr 12 2022 // Palisade Partner Launches Specialty Managing General UnderwriterPalisade Insurance Partners, a specialty managing general underwriter, has been launched with plans to provide a range of contingent legal risk insurance and...

Japanese Insurer Tokio Marine Says Greensill Obtained Policies Fraudulently

Apr 4 2022 // Companies linked to insolvent British financier Lex Greensill obtained insurance fraudulently, insurer Tokio Marine said on Monday, adding it did not plan to pay out on the policies and would “vigorously...

Markets/Coverages: Falvey’s Cyber Cover for Cargo; PHLY’s New Commercial Line; CoverEase’s Workers’ Comp; Mile Auto’s Telematics

Mar 28 2022 // Falvey Cargo Underwriting Offers Cyber for CargoFalvey Cargo Underwriting announced its latest product offering, Cyber for Cargo, to help address broad cyber exclusions that apply to nearly all cargo insurance policies....

District of Columbia Regulator Expands Internships to Gallaudet Students

Mar 3 2022 // Gallaudet University and the District of Columbia Department of Insurance, Securities and Banking (DISB) announced that Gallaudet students will have expanded opportunities to gain practical work experience in municipal...