Hints and tips:
...After acquisitions such as London-based Kiln in 2008, it makes more than half of its profit overseas....
...CK Tan in Shanghai, Kiran Sharma in Delhi, Shaun Turton in Phnom Penh, and Kim Dung Tong in Ho Chi Minh City A version of this article was first published by Nikkei Asia on April 21 2021. ©2021 Nikkei Inc...
...Bloomberg News on Tuesday reported that two executives had left Tokio Marine Kiln following harassment allegations....
...“When celebrities are linked with products, you’d expect a [positive] impact on sales,” argues Tom Hoad, head of innovation at insurance group Tokio Marine Kiln....
...Its video reports range from the hard-hitting and serious – slave labour in Pakistan’s brick kilns, for example – to the bizarre, such as the piece filed from the Westminster dog show (the US equivalent...
...A worker dries ceramic hot water bottles in the sun before they are fired in a kiln in Tajimi, Gifu, Japan....
...Six years ago Tokio Marine agreed to spend £442m on Kiln, one of the largest agencies. Tower Group of the US owns about 10 per cent of Canopius and management the remainder....
...The losses were spread throughout the market although a syndicate managed by Kiln, which is owned by Japanese general insurer Tokio Marine, took one of the biggest hits with estimated claims of about $700m...
...market have long expected a Chinese investment at Lloyd’s with some talking up the chances of a large Chinese group buying a business there, much as Tokio Marine, the Japanese insurer, did with its deal for Kiln...
...agricultural hub, according to a local businessman: flour mill (50 per cent internal rate of return) – premised on not paying any taxes or electricity bills Second most profitable industry currently: brick kiln...
...Kiln, a unit of Japan’s Tokio Marine that is one of the leading Lloyd’s of London underwriters, and specialist underwriter Parhelion, have jointly created a policy for an unnamed bank to insure its options...
...If she were trying today to get the loan of 1,200 sol for a new kiln that she secured a few years ago, she would be disappointed....
...Dan Trueman at Kiln, a Lloyd’s of London insurer that is involved in the DeWitt Stern product, says that because companies have become increasingly concerned about insuring intangible assets such as reputation...
...Tokio Marine, Japan’s largest non-life insurer, last year spent £442m ($693m) to acquire the UK’s Kiln, a Lloyd’s agent, and $4.7bn to buy Philadelphia, a US specialised insurer....
...Tokio Marine has been especially aggressive, paying $4.7bn last year for Philadelphia, a US non-life insurer, and £442m ($618m) for Kiln, the Lloyd’s of London agent, before that....
...Mr He argued, for example, that state-of-the-art internet spying could have prevented the Shanxi brick kiln slavery scandal and the damage it did to the country’s image....
...This year, Tokio Marine paid $4.7bn for Philadelphia, a US non-life insurer and prior to that, acquired Kiln, a Lloyds managing agency, for sterling 442m....
...Tokio Marine and Nichido, Japan’s leading non-life insurance company, has spent more than $5.5bn to acquire Kiln, one of the largest agencies trading in the Lloyds insurance market, and Philadelphia, a US...
...Against that background, Japan’s Tokio Marine this year acquired Kiln, the Lloyds agent, for Y95bn and Philadelphia Consolidated, a midsize non-life insurer in the US, for US$4.7bn....
...“If even one of these conditions is not met we will probably not do the deal,” he said, adding that both Philadelphia and Kiln met all conditions....
...The decision by Tokio Marine, which follows its acquisition this year of Kiln, the fourth-largest Lloyd’s managing agency, for £442m ($882m), highlights the pressure on Japanese non-life insurance groups...
...That helps to explain why Tokio, the industry leader, this year splashed out $4.7bn to acquire Philadelphia, a specialised insurance group in the US, and £442m ($726m, €564m) to acquire Kiln, the Lloyd’s...
...There are nine blocks, each of 5,420 sq metres, spread across eight hectares, with a central core that contained the engine rooms, boiler room kilns, granaries, even an artesian well....
...Shuzo Sueki, president, indicated that Tokio Marine, which also recently bought Kiln, the Lloyds agent, now needed to digest what it had swallowed....
...Mr Creasy would continue as chairman of RJ Kiln, Kiln’s principal UK operating company and as chief executive of Kiln, focusing on building the company’s international businesses....
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