Reinsurance News
Tokio Marine HCC
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
Tokio Marine HCC Intl. adds Green Upgrade Endorsement to property wordings
20th July 2023
The Japanese Business Division of Tokio Marine HCC International (TMHCCI) has unveiled a new Green Upgrade Endorsement that will be added as a standard endorsement, at no additional cost, to the firm's combined commercial property policies from August 1, 2023 as they renew. According to the announcement, the endorsement will provide ... Read the full article
Tokio Marine HCC to acquire Gulf Guaranty Employee Benefit Services
19th July 2023
Tokio Marine HCC, a member of the Tokio Marine Group has signed a definitive agreement to acquire Gulf Guaranty Employee Benefit Services, Inc. (Gulf Guaranty). Gulf Guaranty is a third-party administrator and managing general underwriter that designs, underwrites and administers group gap medical plans for small and mid-sized businesses. The transaction, which ... Read the full article
Tokio Marine HCC’s data shows rising popularity of TRI, increased confidence amid M&A slowdown
18th July 2023
Despite a recent decline in mergers and acquisitions (M&A) activity over the past year, new data released by Tokio Marine HCC (TMHCC) emphasises the growing popularity of Transaction Risk Insurance (TRI) and its effectiveness in paying claims, contributing to increased confidence among industry professionals. TMHCC, a leading provider of TRI with ... Read the full article
TMHCCI names Head of Legal & Compliance for its European operations
17th July 2023
Tokio Marine HCC International (TMHCCI) has announced the appointment of Sandy Mavrommati as the new Head of Legal & Compliance for its European operations, Tokio Marine Europe (TME). This move aims to enhance the company's network of compliance expertise and ensure the safe and compliant operation of its business. Mavrommati joins TMHCCI ... Read the full article
Tokio Marine HCC International promotes Des Burke to Group COO
26th June 2023
Des Burke, who led the transformation of Tokio Marine HCC International's technology and establishment of its architectural capabilities as Chief Information Officer, has been promoted to Group Chief Operations Officer. Burke first joined TMHCCI in 2021 from Lloyd’s and has over two and a half decades of experience in operations and technology ... Read the full article
Tokio Marine HCC restructures London Market teams to facilitate growth
5th May 2023
Tokio Marine HCC International (TMHCCI) has announced its London Market Marine, Energy and Renewables businesses will be brought under one operating structure which will be headed up by the recently appointed Ben Kinder. According to TMHCCI, this move will "facilitate future growth and drive greater efficiencies." Kinder, who joined TMHCCI from Zurich, ... Read the full article
TMHCCI adds Crowley and Roberts to UK Trade Credit division
21st March 2023
Tokio Marine HCC International (TMHCCI) has announced the appointment of two Senior Risk Underwriters, Karen Crowley and Arwel Roberts, to its UK Trade Credit division. With over two decades of experience in Trade Credit, Crowley joins TMHCCI from Atradius, where she held several roles, the most recent one being Senior Key ... Read the full article
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