Tokio Marine News
Japanese M&A Wave to Continue in U.S. Insurance Market: Bankers
Japanese insurers made more than $18 billion worth of acquisitions in the U.S. last year, and their spending spree isn't over yet, industry dealmakers said on Tuesday. Japan has a number of large, ...
Japan’s Insurers Pushing For Significant Hike in Quake Insurance Premiums
Japan's insurance companies are pushing for an average 19 percent increase in earthquake premiums as they reassess risk following the unprecedented magnitude 9 quake four years ago. The increase ...
Tokio Marine Looking at China Expansion
Tokio Marine Holdings Inc., fresh from its biggest acquisition in the U.S., is now looking for opportunities in China. The insurer plans to utilize its ties with Citic Group Corp., China's biggest ...
Japanese Insurers Eye More U.S. Acquisitions
Japanese insurers including MS&AD Insurance Group Holdings Inc. and Sompo Japan Nipponkoa Insurance Inc. are seeking mergers with peers in the United States, as a declining population at home ...
Sizing Up the P/C M&A Landscape; Analyst Wary of ‘Industrial’ Buyers
A fixed income analyst specializing in the property/casualty insurance sector is growing uncomfortable with a potential trend he sees developing in the M&A landscape—interest in insurance ...
Tokio Marine’s $7.5B Grab For HCC Keeps Its Global Growth Engine Running
Tokio Marine Holdings' planned $7.5 billion acquisition of HCC Insurance Holdings announced June 10 is all about keeping global growth and diversification growing, and making that happen by snatching ...
Tokio Marine Broadens Diversification with $7.5B Purchase of HCC Insurance
Tokio Marine Holdings Inc said on Wednesday it had agreed to buy U.S. specialty insurer HCC Insurance Holdings Inc for $7.5 billion, in what would be the biggest M&A deal this year by a Japanese ...
S&P Ups Philadelphia Insurance Rating to ‘AA-‘
Philadelphia Insurance Companies announced Tuesday that Standard & Poor's upgraded the company's financial strength to "AA-" from "A+" last week. S&P's action, lifting the ratings of the ...