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Tokio Marine

Tokio Marine HCC in October 2017 acquired the medical stop-loss operations of AIG through its wholly owned U.S. subsidiary, HCC Life. The deal includes renewal rights, inforce business and employees.  The acquired operations produce gross written premium of approximately $350 million and increase Tokio Marine HCC’s medical stop-loss business to over $1.3 billion of premium, making it one of the top three largest players in the medical stop-loss industry,

In the context of the impending Brexit, Tokio Marine Group in September 2017 announced plans to set up an insurance company in Luxembourg for writing European business. For decades, the group has been active in the European Economic Area through several of its subsidiaries, principally Tokio Marine HCC and Tokio Marine Kiln. Tokio Marine is aiming to have the new insurance company incorporated and capitalized within the first half