Tokio Marine to exit aviation retro in move that will further squeeze segment
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Tokio Marine to exit aviation retro in move that will further squeeze segment

Adam McNestrie
22 June 2023
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Tokio Marine has told cedants that it will discontinue its aviation retro book as the effects of the mammoth Boeing loss continue to ripple through the market, this publication can reveal.

The Japanese Big Three insurer is the dominant player in the narrow aviation retro market, with some sources suggesting a 20%-25% market share, and others estimating it writes as much as half of the market.

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Topics

News Aerospace Retrocession Tokio Marine
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Adam McNestrie
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