Mark Julian has been promoted to head of Tokio Millennium Re’s UK branch.
Julian will succeed Takayuki Sumi, who is returning to Japan to assume a new role within the Tokio Marine Group.
Prior to his new role, he served as chief risk officer and chief actuary at Tokio Millennium.
Stephan Ruoff, CEO of Tokio Millennium Re, commented: “We are delighted to [promote Julian] to head of Tokio Millennium Re UK. The UK branch is an important part of our business strategy going forward and I have full confidence in [his] ability to take the branch to the next level.”
Tokio Millennium Re received authorisation from the UK Prudential Regulation Authority to operate a branch office in the UK last month.
The UK branch will begin writing business on 1 July.