Tokio Marine
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The international segment’s net written premium grew 15.8%.
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A significant amount of new capacity has flowed into the political violence and terror market in recent months.
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TMK CUO Matthew Shaw has also been elevated to CEO.
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The vehicle provides coverage for non-physical damage BI.
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Phil Taylor joins from Everest Re, where he was global head of specialty reinsurance.
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The malicious cyber-event coverage is an extension to the carrier’s cancellation product.
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The executive said losses in the Middle East had “sent shockwaves” through the market.
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Plus the latest people moves and all the top news of the week.
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Improved underwriting and investment results lifted the group’s international performance.
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The growing scale of projects is contributing to the need for more capacity.
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A roundup of all the news you need today, including Mosaic’s restructure to drive agency growth.
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The new product will be led by head of special risks Ed Parker.
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