Tokio Millennium Re's ILS arm announces departure of co-CEO
Posted On: Dec. 13, 2016 5:00 AM CSTSwitzerland-based Tokio Millennium Re A.G.'s reinsurance, insurance-linked securities and third-party capital arm Tokio Solution Management Ltd. has announced the departure of its co-chief executive Susan Lane, Artemis.bm reported. Tokio Solution's board said that it is simplifying the management structure as a result of a strategic review following the evolution of Tokio Millennium Re's third-party reinsurance capital strategy. Ms. Lane has been co-chief executive since November 2015. Tsuyoshi Harigai will now be the sole chief executive at Tokio Solution.