Press Release

Morgan Lewis Advises Tokio Marine Highland in Sale of US Construction Division to Intact Insurance Group

June 17, 2022

HARTFORD, June 17, 2022: Morgan Lewis is representing global specialist insurance company Tokio Marine Kiln (TMK) and its subsidiary Tokio Marine Highland (TMH) in the sale of TMH’s US construction division to Intact Insurance Group USA LLC. TMH’s construction business provides primary and excess builders risk insurance in the United States.

The transaction, announced June 17, is subject to customary regulatory approvals and is expected to close in the second half of 2022.

The Morgan Lewis team advising TMK and TMH includes partner Jeffrey MacDonald and associate Rakesh Beniwal.

For more information, read TMK’s announcement.