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Founded Year



Acq - P2P | Acquired



About Novae Group

Novae Group is a diversified specialty (re)insurance business operating through Syndicate 2007 at Lloyd's and is listed on the London Stock Exchange. Novae writes property, casualty and marine, aviation and political risk business between offices in London and Bermuda.

Novae Group Headquarter Location

21 Lombard Street

London, England, EC3V 9AH,

United Kingdom

+44 (0) 20 7050 9000

Latest Novae Group News

Tokio Marine Kiln reveals new CFO

Sep 18, 2018

| Insurance Business Tokio Marine Kiln (TMK) has appointed Reeken Patel as chief financial officer (CFO), succeeding James Dover, who leaves the company after 12 years’ service, with the last eight in the CFO role. Patel joins TMK from AXIS Capital Holdings and formerly Novae Group plc. He was group CFO at Novae, overseeing the finance, risk, actuarial and investment teams. He played a significant role in Novae’s strategic development, ultimately overseeing the sale of the business to AXIS. Prior to Novae, Patel was a partner at PwC and its London market actuarial practice leader. “I am really pleased to welcome Reeken to our team at TMK,” said Charles Franks, Tokio Marine Kiln group CEO. “His background and outstanding track record speak for themselves and he will bring a new perspective and energy to the development of our business. Tokio Marine has developed a powerful international presence over the past 10 years and Reeken will be key to ensuring we continue to advance our strategy within the TM Group. “James leaves us after 12 transformative years during which his skills, insight and drive have played an important role in broadening the scope of the business globally. He has my and the board’s personal thanks for his many lasting achievements. We wish him every success in his future.” “I am genuinely excited to be joining TMK,” said Patel. “It’s one of the major businesses in the London market and has created a solid platform for growth. I look forward to playing my part in building the business further over the coming years.” Related stories:

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