GCube launches locally admitted operation in Australia with Tokio Marine paperGCube, a subsidiary of Tokio Marine HCC, has expanded into Australia to meet regional demand for renewable energy underwriting with locally authorised paper issued by Tokio Marine & Nichido Fire Insurance Co Australia.
TMHCCI: 2022 major cyber incidents led by attacks on government institutionsCyber attacks against governmental institutions dominated the list of the 10 largest cyber incidents in 2022, led by Russian use of cyber warfare in Ukraine to supplement traditional combat, according to Tokio Marine HCC International.
Tokio Marine HCC posts 87% CR in Q2; international profits slide at group levelTokio Marine HCC (TMHCC) saw its combined ratio improve to 87 percent during the second quarter of the financial year, an improvement of 1.3 percentage points on the prior-year period.
Increased cyber exposures from digitalisation need clear coverages and exclusions: TMHCCIIt is the responsibility of insurers to be transparent with clear coverages and explicit exclusions in their cyber policies to and align expectations around what is covered, according to a whitepaper from Tokio Marine HCC International (TMHCCI).
TMHCCI moves London market operations to the Walkie TalkieTokio Marine HCC International (TMHCCI) is to relocate its London market operations, including renewable energy insurer GCube, to 20 Fenchurch Street, commonly known as the Walkie Talkie.
Tokio Marine Europe names de Pressigny as independent directorTokio Marine HCC (TMHCC) has appointed Renaud de Pressigny as non-executive director on the board of Tokio Marine Europe (TME).
Tokio Marine HCC expands contingency team with Bell and Bayat hiresTokio Marine HCC (TMHCC)’s Specialty Group has made several hires and promotions in London and Düsseldorf to strengthen its position in the contingency market.
TMHCC posts 87.9% CR in 2021 as NA growth drives 22% NWP increase in intl unitA strong performance from Tokio Marine’s US operations helped drive premium growth of almost 22 percent within the Japanese insurer’s international operations during the fiscal year ended 31 March 2022.
Former Hartford head of cyber Ingerslev re-emerges at Tokio Marine HCCThe former global head of cyber risk at The Hartford Jacob Ingerslev has re-emerged at the head cyber and tech underwriting at Tokio Marine HCC, The Insurer has learned.
Sompo Intl 9M surge highlights MS Amlin’s turnaround strugglesThe latest figures show the Japanese big three carriers’ international operations are travelling at different speeds.
Tokio Marine 9M results boosted by improved performances at Kiln and HCCTokio Marine Kiln (TMK) has seen the combined ratio for its core Lloyd’s business improve to below 90 percent for the first nine months of the financial year.
Tokio Marine HCC names Palotay cyber/professional lines presidentTokio Marine HCC’s cyber and professional lines group has announced chief underwriting officer Michael Palotay has become president of the group, succeeding Richard Robin who is retiring and will remain in a consultative capacity until 1 April.
Tokio Marine HCC adds AGCS’ Pajon to run European crisis managementTokio Marine HCC has bolstered its crisis management team with the hire of Doris Pajon from Allianz Global Corporate & Specialty (AGCS) to oversee its European operations, The Insurer has learned.
Tokio Marine international growth driven by North American expansionTokio Marine’s US operations drove premium growth within the Japanese insurer’s international operations during the quarter ended 30 June, boosted by continued improvements to the pricing environment.
TMHCC adds to US cyber capabilities with risk management hiresTokio Marine HCC has built out its capabilities in the cyber risk sector with the hires of Richard Savage and Alex Bovicelli as the carrier looks to enhance its offerings in the fast-growing and rapidly evolving market.
Tokio Marine HCC adds Faubert to target EEA credit and political risk growthTokio Marine HCC has added Benjamin Faubert as a senior underwriter within its European credit and political risk team.
Tokio Marine HCC profits rise on back of 15% rate increases in Q1Profits at Tokio Marine HCC rose 53 percent to ¥13.3bn ($121.2mn) during the three-month period ended 30 June on the back of average rate increases of 15 percent at renewals.
Tokio Marine HCC strengthens London professional risks team with triple hireTokio Marine HCC has expanded its professional risks team with a trio of London appointments.
Tokio Marine HCC stop loss chair Strusz retires with Ritchie named CEOTokio Marine HCC’s long-serving Daniel Strusz has retired from his role as chairman for the carrier’s stop loss platform while the unit’s president Jay Ritchie has been promoted to CEO.
Tokio Marine HCC committed to international contingency market despite recent turbulenceTokio Marine HCC has reaffirmed its commitment to the international contingency market and tasked Neil Paddon with leading its London market and Europe platform with the carrier offering “refreshed” limits of €50mn ($61mn) for event cancellation.