News Reinsurance05 Nov 2018

Japan:Tokio Marine sells reinsurance subsidiaries to RenaissanceRe

| 05 Nov 2018

Tokio Marine Holdings - which holds Tokio Marine & Nichido Fire Insurance (TMNF), as its main domestic P&C insurance subsidiary - has agreed to sell 100% of Tokio Millennium Re (TMR) and Tokio Millennium Re [UK] (TMRUK), currently owned by TMNF, to RenaissanceRe Holdings, a Bermuda based reinsurer.

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