Categorized | Disaster

Finance unions cool on base-pay hikes as negative rates bite

Finance unions cool on base-pay hikes as negative rates bite
Sompo Japan Nipponkoa Insurance's union will also skip demands for base-pay increases this year. Although the … Additionally, the unions of Sumitomo Mitsui Banking and Tokio Marine & Nichido Fire Insurance intend to forgo requests for base-pay raises.
Read more on Nikkei Asian Review

Early redemption for TMNF ILS
The transaction provides for six early redemption events. The cedent, Tokio Marine & Nichido Fire Insurance Co, sent a notice to the issuer electing to exercise an early redemption event VI. This event permits the cedent to terminate the reinsurance …
Read more on Structured Credit Investor (subscription)

A.M. Best Affirms Ratings of Tokio Millennium Re AG
TMR is a wholly owned subsidiary of Tokio Marine & Nichido Fire Insurance Co., Ltd. (TMNF), which is the main trading subsidiary of Tokio Marine Holdings, Inc. (Tokio Marine Group). Both companies are domiciled in Tokyo, Japan. TMR is domiciled in …
Read more on Business Wire (press release)

CIO Japan 2012 – Speaker Presentation Abstract – T. Makino – Tokio Marine & Nichido Fire Insurance


 

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