Tokio Marine
-
Combined ratios have improved as prices rise and investments return to profit.
-
The carrier is partnering with Munich Re Syndicate and Tokio Marine HCC.
-
The companies account for ~70% of GHG emissions in its portfolio.
-
Vivek Syal will become CUO of Tokio Marine Kiln in April.
-
ERS 218 reported a 3.4% return on its £48mn capacity.
-
The firm has laid out five reforms to hold itself, and its subsidiaries, accountable.
-
Irick moves into a group role, with current CUO Shaw stepping up.
-
The carrier also benefited from strong underwriting and investment results.
-
Scor’s Nicola Hannay has been appointed head of power generation.
-
The marine market has had several new MGAs launch into the sector.
-
The transition is expected to be completed shortly after Q1 2024.
-
The resignations will see Russ and Davidson reunited with fellow Axa XL alumnus Mark Hutton, who joined Tokio Marine HCC as head of crisis management last year.
-
The carrier has made numerous energy and power appointments in recent months.
-
The global segment leader for power generation moves to Tokio Marine HCC soon after his colleague Nicola Hannay.
-
Finance minister describes the activity as “widespread, repeated and continuous”.
-
Robert O’Leary, managing executive officer at Tokio Marine Holdings, has resigned from the company.
-
Tokio Marine HCC restructured its marine, energy and renewables division earlier this year.
-
It is understood that Hutton has resigned from his previous role as global product head of product recall at Axa XL after six years with the carrier.
-
The carrier’s overseas unit benefited from improved underwriting and the reversal of Taiwanese Covid-19 impacts.
-
Carr has spent over 20 years in the market, holding several leadership positions at Tokio Marine HCC, Axis and others.
-
Leahy joins the carrier after just over a year at TMK as divisional head of airline.
-
Ellen White, underwriter on the product recall team, is due to succeed Michael Crabtree following his departure.
-
Insurance Insider has compiled a bite-sized wrap-up of the exclusive news stories and CEO interviews from this year's Monte Carlo Rendez-Vous.
Most Recent
-
AM Best upgrades MS Re financial strength rating to A+
26 April 2024 -
Beazley’s Barnes resigns in latest energy market move
26 April 2024 -
QBE Re rebuilds in A&H with Canopius’s Brigstocke
26 April 2024