Tokio Marine Pauses Sale of $1B Southeast Asia Life Insurance Business, Sources Say October 18, 2024 By Yantoultra Ngui and Kane Wu Japanese insurer Tokio Marine has paused the sale of its $1 billion Southeast Asia life insurance business, partly due to...
Japan’s Non-Life Insurers Must Cut Cross-Shareholdings to Zero, Industry Group Says September 19, 2024 A trade group representing Japan’s biggest non-life insurers said on Thursday that its member firms should set a clear deadline...
Mercury Insurance Taking Tokio Marine’s California Personal Lines Business May 10, 2024 Mercury Insurance on Thursday announced a plan that the Los Angeles-based carrier says will help maintain insurance availability and provide...
Tokio Marine Has $10 Billion for Potential Acquisitions: Executive March 20, 2024 Tokio Marine could potentially spend around $10 billion on overseas acquisitions and is patiently tracking public companies around the world,...
RHB Bank Weighs Bancassurance Options as Tokio Marine Pact Ends Soon: Sources September 22, 2023 By Elffie Chew Malaysia’s RHB Bank Bhd. is asking financial advisers for proposals for its partnership to sell insurance in its branches, as...
Tokio Marine Reorganizes IT, Operations Teams Under One Structure, One Leader June 26, 2023 Tokio Marine HCC International (TMHCCI) has restructured its IT and Operations teams as it moves to the next stage of...
Tokio Marine Weighs Sale of Southeast Asia Life Unit Valued at $1 Billion April 25, 2023 By Manuel Baigorri and Elffie Chew Tokio Marine Holdings Inc. is considering a sale of its life insurance business in Southeast Asia that could be valued...
‘It’s Not Been Fun’: Cyber Insurance Brokers Seek Consistency as Hard Market Settles June 29, 2022 By Chad Hemenway Alexandra Bretschneider said it feels like she has been a part-time grim reaper the last two years. The cyber practice...
Rapid Cyber Premium Growth by Fairfax, Tokio Marine Increased Share of Market May 9, 2022 By Chad Hemenway The top cyber insurance carriers in 2021 shifted to include Fairfax Financial Holdings and Tokio Marine U.S. as the marketplace...
Tokio Marine Invests in Satellite Imaging Specialist ICEYE, Enters NatCat Collaboration February 9, 2022 ICEYE, the Helsinki-based synthetic aperture radar (SAR) data provider and specialist in natural catastrophe solutions, announced that Tokio Marine Holdings...