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Bermuda:Re+ILS Spring 2016

Spring 2016 8 Bermuda:Re/insurance+ILS At the sharp end of change Interview: Susan Lane As the risk transfer industry continues to evolve and alternative capital fi nds more ways of playing in the space, Susan Lane, the recently appointed co-chief executive of Tokio Solution, describes to Bermuda:Re+ILS her plans for the business and how she sees the market evolving. On January 1 this year, Susan Lane was appointed co-chief executive of Tokio Solution, the subsidiary of Tokio Millennium Re that facilitates deals in the so-called convergence market, allowing capital markets investors to access reinsurance risks and vice versa. Lane was promoted to the position less than a year after joining the company from Aon Insurance Managers (Bermuda) where she was the senior vice president of business development. She was initially made senior vice president, head of business development and client services at Tokio Solution in February 2015 before being promoted to her new role. Lane now has responsibility for the day-to-day management of Tokio Solution, leading the client-facing, business development activities including growth strategies, product development and marketing. Lane holds that position alongside Tsuyoshi Harigai, who is also head of operations for the Bermuda branch of Tokio Millennium Re and member of the Tokio Solution board of directors. Harigai joined the Tokio Marine group in 1995, starting his career in the international insurance and reinsurance business as a reinsurance underwriter. In his new role, he manages corporate operations. The co-CEOs take the reins from Kathleen Faries, who has become head of the Bermuda branch of Tokio Millennium Re. Lane takes the position at a particularly interesting time for Tokio Solution. The winds of change have well and truly transformed the risk transfer industry in recent years, with so-called alternative capital fi nding ways to enter the market through increasingly sophisticated but also tried and tested means ranging from full scale insurance-linked securities (ILS) to sidecars to private, bespoke deals facilitated privately. Against this backdrop, Tokio Solution is well placed. Formed in 2012 as an insurance manager to act as a full service market facilitator to the convergence market, Tokio Solution has capitalised on the desire from “We form very deep relationships and a lot of effort goes into establishing how well we work together.” Susan Lane MMATEE / SHUTTERSTOCK.COM


Bermuda:Re+ILS Spring 2016
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