Reinsurance News
Tokio Marine HCC
Tokio Marine HCC expands global distribution strategy with leadership appointments
5th February 2025
Tokio Marine HCC (TMHCC) International, part of the Tokio Marine HCC group of companies headquartered in Houston, Texas, has named Stuart Heath as Head of Distribution – International. In this newly established role, Heath will spearhead efforts to expand TMHCC International’s distribution network, forging new partnerships and strengthening existing relationships across ... Read the full article
Optalitix partners with Tokio Marine HCC to transform London market pricing
29th January 2025
Insurtech firm Optalitix, specialising in data analytics and pricing solutions, has partnered with Tokio Marine HCC International (TMHCCI), a recognised specialty insurer, to enhance its London Market underwriting and pricing systems. Optalitix’s advanced platform was chosen to deliver a faster and more adaptable solution for digitising and improving pricing accuracy across ... Read the full article
TMHCC Specialty appoints Sam Austen as Senior Film and TV Production Underwriter
20th January 2025
Tokio Marine HCC (TMHCC) – Specialty Group, a member of the Tokio Marine HCC group based in Houston, Texas, has appointed Sam Austen as Senior Film and TV Production Underwriter. Based in London, Austen will enhance the specialist expertise in the Contingency and Professional Risk - Media, Film & TV divisions, ... Read the full article
US cyber insurance market enters into soft phase: Tokio Marine HCC
23rd December 2024
According to Tokio Marine HCC – Cyber & Professional Lines Group (CPLG), the US cyber insurance sector is now in a soft market period, due to premium rate changes dropping below zero in 2024. The firm recently published its 2024 Cyber Market report, which examines the evolving landscape of the US cyber ... Read the full article
AM Best revises TMHCC Mexico’s outlook to negative from stable
19th November 2024
AM Best, the global credit ratings agency, has revised the outlook to negative from stable and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a” (Excellent) of Tokio Marine HCC Mexico Compañía Afianzadora, S.A. de C.V. (TMHCC Mexico). Concurrently, AM Best ... Read the full article
Dan Browne and Chloe Pitchford join TMHCC’s Professional Risk team
12th November 2024
Tokio Marine HCC (TMHCC), a specialty insurance provider, has announced the appointments of Dan Browne as a Professional Indemnity (PI) Underwriter and Chloe Pitchford as a PI Development Underwriter. Both will join TMHCC’s expanding Professional Risk team, with Browne based in London and Pitchford in Manchester. These appointments strengthen TMHCC’s ability to ... Read the full article
Tokio Marine HCC enters Excess Casualty market led by David Perez
15th October 2024
Tokio Marine HCC (TMHCC), a specialty insurance provider, has announced its entry into the Excess Casualty market, appointing David Perez to lead the new offering. TMHCC’s entry into the Excess Casualty market comes at a crucial time, providing much-needed capacity for insureds as insurers continue to reduce limits in response to ... Read the full article
Tokio Marine HCC and Tredder partner to launch adventure insurance product
23rd September 2024
Tredder, an insurtech company, has announced a new partnership with Tokio Marine HCC (TMHCC), a provider of specialty insurance. This partnership introduces a stand-alone supplemental insurance product tailored for the vehicle-based adventure community, positioning Tredder as a key player in the specialty adventure vehicle market. The new product offers comprehensive coverage for ... Read the full article
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
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