Tokio Marine
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New capacity continues to flow into the hull market, despite rating pressure.
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The LPPC will offer limits of $127.5mn EAR and DSU coverage in the US and Canada.
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Tokio Marine HCC was below plan on income as the carrier prioritised bottom line.
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Lucy Fraser has held roles at the ABI, and the City of London Corporation.
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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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