Tokio Marine Launches Green Unit, Eyes $1 Billion Revenues by 2030 May 28, 2025 By Simon Jessop Japanese insurer Tokio Marine has set up a unit to insure activities linked to the low-carbon transition such as green...
Couple Accused of Using Theater Group’s Credit Card Settles With Insurer September 23, 2024 By William Rabb A Connecticut couple who previously lived in Tampa, Florida, has agreed to settle a subrogation lawsuit brought by Philadelphia Indemnity...
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,...
Japanese Insurer Tokio Marine Says Greensill Obtained Policies Fraudulently April 4, 2022 Companies linked to insolvent British financier Lex Greensill obtained insurance fraudulently, insurer Tokio Marine said on Monday, adding it did...
6th Circuit Rejects COVID-19 Business-Interruption Claim by Ohio Private Pre-Schools November 9, 2021 By Jim Sams The 6th Circuit Court of Appeals on Nov. 5 affirmed the dismissal of another lawsuit seeking coverage for COVID-19 business-interruption...
Tokio Marine Insurance Singapore Hit by Ransomware Attack August 19, 2021 Tokio Marine Insurance Singapore Ltd. (TMiS), a subsidiary of Tokio Marine Group, announced it was hit by a ransomware cyber...
Insurer Tokio Marine Expects No Material Impact on 2021 Results from Greensill Collapse March 23, 2021 TOKYO – Japanese insurer Tokio Marine Holdings Inc said on Tuesday it currently expects no material impact on its results...
Greensill Capital Collapse Exposes Less-Than-Adequate Technological Capabilities March 22, 2021 By Lucca de Paoli Lex Greensill promoted his business as the future of finance, talking up a technology superior to Wall Street rivals that...
Greensill Capital Creditors, Led by Softbank, Submit More Than $1.4 Billion in Claims March 19, 2021 By Paulina Duran SYDNEY – Thirty-four creditors of Greensill Capital Pty, the Australian parent of the collapsed British supply chain financier, submitted over...
Tokio Marine Faces Larger-Than-Expected Exposure to Greensill Capital Meltdown March 19, 2021 By Patrick Winters and Taiga Uranaka Tokio Marine Holdings Inc. is facing a larger-than-expected exposure to the Greensill Capital meltdown after finding that reinsurance contracts intended...