Tokio Marine
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Tokio Marine GX was launched in May to offer coverage for companies looking to decarbonise.
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TMGX is designed to help insure the green transition.
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The Japanese carrier noted the impact of increasing natural disasters.
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The market is also facing potential losses from injuries to NFL stars.
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Barry Cook has led THMCCI for over 20 years, one of the longest CEO tenures in London.
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Chris Jones, Will Shepherd-Barron and David Clark will join the start-up.
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The product supports investors of early-stage carbon removal projects.
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The hire follows Camilla Gower’s promotion to marine and energy liability head.
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Camilla Gower joined TMHCCI in 2020 from StarStone.
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Returns on capacity reduced, forecast at 4.4%-14.4%, have settled at 4.6%.
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The group reported strong underwriting results in all major overseas P&C segments.
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