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tokiomarine.com.au

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About Tokio Marine Management Australasia

Tokio Marine Management Australasia underwrites marine insurance and risks.

Tokio Marine Management Australasia Headquarter Location

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Latest Tokio Marine Management Australasia News

Canopius taps Claudio Saita to head new Australia office

May 1, 2019

Canopius is in the final processes of opening an office in Sydney, Australia, and has hired Claudio Saita to lead the new entity. Previously deputy CEO and executive director of Tokio Marine Management Australasia, where he spent 10 years, Saita’s immediate focus at Canopius will be on building a team and engaging locally with existing and new partners. He will report to Mark Newman, Canopius’ CEO of Apac and Mena. Speaking about his appointment, Saita says: “Growing the Canopius portfolio in Australia and New Zealand is a very exciting proposition. This region presents significant opportunities for committed and locally empowered carriers that embrace technology.” As part of its ongoing expansion in the Asia Pacific region, the firm’s new Sydney operation will be open to underwrite business in time for the June 30 renewal season, and will provide a local underwriting hub for business in Australia and New Zealand, targeting a combination of SME business via coverholders, wholesale direct and facultative, as well as reinsurance treaty business.

Tokio Marine Management Australasia Acquisitions

2 Acquisitions

Tokio Marine Management Australasia acquired 2 companies. Their latest acquisition was AHI on July 05, 2019.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

7/5/2019

Acquired

1

4/10/2019

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$99M

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10

Date

7/5/2019

4/10/2019

Investment Stage

Companies

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Valuation

Total Funding

$99M

Note

Acquired

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Sources

1

10

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