Hashtag: #TokioMillenniumReLtd

Tokio Donates $50,000 To The Reading Clinic

Tokio Donates $50,000 To The Reading Clinic

Tokio Millennium Re made a significant donation to The Reading Clinic, Bermuda’s only charity dedicated to enhancing the literacy and numeracy skills of children with learning difficulties. The Bermuda-based reinsurance company has become the lead sponsor of the Clinic’s Core Reading Programme after presenting the Clinic with a cheque for $50,000. The... Read more of this article

Tokio Re Form Two New Corporations

Tokio Re Form Two New Corporations

Bermuda-based Tokio Millennium Re Ltd. announced the formation of two new corporations: Tokio Solution Management Ltd. (TSM), an insurance management company, and Shima Reinsurance Ltd. (Shima Re), a Bermuda-domiciled segregated accounts company. The launch of these two wholly-owned companies represents the next step in TMR’s long-standing objective... Read more of this article

Tokio Re Expands EQECAT Ties

Tokio Re Expands EQECAT Ties

Bermuda’s Tokio Millennium Re [TMR] has expanded its relationship with catastrophe modelling firm EQECAT by globally licensing EQECAT’s WORLDCATenterprise — a global catastrophe risk modelling platform that includes 181 natural hazard models for 95 countries and territories spanning six continents. In addition, TMR will be automating... Read more of this article

A.M Best Upgrades Tokio Millennium Re

A.M Best Upgrades Tokio Millennium Re

A.M. Best Co. today [Nov.4] upgraded the financial strength rating to A++ [Superior] from A+ [Superior] and the issuer credit rating to “aa+” from “aa-” of Bermuda’s Tokio Millennium Re Ltd. The outlook for both ratings is stable. Based on Pitts Bay Road, TMR is a wholly owned subsidiary of Tokio Marine & Nichido Fire... Read more of this article

Tokio Youth Mountain Bike Series Schedule

Tokio Youth Mountain Bike Series Schedule

Every Bermuda child is a winner who participates in the popular Tokio Youth Mountain Bike Series. The free seven race series, sponsored by Tokio Millenium Re Ltd. and Bicycle Works, is sanctioned by the Bermuda Bicycle Association, returns for a sixth year on November 19th. Its aim is to introduce primary school aged children to cycling as a way to... Read more of this article

Tokio Millennium Opens Australian Branch

Tokio Millennium Opens Australian Branch

Bermuda-based Tokio Millennium Re Ltd., a subsidiary of Japan’s Tokio Marine & Nichido Fire Insurance Co., Ltd., today [Mar.3] announced the Australian Prudential Regulation Authority [APRA] has authorised the firm’s Australian branch to carry on insurance business in the country. Tokio Millennium Re Ltd.’s Australia branch [TMRA] is an... Read more of this article

Bermuda Reinsurer Wins Florida Approval

Bermuda Reinsurer Wins Florida Approval

Florida has approved lower collateral payments allowing another Bermuda reinsurer to particpate in its insurance market under modified reguilatory terms. Tokio Millennium Re Ltd., a subsidiary of Tokio Marine & Nichido Fire Insurance Co., Ltd., said today [Feb. 28] it has been granted approval by the Florida Office of Insurance Regulation (OIR)... Read more of this article