London
17 July 2017
Reporter: Stephanie Palmer
New chief underwriting officer at Tokio Millennium Re
Tokio Millennium Re (TMR) has appointed Brian Secrett as chief underwriting officer and a member of the executive committee, effective 1 October.

Based in the London office, Secrett will lead the underwriting and pricing functions at TMR, with responsibility for risk selection process and controls.

The role is intended to strengthen focus on analytics, in order to improve client services and underwriting results.

Secrett brings 30 years of experience to the role, joining from Lloyds, where he was interim head of underwriting performance. Previously, he held management positions at PartnerRe at Swiss Re.

The appointment is subject to regulatory approval.

Stephan Ruoff, CEO of TMR, said: “Brian Secrett’s expertise in underwriting, pricing and risk analytics combined with his long-term experience of building balanced underwriting portfolios, equips him perfectly for his new role at Tokio Millennium Re.”

More news
The latest news from Captive Insurance Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
OECD releases additional guidance on CbC reporting
21 July 2017 | Brussels | Reporter: Becky Butcher
The Organisation for Economic Co-operation and Development (OECD) has provided further guidance on the implementation of country-by-country (CbC) reporting under its framework on base erosion and profit shifting (BEPS) initiative
UK government sets out new ILS framework
21 July 2017 | London | Reporter: Becky Butcher
The UK Treasury has published new rules for insurance-linked securities (ILS) as the country aims to grab a share of the rapidly growing market
Arkansas captive tweaks a 'positive step forward', say lawyers
21 July 2017 | Little Rock | Reporter: Becky Butcher
Recent modifications to the captive insurance law in Arkansas are “a positive move forward to support and grow” the industry in the state
Superior ratings for MedGroup Pro
20 July 2017 | Oldwick | Reporter: Becky Butcher
A.M. Best has affirmed financial strength rating of “A++ (Superior)” and long-term issuer credit rating of “aa+” of the members of MedPro Group
Notice 2016-66 missing from Treasury list
20 July 2017 | Washington DC | Reporter: Becky Butcher
Notice 2016-66 is a notable absence from the US Treasury’s Donald Trump-ordered review of tax regulations, despite the Self-Insurance Institute of America (SIIA) asking for its inclusion
North Carolina captive industry sees ‘rapid growth’
19 July 2017 | Raleigh | Reporter: Becky Butcher
The North Carolina captive insurance industry experienced rapid growth in 2016, according to the state’s Department of Insurance
US agrees to sign US-EU covered agreement
18 July 2017 | Washington DC | Reporter: Becky Butcher
The US Department of the Treasury and the Office of the US Trade Representative have revealed their intent to sign the bilateral agreement between the US and EU regarding insurance and reinsurance