Merger between Kiln and Tokio Marine Europe

The merger between Kiln (Lloyd's syndicate/subsidiary Tokio Marine Group) and Tokio Marine Europe will become effective on January 1^st, 2015.

Called Tokio Marine Kiln, the new entity would weigh more than 2.7 billion USD in gross premiums at its creation.

As a reminder Kiln and Tokio Marine Europe respectively recorded 2.4 billion USD and 2.75 billion USD in gross premiums in 2012.