Tokio restructures global reinsurance and big ticket business
Global (re)insurance giant Tokio Marine is restructuring its international reinsurance and large commercial property operations from 1 January 2011, as it gears up for growth.
Under the changes the group will unify its global reinsurance brand as Tokio Millennium Re (TMR) and open new TMR branches in Switzerland and Australia.
The group is also launching a Tokio Marine Global (TMG) business unit to write large commercial property lines from London and in New York, headed by Philip Wray, active underwriter...
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