Reinsurance News
Tokio Marine HCC
Tokio Marine HCC launches malicious cyber event coverage for event cancellation
4th September 2024
Tokio Marine HCC (TMHCC) – Specialty Group, part of the Tokio Marine HCC companies based in Houston, Texas, has announced the addition of a malicious cyber event extension to its cancellation product. This enhancement is available through both its Lloyd’s syndicate and HCC International Insurance Company PLC. TMHCC – Specialty Group's event ... Read the full article
Tokio Marine’s international segment sees Q1 net premiums swell 18.5%
6th August 2024
Tokio Marine's international business saw total net premiums written in Q1 of 2024 reach JPY 813.6 billion ($5.62 billion), driven by strong rate increases and new businesses in North America alongside the steady implementation of growth measures elsewhere. Of the total net premiums written figure, North America operations made up JPY ... Read the full article
Tokio Marine HCC appoints Jonathan Holmes as VP of Healthcare Professional Insurance
6th August 2024
Tokio Marine HCC – Cyber & Professional Lines Group (CPLG), a Houston-based division of Tokio Marine HCC that offers insurance solutions for cyber risks and professional liability, has announced important changes to its Professional Lines leadership team. As of July 24, 2024, Jonathan Holmes will step into the position of Vice ... Read the full article
Tokio Marine HCC Specialty’s Bert Van Wagenen retires, Bouchard becomes SVP
10th July 2024
Tokio Marine HCC - Specialty Group, part of the Tokio Marine HCC group of companies, has announced the retirement of Bert Van Wagenen, effective July 1, 2024. Van Wagenen, a renowned figure across the industry, has dedicated forty-four years of service to Tokio Marine HCC. Sean Curtin, Specialty Group’s President, commented: “Bert has ... Read the full article
Shaun Russ appointed Head of Crisis Management, London Market at Tokio Marine HCC
25th June 2024
Tokio Marine HCC (TMHCC) – Specialty Group, a division of the Tokio Marine HCC group, has announced the appointment of Shaun Russ as Head of Crisis Management for the London Market. This announcement coincides with Mark Hutton's promotion to Head of Crisis Management, International, in May 2024. Russ brings over 15 years ... Read the full article
Dynamic Re partners with Tokio Marine HCC to enhance Financial Lines solutions
14th June 2024
Dynamic Reinsurance (Dynamic Re) recently announced a business synergy agreement with Tokio Marine HCC – Financial Lines to collaborate on joint opportunities within Financial Lines. Dynamic Re, an underwriting agency based in the United States, provides property facultative and treaty reinsurance to brokers and insurance companies in Latin America and the ... Read the full article
Tokio Marine HCC to expand pricing capabilities with Akur8’s Core Platform Solution
25th April 2024
Tokio Marine HCC has selected Akur8’s Core Platform Solution to fuel innovation and to build high-performing pricing models, produce analytics and report with ease for powerful insights, and facilitate knowledge sharing across entities. Akur8 built its platform explicitly for insurers and designed it to enhance pricing processes by using proprietary machine-learning ... Read the full article
Tokio Marine HCC – CPLG strengthens leadership team with key appointments
4th April 2024
Tokio Marine HCC – Cyber & Professional Lines Group (CPLG) has announced three key appointments to its leadership team, aimed at strengthening its position in the dynamic cyber and professional lines insurance market. Patrick Gallic has been named Head of Emerging Markets. In this role, he will focus on exploring new ... Read the full article
Tokio Marine HCC invests into CAD$4.3m funding round secured by Clir
7th March 2024
Tokio Marine HCC has invested into a CAD $4.3 million funding round, secured by Clir Renewables (Clir), a renewable energy intelligence platform for wind and solar. Longbow Capital Inc., ArcTern Ventures and BDC Capital also participated in the funding round too. Clir confirmed that this round of financing will allow the company ... Read the full article
Tokio Marine HCC International names Matthias Sandfort Head of Surety in Germany
5th December 2023
Tokio Marine HCC International (TMHCCI) has announced the appointment of banking veteran Matthias Sandfort as Head of Surety in Germany, effective November 1. Operating out of Frankfurt, Sandfort will be responsible for growing TMHCCI’s Surety business, diversifying the portfolio and penetrating further into the German market. He will report to Luc Reuter, ... Read the full article
TMHCCI grows Birmingham team and announces new Manchester office
28th November 2023
Tokio Marine HCC International (TMHCCI) has announced it is pursuing further growth in the UK regional Professional Risks market with the appointment of three new underwriters and the opening of a new office in Manchester. Joining TMHCCI’s Birmingham branch is Jazz Parkash as Development Underwriter. Prior to this appointment, she had ... Read the full article
Tokio Marine HCC posts 12.5% increase in net premiums written in Q2 results
17th November 2023
Tokio Marine HCC has posted a 12.5% increase in net premiums written in its Q223 financial year results to JPY 413.4 billion. Net premiums written in the firm's Non-life: North America segment reached JPY 137.3 billion, while A&H reached JPY 124.3 billion, and International came in at JPY 151.4 billion. At the ... Read the full article
Catherine Lyle named Senior VP and Head of Cyber Claims at Tokio Marine HCC – CPLG
27th September 2023
Tokio Marine HCC – Cyber & Professional Lines Group (CPLG) has announced the appointment of Catherine Lyle as Senior Vice President and Head of Cyber Claims & Incident Response, effective September 25, 2023. Lyle will be reporting directly to Michael Palotay, the President of the group. In her new role, Lyle ... Read the full article
Tokio Marine HCC acquires renewal rights to Intact’s FirstFire business
10th August 2023
Tokio Marine HCC – Public Risk Group, a provider of insurance solutions for public entities and member of the Tokio Marine HCC, has entered into an agreement to acquire the renewal rights to the FirstFire portfolio of Intact Insurance Group USA LLC. FirstFire policies protect volunteer and professional fire departments, emergency ... Read the full article
Tokio Marine HCC names Jürgen Bertling Senior Underwriter for Financial Lines
4th August 2023
Tokio Marine HCC, a member of the Tokio Marine Group, appointed Jürgen Bertling as the new Senior Underwriter for Financial Lines. Bertling will be based in Munich, Germany. He has previous experience as a Referral Underwriter - Financial Lines for D&O and PI, the company said. "We wish him success in his new ... Read the full article
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