The Toa Reinsurance Company (Toa Re) is adding life reinsurance to the product offerings of Toa Re Europe (TRE) based in Zurich, in addition to P&C reinsurance business which it started underwriting from end of 2018.
The Toa 21st Century Reinsurance Company (TTFC), domiciled in Switzerland, is a wholly owned licensed reinsurance subsidiary of Toa Re since 2002 and assumes reinsurance from third party clients mainly in EMEA under the trading name “Toa Re Europe”.
“Life reinsurance business is an important pillar of our group strategy and we are excited that we can expand our offering for the EMEA clients in Zurich,” said Mr Philippe Regazzoni, CEO of Toa Re Europe.
Toa Re is the sole domestic professional reinsurer in Japan providing both life and non-life coverages. Over the last 80 years, the company has established a leading market position, and secured a highly diversified, well-balanced and stable portfolio of business.