Reinsurance News
Tokio Marine Holdings Inc.
Tokio Marine to acquire AIG medical stop-loss segment
4th October 2017
Tokio Marine HCC has agreed to acquire the medical stop-loss operations of American International Group (AIG) including its renewal rights, in-force business and employees, through its wholly owned subsidiary HCC Life Insurance Company (HCC Life). The acquired business segment produces a gross written premium of about $350 million, increasing Tokio Marine ... Read the full article
Japanese insurers to raise quake premiums in some regions by up to 50%
1st September 2017
Japanese insurance firms are reassessing earthquake risks by region, which is expected to result in premiums rising by as much as 50% in some areas, according to reports. Japan's earthquake risks is well documented and in response to the country's vulnerability to earthquake events, insurers in the region are expected to raise ... Read the full article
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