Tokio Marine

Toyota estimates South African flood claim could reach $500mn

The manufacturer suffered heavy damage to its Prospecton factory in April.

Rachel Dalton, 11 July 2022
Tokio Marine on risk for ~$1bn South African Toyota flood loss

Mitsui, Tokio and Sompo are to split the loss, which will be absorbed by retentions and property XoL treaties.

Rachel Dalton, 05 July 2022
Intact Specialty to acquire TM Highland’s construction division

The construction book will be absorbed into Intact Specialty, with the carrier providing the paper for the newly purchased book.

Adam McNestrie, 17 June 2022
Convex lures Chubb hull chief May in marine restrengthening

The appointment comes after head of marine property and war Richard Tomlin exited the carrier in March.

Samuel Casey, 30 May 2022
The Week in 90 Seconds: Lloyd’s messaging; Ukraine reserves; Aviation pressure

Plus the lowdown on the potential Howden-TigerRisk tie-up and all the top news of the week.

Rachel Dalton, 20 May 2022
Tokio Marine international fiscal 2021 profit up by 157%

The segment recovered after Covid-19 impacts and remedial work at Tokio Marine Kiln.

Rachel Dalton, 20 May 2022
TMK takes Lloyd’s Asia CEO Spyropoulos as Asia managing director

He replaces Alex Dugand, who is returning to London to work as international development officer for the company.

Samuel Casey, 07 April 2022
Tokio Marine: Greensill policies void after ‘fraudulent misrepresentation’

The withdrawal of insurance coverage provided by subsidiary The Bond & Credit Co was linked to the collapse of the supply-chain finance firm.

Samuel Casey, 04 April 2022
Tokio Marine Kiln bolsters aviation team with Faraday’s Leahy

Lisa Leahy will be reunited with former colleague and TMK’s divisional head of aviation, James Walker, in her new role.

Aisling Finn, 30 March 2022
Tokio Marine Kiln reviews reinsurance strategy as Curran steps down

The Lloyd’s business is drawing on TMHCC to advise on the future of its reinsurance book.

Catrin Shi, 29 March 2022
Tokio Marine HCC International restructures transactional risk division

The insurer has split its existing team in two, creating dedicated teams for TRI in North America and across Europe, Asia and the Pacific.

Aisling Finn, 22 March 2022
Tokio Marine nine-month profit more than triples as cat and Covid impacts recede

The international segment booked 47bn yen in cat losses including Ida and Uri.

Rachel Dalton, 14 February 2022