Tokio Millennium Re Ltd
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Tokio Millennium Re Ltd
Tokio Millennium Re Ltd. (abbreviated as TMR) is a reinsurance company headquartered in Hamilton, Bermuda with branches in Stamford, Connecticut, USA, Zurich, Switzerland and Sydney, Australia. The lines of business written include property catastrophe, workers compensation and terrorism. TMR was established in Bermuda in 2000 as a subsidiary of Tokio Marine & Nichido Fire Insurance Co., Ltd. and is licensed as a class 3B insurance company in Bermuda. TMR is currently rated AA- (Very Strong) by Standard & Poor's and A++ (Superior) by A. M. Best. Company history First announcements about the establishment of TMR with an initial capital of US$125 million in Bermuda were made in 2000. TMR was expected to start its operation beginning of April 2000 with Shin-ichiro Okada named as CEO. The parent company initially announced that TMR's primary mission was not to earn a profit through assumed reinsurance but to use reinsurance as a tool to make effective use of its capital. Ef ...
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Hamilton, Bermuda
The City of Hamilton, in Pembroke Parish, is the territorial capital of the British Overseas Territory of Bermuda. It is the territory's financial centre and a major port and tourist destination. Its population of 854 (2016) is one of the smallest of any capital city. History The history of Hamilton as a British city began in 1790 when the government of Bermuda set aside for its future seat, officially incorporated in 1793 by an Act of Parliament, and named for Governor Henry Hamilton. The colony's capital relocated to Hamilton from St George's in 1815. The city has been at the political and military heart of Bermuda ever since. Government buildings include the parliament building, the Government House to the north, the former Admiralty House of the Royal Navy to the west (both in Pembroke), and the British Army garrison headquarters at Prospect Camp to its east. The Town of Hamilton became a city in 1897, ahead of the consecration in 1911 of the Cathedral of the Most ...
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Tokio Millennium House Bermuda - Take 2
Tokio may refer to: * , the capital of Japan, used primarily in non-English-speaking countries may also refer to: Music * Tokio (band), a Japanese pop/rock band ** ''Tokio'' (album), their debut album * Tokio Hotel, a German rock band * Tokio, a Japanese singer Kenji Sawada's album and song Places * Tokio, North Dakota, a community in the United States * Tokio, Texas, a community in the United States * Tokio, Washington, a ghost town Companies and other organizations * Tokio Marine Nichido, a Japanese insurance company * Tokio Millennium Re Ltd., a reinsurance company Other uses * Tokio (given name), a masculine Japanese given name * 498 Tokio, a minor planet * '' Toki'', a 1986 video game originally released as ''Scramble Formation'' * ''City of Tokio'', an iron steamship built in 1874 in the USA * ''Tokio'' (yacht) * ''Tokio Express'', a container ship that caused the great Lego spill of 1997 * Tokio (software) Tokio is a software library for the Rust programmi ...
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Insurance Companies Of Bermuda
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by o ...
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Financial Services Companies Established In 2000
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessme ...
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Reinsurance Companies
Reinsurance is insurance that an insurance company purchases from another insurance company to insulate itself (at least in part) from the risk of a major claims event. With reinsurance, the company passes on ("cedes") some part of its own insurance liabilities to the other insurance company. The company that purchases the reinsurance policy is called a "ceding company" or "cedent" or "cedant" under most arrangements. The company issuing the reinsurance policy is referred to as the "reinsurer". In the classic case, reinsurance allows insurance companies to remain solvent after major claims events, such as major disasters like hurricanes and wildfires. In addition to its basic role in risk management, reinsurance is sometimes used to reduce the ceding company's capital requirements, or for tax mitigation or other purposes. The reinsurer may be either a specialist reinsurance company, which only undertakes reinsurance business, or another insurance company. Insurance companies ...
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Triathlon
A triathlon is an endurance multisport race consisting of Swimming (sport), swimming, Cycle sport, cycling, and running over various distances. Triathletes compete for fastest overall completion time, racing each segment sequentially with the time transitioning between the disciplines included. The word is of Greek language, Greek origin, from τρεῖς or ''treis'' (three) and ἆθλος or ''athlos'' (competition). The sport originated in the late 1970s in Southern California as sports clubs and individuals developed the sport. This history has meant that #Nonstandard variations, variations of the sport were created and still exist. It also led to other three-stage races using the name triathlon despite not being continuous or not consisting of swim, bike, and run elements. Triathletes train to achieve endurance, strength and speed. The sport requires focused persistent and Sports periodization, periodised training for each of the three disciplines, as well as combination ...
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Tyler Butterfield
Tyler Barbour Butterfield (born February 12, 1983) is an athlete from Bermuda. He competes in road bicycle racing and triathlon events. He became Bermuda's first ever professional triathlete in 2002. He was voted Bermuda's male athlete of the year in 2006 and 2013. Butterfield was the youngest male competitor at the second Olympic triathlon at the 2004 Summer Olympics. He placed thirty-fifth with a total time of 1:58:26.99. Butterfield was born in Pembroke Parish. In 2007, he competed for Team Slipstream, a UCI Professional Continental Team. In 2006, he raced as an amateur cyclist for the Vendee U team based in France. He finished 11th in the cycling road race at the 2006 Commonwealth Games in Melbourne. At the 2012 Summer Olympics, he again competed in the men's triathlon, finishing in thirty-fourth with a time of 1:50:32. Following the 2012 Games, Butterfield elected to focus on long-course triathlons. In 2013 Butterfield finished seventh at the Ironman World Championship on ...
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Raleigh International
Raleigh International is a youth expedition organisation based in the UK. On 19 May 2022 Raleigh International Trust ceased operations and entered Creditors' Voluntary Liquidation. The Raleigh International brand was bought by Impact Travel Group on 11th July 2022 and will be relaunching with new expeditions in 2023. They work in remote, rural areas to improve access to safe water and sanitation, build community resilience, sustainably manage natural resources, and to protect vulnerable environments. Established in 1984 as Operation Raleigh, 40,000 young people have been part of a Raleigh expedition. Raleigh International's work Raleigh International operates in Costa Rica, Nicaragua and Nepal, with permanent offices in these countries. Long-term partnerships have been established with local communities, NGOs and government departments, ensuring projects are needed and sustainable. Past countries have included Chile, Ghana, Namibia, Malaysia, Mongolia and Fiji. All volunteers ...
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Credit Rating
A credit rating is an evaluation of the credit risk of a prospective debtor (an individual, a business, company or a government), predicting their ability to pay back the debt, and an implicit forecast of the likelihood of the debtor defaulting. The credit rating represents an evaluation of a credit rating agency of the qualitative and quantitative information for the prospective debtor, including information provided by the prospective debtor and other non-public information obtained by the credit rating agency's analysts. Credit reporting (or credit score) – is a subset of credit rating – it is a numeric evaluation of an ''individual's'' credit worthiness, which is done by a credit bureau or consumer credit reporting agency. Sovereign credit ratings A sovereign credit rating is the credit rating of a sovereign entity, such as a national government. The sovereign credit rating indicates the risk level of the investing environment of a country and is used by investors whe ...
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Reinsurance
Reinsurance is insurance that an insurance company purchases from another insurance company to insulate itself (at least in part) from the risk of a major claims event. With reinsurance, the company passes on ("cedes") some part of its own insurance liabilities to the other insurance company. The company that purchases the reinsurance policy is called a "ceding company" or "cedent" or "cedant" under most arrangements. The company issuing the reinsurance policy is referred to as the "reinsurer". In the classic case, reinsurance allows insurance companies to remain solvent after major claims events, such as major disasters like hurricanes and wildfires. In addition to its basic role in risk management, reinsurance is sometimes used to reduce the ceding company's capital requirements, or for tax mitigation or other purposes. The reinsurer may be either a specialist reinsurance company, which only undertakes reinsurance business, or another insurance company. Insurance companies ...
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RenaissanceRe
RenaissanceRe Holdings Ltd is a Bermudian provider of reinsurance, insurance Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge ... and other related business services. The company operates in reinsurance, insurance and ventures. Reinsurance includes Renaissance Reinsurance Ltd., DaVinci Reinsurance Ltd., Top Layer Reinsurance Ltd., RenaissanceRe Europe AG, RenaissanceRe Syndicate 1458, and RenaissanceRe Specialty U.S. Ltd. The insurance segment includes RenaissanceRe Syndicate 1458. Ventures include RenaissanceRe Ventures Ltd. and Renaissance Underwriting Managers, Ltd. In 2013, the company's annual revenue was 405,209,000 dollars. References External links * {{Authority control Financial services companies established in 1993 Companies listed on the New York Stock Exch ...
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