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RenaissanceRe Completes Acquisition Of TMR

RenaissanceRe Completes Acquisition Of TMR

RenaissanceRe Holdings Ltd. today [March 22] announced that it has concluded its acquisition of Tokio Millennium Re [TMR]. The acquisition was originally announced on October 30, 2018 and the completion follows the receipt of all necessary regulatory approvals. Kevin J. O’Donnell, President and Chief Executive Officer of RenaissanceRe, said: “The... Read more of this article

Job Losses At Tokio Millenium Re Bermuda

Job Losses At Tokio Millenium Re Bermuda

[Written by Don Burgess] A number of people in Bermuda have lost their jobs at Tokio Millenium Re. RenaissanceRe acquired TMR in October 2018 for $1.5 billion. A spokesperson for RenRe, said in a statement, “Starting this week, we began communicating with employees of Tokio Millennium Re about our intentions regarding personnel once our acquisition... Read more of this article

TMR Spreads Holiday Cheer At Lefroy House

TMR Spreads Holiday Cheer At Lefroy House

Tokio Millennium Re [TMR] has been spreading holiday cheer to the residents of Lefroy House for the past six years. It all started when TMR supported the Centre on Philanthropy’s Holiday Cheer appeal and picked Lefroy House back in 2013. Back then, the residents were asked for their wish list and members of the TMR Donations Committee went out and... Read more of this article

TMR Spreads Holiday Cheer At Lefroy House

TMR Spreads Holiday Cheer At Lefroy House

For the past five years, Tokio Millennium Re [TMR] has been spreading holiday cheer to the residents of Lefroy House. It all started when TMR supported the Centre on Philanthropy’s Holiday Cheer appeal and picked Lefroy House back in 2013. Back then the residents were asked for their wish list and members of the TMR Donations Committee went out and... Read more of this article

Photos & Video: TMR Gives Back To Community

Photos & Video: TMR Gives Back To Community

Clearing invasive undergrowth, helping to feed those in need, gardening and clearing at an arts foundation: a day’s work for dozens of staff at one of the Island’s leading reinsurance firms. More than 70 employees at Tokio Millennium Re [TMR] took part in the firm’s annual Day of Giving yesterday [April 19] helping charities across the Island. Kathleen... Read more of this article

Richard Bennison Joins TMR Board Of Directors

Richard Bennison Joins TMR Board Of Directors

Tokio Millennium Re AG [TMR]  announced the appointment of Mr. Richard Bennison to its Board of Directors as an Independent Non-Executive Director with immediate effect. Mr. Bennison has over 35 years of experience in the financial sector. He has spent the majority of his career with KPMG where he most recently held the positions of Chief Operating... Read more of this article

Tokio Millennium Re Support ‘Dive In Festival’

Tokio Millennium Re Support ‘Dive In Festival’

Tokio Millennium Re – one of the Island’s well established reinsurance companies with nearly 200 employees globally from over 30 countries — said they promote diversity in the workplace and support the upcoming Dive In Festival. The 2nd Dive In Festival will take place from September 27 to September 29 with Bermuda now one of 16 locations... Read more of this article

Photos & Video: Tokio Millennium Re Gives Back

Photos & Video: Tokio Millennium Re Gives Back

More than 60 employees from Tokio Millennium Re, a Bermuda-based reinsurance firm, showed their community spirit yesterday, helping four charities with work ranging from digging out roots to preparing meals. Tokio Millennium Re held its fourth annual Day of Giving which sees employees working on a variety of projects that benefit different parts of... Read more of this article

TMR Appoints Andreas Kull To Chief Risk Officer

TMR Appoints Andreas Kull To Chief Risk Officer

Tokio Millennium Re AG [TMR]  announced the appointment of Mr. Andreas Kull to the role of Chief Risk Officer [CRO] and member of the Executive Committee of TMR with effect from today. Andreas Kull will succeed Akira Higuma, current CRO, who after five years at TMR will return to Japan as the group leader of Global Risk Management, a unit within the... Read more of this article

Tokio To Continue To Sponsor Tyler Butterfield

Tokio To Continue To Sponsor Tyler Butterfield

Tokio Millennium Re [TMR] announced they will continue to sponsor Tyler Butterfield, saying the professional triathlete is an “exceptional ambassador for sport and for Bermuda.” Stephan Ruoff, CEO of Tokio Millennium Re, shared the Company’s excitement about the relationship saying, “Tyler is an exceptional ambassador for sport and... Read more of this article

A.M. Best Affirms Ratings Of Tokio Millennium Re

A.M. Best Affirms Ratings Of Tokio Millennium Re

A.M. Best has affirmed the financial strength rating of A++ [Superior] and the issuer credit rating of “aa+” of Tokio Millennium Re AG. and the outlook for both ratings is stable. A statement from the ratings agency said, “TMR is a wholly owned subsidiary of Tokio Marine & Nichido Fire Insurance Co., Ltd. [TMNF], which is the main trading... Read more of this article

Tokio Appoints Butch Agnew As VP ILS Portfolio

Tokio Appoints Butch Agnew As VP ILS Portfolio

Tokio Solution Management Ltd. announced the appointment of Butch Agnew as Vice President, ILS Portfolio Management. Susan Lane, co-CEO of Tokio Solution, commented: “We are delighted to welcome Butch to Tokio Solution in this new role responsible for developing client relationships and managing business strategies. “His appointment underscores... Read more of this article

Co-CEOs: Tokio Solution Appoint Lane & Harigai

Co-CEOs: Tokio Solution Appoint Lane & Harigai

Tokio Solution Management Ltd. announced the appointment of Susan Lane and Tsuyoshi “Harry” Harigai as co-CEOs effective 1 January 2016. Ms. Lane and Mr. Harigai will assume the leadership of Tokio Solution from current CEO, Kathleen Faries, who will become Head of the Bermuda Branch of Tokio Millennium Re AG [TMR] on 1 January 2016, as previously... Read more of this article