Tokio Marine to sell reinsurance units

Sun, 11/11/2018 - 13:09
by ITIJ

In response to a cluster of natural disasters that has hit the reinsurance segment hard, Tokio Marine has announced its intention to move away from European reinsurance, selling its wholly owned units Tokio Millennium Re AG and Tokio Millennium Re (UK) Ltd to Bermuda-based reinsurer RenaissanceRe Holdings.

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