Tokio Marine
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Casualty pricing and demand overshadow property catastrophe, while RenRe arrives just too late to steal the show.
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Other businesses with reinsurance exposure like TMK, Tokio Marine HCC and Safety National remain core.
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The executive takes up the newly created position today, joining from Munich Re.
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The National Flood Insurance Program's reinsurance may trigger for a second consecutive year following the storm, the ratings agency warned. -
Lane’s downpours puts commercial property, auto and homeowners carriers at risk.
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However, profits from Europe fell 92.9 percent to just 0.1bn yen following a drop in investment income and adverse currency movements.
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He co-founded a risk analytics company before making the move to the Houston-based insurer.
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The deal comes after Tokio Marine co-led a $90mn financing round for the InsurTech.
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The recently arrived COO is to replace Christopher Williams, who will become co-head of the Japanese parent’s international business.
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Luc Reuter takes the position after spending six years in a similar role at Chubb.
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There were positive share price changes over the quarter from only 13 companies in the index.
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CEO Tsuyoshi Nagano says acquisition targets in the US and Europe are becoming too expensive.
