Tokio Marine Kiln launches specialist reinsurance division

Tokio Marine Kiln (TMK), the international specialist insurer, has announced the formation of a new specialist reinsurance division to support the company’s growth ambitions in the sector.

The new division will be led by Phil Taylor, who will be appointed head of specialist reinsurance. He will focus on building TMK’s global specialty reinsurance portfolio and will join TMK in early 2025.

Taylor has over 25 years of experience in the specialist insurance industry and has spent the past four years with Everest, most recently as global head of specialist reinsurance and previously as global head of aerospace.

Prior to Everest, he held various underwriting roles at Liberty Specialty Markets and Novae, as well as 13 years with Aon as an aviation reinsurance broker.

“TMK’s reinsurance expertise is renowned across the market and we are extremely well positioned to build our portfolio,” commented Vivek Syal, chief underwriting officer at TMK, in a statement. “Phil is an exceptional underwriter and business leader and I am delighted to bring him on board to work with our Heads of Underwriting to expand our presence in this strategically significant class and deliver outstanding service to our clients. “

Source: Tokio Marine Kiln

TOPICS
Excess reinsurance in new markets