Tokio Marine unit cruises into US collector car market with $615m deal

Tokio Marine subsidiary Philadelphia Insurance (PHLY) has acquired a US collector vehicle insurer in a $615 million (JPY 94.7 billion) deal.

Already registered?

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Insurance

Hurricane Polo losing steam, still expected to cause damage; all eyes on cat bond triggers

28 September 2026 Parametric pre-occurrence trigger of 937mb signals relief for Mexican government.

Insurance

WTW brings AI into its Radar Vision portfolio platform

28 September 2026 Capability aims to identify emerging risks and translate signals into action.

Insurance

Brindle’s Fidelis plots IPO, offers inside look at ‘super MGA’ model

28 September 2026 No specifics yet on offer size, price or timing.

Hurricane Polo losing steam, still expected to cause damage; all eyes on cat bond triggers

Fortitude Re expands insurtech capabilities with annuity platform buy

WTW brings AI into its Radar Vision portfolio platform

Brindle’s Fidelis plots IPO, offers inside look at ‘super MGA’ model

Reinsurance prices won’t hit floor until 2030, says Jefferies

P&C market splits as property softens and casualty stays firm: IMA

Hive Underwriters moves into property D&F with Sompo veteran

Aon fires up infrastructure growth with gas power lifecycle programme

Tokio Marine unit cruises into US collector car market with $615m deal

More on this story

Editor's picks

Editor's picks

More articles