Reinsurance News

Tokio Millennium Re

RenRe has “far exceeded” initial goals of the TMR acquisition: CEO, O’Donnell

8th April 2020

More than a year since RenaissanceRe (RenRe) acquired Tokio Millennium Re (TMR) in a $1.5 billion deal, and the former's President and Chief Executive Officer (CEO), Kevin O'Donnell, feels the company has "far exceeded" its initial targets. It was announced in October 2018 that RenRe had entered into a definitive ... Read the full article

TMR’s Meredith Head joins Aspen Re to lead NA Property Cat

6th June 2019

Aspen Re, the reinsurance arm of Aspen Insurance Holdings Limited, has announced the appointment of Meredith Head from Tokio Millennium Re (TMR) as Head of North American Property Catastrophe. In her new role, Head will report to Christian Dunleavy, Aspen Re's Chief Underwriting Officer (CUO) and Chief Executive Officer (CEO) of ... Read the full article

RenRe optimistic as TMR integration moves to execution

15th May 2019

Integration execution takes centre stage following Bermudian reinsurer RenaissanceRe's (RenRe) $1.5 billion takeover of Tokio Millennium Re (TMR), which completed on March 22nd, 2019. Speaking during the firm's Q1 2019 earnings call, RenRe executives discussed its recently completed acquisition of TMR, underlining a shift from planning to execution. "From my perspective, ... Read the full article

RenRe completes acquisition of Tokio Millennium Re

22nd March 2019

Bermuda-based reinsurer RenaissanceRe Holdings Ltd. (RenRe) has completed its previously announced acquisition of Tokio Millennium Re, following the receipt of all necessary regulatory approvals. The $1.5 billion deal, which sees RenRe acquire Japanese holding company Tokio Marine’s reinsurance units, was announced in October of last year. Commenting on the completion of the deal, ... Read the full article

RenaissanceRe acquiring Tokio Millennium Re in $1.5 billion deal

30th October 2018

Bermudian reinsurance company RenaissanceRe has announced that it is to acquire Japanese holding company Tokio Marine’s reinsurance units, which include Tokio Millennium Re AG and Tokio Millennium Re (UK) Limited. RenaissanceRe said it has entered into a definitive agreement with Tokio Marine Holdings, Inc. to acquire the firm's reinsurance platform, which ... Read the full article

Companies that have embraced tech will be well placed for the future: Faries, Tokio Millennium Re (Bermuda)

11th September 2018

Reinsurance companies that have started to adjust their operations and that have embraced the rise of technology are positioning themselves well for the future, according to the Head of the Bermuda branch of Tokio Millennium Re AG (TMR), Kathleen Faries. Reinsurance News recently spoke with Faries to discuss trends in the ... Read the full article

Brian Secrett to leave Lloyd’s for Chief Underwriting role at Tokio Millennium Re

14th July 2017

Tokio Millennium Re has announced that Brian Secrett will join the firm from Lloyd's of London as its new Chief Underwriting Officer (CUO), effective October 1st, 2017. As well as taking on the role of CUO, Secrett has also been made a member of the company's Executive Committee, also effective October 1st, ... Read the full article

Tokio Millennium Re CEO discusses refined capital markets strategy & broader reinsurance market trends

5th May 2017

Stephan Ruoff, Chief Executive Officer (CEO) of Tokio Millennium Re (TMR), discussed the firm's main target markets and operating strategies in a recent interview with Reinsurance News. Ruoff highlighted the firm's commitment to income diversification through gaining momentum in two major areas, and also discussed the rise of InsurTech, the global political ... Read the full article

Tokio Millennium Re licenses Praedicat’s Oortfolio for casualty analytics

7th February 2017

Multi-line reinsurance firm Tokio Millennium Re has signed up to license Praedicat's casualty catastrophe risk modelling solution Oortfolio, as it seeks to enhance its analytical focus on this class of risk. Oortfolio is the world’s first exposure-based and forward-looking casualty catastrophe risk modelling tool, which Praedicat launched in October 2016. Oortfolio ... Read the full article