article thumbnail

Adaptive Insurance, Tokio Marine HCC Partner on Power Outage Losses

Insurance Journal

Adaptive Insurance, a provider of parametric insurance solutions, has partnered with specialty insurer Tokio Marine HCC on GridProtect—an insurance product for short-term power outages. The flagship product from Adaptive, which says it is building an AI-driven platform to businesses create …

Marine 207
article thumbnail

Tokio Marine Launches Green Unit, Eyes $1 Billion Revenues by 2030

Insurance Journal

Japanese insurer Tokio Marine has set up a unit to insure activities linked to the low-carbon transition such as green hydrogen, shipping and cement and is targeting $1 billion in revenues by the end of the decade, its chair told …

Marine 214
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Tokio Marine Hunts for Deals Abroad, Sees Room for Growth in US

Insurance Journal

Tokio Marine Holdings Inc. sees scope for further expansion in the US as Japan’s largest property-and-casualty insurer explores acquisition opportunities around the world, its new chief executive officer said. “We want to expand in countries other than the US for …

Marine 179
article thumbnail

Boatowners Beware! Buy a Marine Policy Rather Than Relying Upon a Homeowners Policy For Coverage

Property Insurance Coverage Law

Buy a Marine Policy Rather Than Relying Upon a Homeowners Policy For Coverage appeared first on Property Insurance Coverage Law Blog. Some people accuse me of collecting boats the way others collect coffee mugsexcept instead of cluttering up my kitchen cabinets, theyre taking up space in marinas, driveways, and any patch of water I can find.

Policy 195
article thumbnail

People Moves: Tokio Marine HCC Int’l Promotes Gower as Head of Marine and Energy Liability; Miller Launches M&A and Strategic Solutions Team With 3 Senior Hires

Insurance Journal

This edition of International People Moves details appointments at Tokio Marine HCC International and the broker Miller. Tokio Marine HCC Int’l Promotes Gower as Head of Marine and Energy Liability Tokio Marine … A summary of these new hires follows here.

Marine 147
article thumbnail

Samsung Fire & Marine Insurance Increases Stake in Lloyd’s Insurer Canopius

Insurance Journal

Canopius Group, the London-based specialty and property/casualty insurer and reinsurer, announced that Samsung Fire & Marine Insurance (SFMI) has entered into an agreement to purchase an additional 21% equity stake, bringing its shareholding to 40%. This stake has been purchased …

Marine 165
article thumbnail

Tokio Marine Kiln Launches Specialty Reinsurance Division

Insurance Journal

Tokio Marine Kiln (TMK), the international specialist insurer, announced the formation of a new Specialty Reinsurance division to support the company’s growth ambitions in the sector. The new division will be led by Phil Taylor who will be appointed head …

Marine 264