Tokio Marine News
Tokio Marine Commits $374M for Insurance Joint Venture With Brazil’s Caixa Bank
Tokio Marine Holdings Inc. said it will pay $374 million to form a joint venture to sell mortgage and homeowners insurance for Caixa Econômica Federal, the Brazilian state-owned bank. Caixa's ...
PURE, Soon to Join Tokio Marine, Hires AIG Vet as Chief Growth Officer
A veteran Chubb and AIG executive is joining the PURE Group of Insurance Companies as its chief growth officer. Jerry Hourihan will also be given the title of senior vice president. In his new role, ...
A Red Sox/Yankees Game Helped Bring Tokio Marine and PURE Group Together
PURE Group, the high-net-worth insurer set to be acquired by Tokio Marine Holdings Inc., had been on the Japanese company's radar for more than a decade. After PURE was created in 2006, Tokio Marine ...
Tokio Marine to Grab PURE Group in $3.1B Deal
Tokio Marine Holdings Inc will buy insurer PURE Group for about $3.1 billion, it said on Thursday, marking its fourth sizable acquisition in the United States in a little over a decade. Japanese ...
Tokio Marine Will Put One of Its UK Insurance Companies Into Runoff
Tokio Marine Group is putting one of its UK insurance companies, Tokio Marine Kiln Insurance (TMKI), into run-off. Going forward, Tokio Marine Kiln (TMK) will focus on its Lloyd's businesses. The ...
After $17B in Acquisitions, Tokio Marine Promises More to Come
Tokio Marine Holdings Inc. is seeking acquisition opportunities in Asian emerging markets and elsewhere as it seeks to double profits from those regions, according to the new chief of Japan's largest ...
Executives On The Move at Tokio Marine and W.R. Berkley Corp.
An ex-AIG executive signed on with Tokio Marine HCC as its new business innovation officer. W.R. Berkley Corp. promoted a veteran executive to president of Berkley North Pacific.
Tokio Marine Workers Comp Carrier Safety National Acquires an MGA
Workers compensation carrier Safety National Casualty Corp. has acquired Midlands Management Corporation, a managing general agent and wholesale broker. The deal gives both companies access to new ...
Large Commercial Carriers Still Generate Sizable Customer ‘Indifference’: J.D. Power Survey
Large commercial insurers are still generating indifference from a sizable chunk of their client base, even though overall customer satisfaction has improved slightly, according to a new J.D. Power ...