Tokio Marine
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The Japanese carrier expanded international premiums by 14.4% in the hardening market.
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The pair have created a ‘carbon risk rating’ for customers that underwriters can use when considering the impact of each policy.
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The underwriter has more than 36 years’ experience and has previously worked at Hiscox and Faraday.
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A new CEO is coming from the US to run the unit involved in the carrier’s coverage of Greensill Capital, which was withdrawn prior to the supply chain finance firm’s collapse.
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The update adds further restrictions for coal reliant businesses and offers exemptions for companies which show initiative in helping to fight climate change.
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The carrier’s Singapore business has become the latest insurance company to be impacted by cyber criminals.
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Benjamin Faubert will write a combination of credit and political risk insurance for clients in the EEA region.
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TMHCC booked a combined ratio of 87.4% following improvement in the carrier’s North American business.
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The consortium, understood to have a limit of $30mn, is targeting mid-market business.
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The carrier said the appointments will help the insurer "grow its presence within the UK broking market”.
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The Insure Our Future network is due to hold “physical and digital actions” in Japan, South Korea, the UK and the US.
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The carrier reported a full-year Covid-19 underwriting impact of 60bn yen for the international business.