Tokio Marine Europe S.A. in Luxembourg gains regulatory approval
Tokio Marine Group has received regulatory approval from the Commissariat aux Assurances (CAA) and the Japanese Financial Services Authority (JFSA) to set up a new insurance company, Tokio Marine Europe S.A.
The well-capitalised insurance company will operate as a Tokio Marine HCC subsidiary in partnership with Tokio Marine Kiln. Thibaud Hervy, Chief Underwriting Officer for Specialty Lines at Tokio Marine HCC, has been appointed as the Chief Executive Officer of the company.
To read the full article from Tokio Marine HCC International, including commentary from CEO Barry Cook, click the link below…..
Tokio Marine HCC is a leading specialty insurance group conducting business in approximately 180 countries and underwriting more than 100 classes of specialty insurance. Headquartered in Houston, Texas, the company is comprised of highly entrepreneurial teams equipped to underwrite special situations, companies and individuals, acting independently to deliver effective solutions. Our products and capabilities set the standard for the industry, as many of our nearly 2,600 employees are industry-leading experts. Tokio Marine HCC is part of Tokio Marine, a premier global company with a market cap of approximately $31 billion (Market Cap as of 12/31/2016).
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