Greensill Capital’s Funding Crisis Could Lead to Losses for Insurers, Banks: Analysis March 4, 2021 By Tom Bergin LONDON – A funding crisis at Greensill Capital could spill over to some of its high-risk borrowers and lead to...
Seeds of Greensill Capital’s Swift Fall Triggered When Credit Insurer Balked at Renewal March 3, 2021 By Lucca de Paoli and Nabila Ahmed The seeds for the rapid disintegration of Lex Greensill’s empire were sown eight months ago, when a little-known Australian insurer...
Tokio Marine Uses Tractable’s Artificial Intelligence Solution for Auto Claims in Japan May 11, 2020 Tokio Marine, the Tokyo-based property and casualty insurer, will use an artificial intelligence (AI) solution to process auto damage across...
Tokio Marine to Buy High Net Worth Insurer Pure for $3.1 Billion October 3, 2019 By Andrew G. Simpson Tokio Marine Holdings Inc. has agreed to buy U.S. high net worth insurer Privilege Underwriters Inc. and its specialty insurance...
Japanese Typhoons Put Downward Pressure on Creditworthiness of Insurers: S&P October 4, 2018 The recent run of large natural disasters to hit Japan likely has put downward pressure on the creditworthiness of the...
Ruoff Appointed Chief Executive Officer of Tokio Millennium Re April 2, 2015 Stephan Ruoff has been appointed chief executive officer of Tokio Millennium Re AG (TMR), a Zurich-based subsidiary of Tokio Marine...