Insights
PODCAST: TMK’s “strategy is unaltered" against market shifts in 2024, says Vivek Syal
By Vivek Syal
Wednesday, March 20, 2024
Tokio Marine Kiln's incoming Chief Underwriting Officer Vivek Syal took part in a podcast interview with the Insurance Insider ahead of the transition into his new role from 1 April.
In it he discussed TMK's ambitions, his priorities as CUO and current market conditions, and emphasised that our strategy is unchanged:
“Even if you do believe the market overall is starting to balance itself out or moderate itself, our mission at TMK is remaining unaltered.
“Our strategic objectives are unchanged, our bottom-line focus is unchanged. We are going to be seeking growth, but it will never be for me, or for any of us at TMK, at the cost of sacrificing our combined ratio targets," he said.
Acknowledging the complex business environment, he said “assessing risk and rating momentum is probably as risky as it has really been for business."
Vivek also highlighted the role data and technology will play in enabling our underwriters to focus on solving customers' needs, our exceptional underwriting expertise, and TMK's strong culture of ambition which is supported by the long-term view taken by our parent company Tokio Marine Group.
Listen to the 15 minute podcast interview here and make sure you follow our LinkedIn page for news updates.
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