Tokio Marine

Tokio Marine & Nichido Fire Insurance Co also plans to join the partnership for Carbon Accounting Financials initiative.

Industry veteran Rick Girden runs the construction portfolio, which is projected to grow to $200mn this year.

The Japanese carrier expanded international premiums by 14.4% in the hardening market.

The pair have created a ‘carbon risk rating’ for customers that underwriters can use when considering the impact of each policy.

The underwriter has more than 36 years’ experience and has previously worked at Hiscox and Faraday.

A new CEO is coming from the US to run the unit involved in the carrier’s coverage of Greensill Capital, which was withdrawn prior to the supply chain finance firm’s collapse.

The update adds further restrictions for coal reliant businesses and offers exemptions for companies which show initiative in helping to fight climate change.

The carrier’s Singapore business has become the latest insurance company to be impacted by cyber criminals.

Benjamin Faubert will write a combination of credit and political risk insurance for clients in the EEA region.

TMHCC booked a combined ratio of 87.4% following improvement in the carrier’s North American business.

The consortium, understood to have a limit of $30mn, is targeting mid-market business.

The carrier said the appointments will help the insurer "grow its presence within the UK broking market”.