Latest Tokiomarinegroup Headlines
All the headlines from our Tokiomarinegroup Topic Page, ordered by recency.
Tokio Marine Insurance Singapore Hit by Ransomware Attack
Aug 19 2021 // Tokio Marine Insurance Singapore Ltd. (TMiS), a subsidiary of Tokio Marine Group, announced it was hit by a ransomware cyber attack. Upon a detection of the attack, TMiS immediately took necessary measures including the...
People Moves: Gallagher Names Hughes as Aerospace Consultant; Tokio Marine HCC Hires Faubert for Credit & Political Risk; Enstar’s CFO to Step Down
Aug 11 2021 // This edition of International People Moves covers appointments for broker Gallagher in London, for insurer Tokio Marine HCC – Credit Group in Paris, and for Enstar Group in Bermuda. A summary of these new hires...
People Moves: Chubb’s Thanduparakkal to Hiscox, SCOR’s Prabis to Hiscox ILS; Tokio Marine HCC Int’l Hires 3 for Professional Risks
Jul 8 2021 // These International People Moves detail appointments at Hiscox and Hiscox ILS as well as three appointments at Tokio Marine HCC International’s Professional Risks team. A summary of these new hires follows...
People Moves: Furlong Joins accūrō Solutions; Safety National Hires O’Grady
Jun 17 2021 // accūrō Solutions Hires Furlong as Chief Strategy Officer accūrō Solutions has hired George Furlong as chief strategy officer. He brings experience in workers’ compensation and managed care to the new medical bill...
Tokio Marine Restructures Contingency Team, Promoting Paddon, Refreshing Capacity
Jun 9 2021 // Tokio Marine HCC has reaffirmed its commitment to the international contingency market with the appointment of a new lead for its London market and European operations. Neil Paddon, head of Contingency who has been with...
People Moves: Safety National Signs O’Grady; MMC’s McMillan Joins AIG Investor Relations
Jun 9 2021 // O’Grady Joins Safety National’s Large Casualty Unit Safety National announced that Tim O’Grady joined the company as vice president for underwriting in the company’s large casualty division, which...
People Moves: The Hartford’s McKenna to Falvey; Safety National Hires Kostro
Apr 20 2021 // Falvey Insurance Group Appoints McKenna as Chief Underwriting Officer Falvey Insurance Group has hired Mike McKenna, formerly of The Hartford, as chief underwriting officer to oversee the underwriting for its group...
Credit Suisse’s Greensill Insurance Mystery Involves Tokio Marine, Marsh
Apr 1 2021 // Credit Suisse told investors the debt in its $7.3 billion finance fund was low risk because it was insured but the bank failed to ensure the policies would pay out, two sources told Reuters. When Japan’s Tokio...
Insurer Tokio Marine Expects No Material Impact on 2021 Results from Greensill Collapse
Mar 23 2021 // TOKYO – Japanese insurer Tokio Marine Holdings Inc said on Tuesday it currently expects no material impact on its results for the fiscal year starting next month as a result of its exposure to the fallout of Greensill...
Tokio Marine Faces Larger-Than-Expected Exposure to Greensill Capital Meltdown
Mar 19 2021 // Tokio Marine Holdings Inc. is facing a larger-than-expected exposure to the Greensill Capital meltdown after finding that reinsurance contracts intended to limit losses didn’t cover its unit that did the most...
Tokio Marine Examines Validity of Greensill Insurance Policies Provided by Australia Unit
Mar 10 2021 // TOKYO – Japanese insurer Tokio Marine Holdings Inc. said on Wednesday it is investigating the validity of insurance policies provided by its Australian unit to speciality finance firm Greensill. Greensill filed for...
Greensill Downfall Began with Firing of Insurance Manager at Sydney Unit of Tokio Marine
Mar 5 2021 // The debacle that led to the unraveling of Lex Greensill’s trade-finance empire began with the firing of a manager at a Sydney unit of insurance giant Tokio Marine Holdings Inc. last year. After the July 8 dismissal...
PHLY Acquires Staffing Insurance Business from World Wide Specialty Programs
Jan 5 2021 // Philadelphia Insurance Companies (PHLY) has acquired the Staffing Insurance Business offered by World Wide Specialty Programs Inc., based in Melville, N.Y. World Wide will operate as a division of PHLY and assume...
Core Specialty Adds Tokio Marine’s Jacobs to E&O, Professional Liability Team
Dec 28 2020 // Cincinnati-based Core Specialty Insurance Holdings reported that Jeff Jacobs has joined as senior vice president, head of Errors and Omissions Professional Liability. Jacobs has 30 years of insurance sector experience...
Giller Named VP in Tokio Marine HCC’s Cyber, Professional Lines Group in Chicago
Dec 16 2020 // Tokio Marine HCC – Cyber & Professional Lines Group has promoted Ari Giller to vice president of Cyber and Tech Underwriting, responsible for overseeing the West Coast and Midwest underwriting divisions. He is based...
Lloyd’s Launches Biz Interruption Insurance Policy for SMEs, Led by Tokio Marine Kiln
Sep 30 2020 // Lloyd’s has launched a new “first-of-its-kind” business interruption policy for small-and-medium-sized enterprises (SMEs), specifically designed to protect them against IT disruption or...
NHC: Tropical Storm Sally Strengthens to Hurricane
Sep 14 2020 // Update 4:00 pm EST: Louisiana and Mississippi residents were under evacuation orders on Monday as Hurricane Sally churned across the Gulf of Mexico, strengthening to a hurricane ahead of expected landfall on Tuesday, the...
NHC: Tropical Storm Sally Strengthens to Hurricane
Sep 14 2020 // Louisiana and Mississippi residents were under evacuation orders on Monday as former Tropical Storm Sally strengthened to a hurricane status and churned across the Gulf of Mexico, the U.S. National Hurricane Center...
First Insurance Company of Hawaii Launches Admitted Parametric Product
Jul 29 2020 // First Insurance Company of Hawaii (FICOH) has launched a parametric product for Hawaii homeowners and renters. The FirstTrack product provides coverage for expenses that fall below most hurricane policy deductibles,...
Harkins Retiring as Reinsurance Leader at Safety National Re; King Named Successor
Jul 7 2020 // Ray Harkins will retire as executive vice president and chief underwriting officer, Reinsurance, at St. Louis, Missouri-based Safety National Re. Bob King has been tapped to succeed him as senior vice president and chief...
