The Oct. 12 log entry gives a fund-level size but no individual commitments or strategy.
Insurance Capital Daily's deal log records a $2 billion fund launch dated Oct. 12 that lists Tokio Marine, Schroders, BlueOrchard and International Finance Corporation as parties.
The entry carries no individual commitment sizes, so the $2 billion figure is fund-level and not attributable to any one name.
The log also gives no strategy or geography and does not specify Tokio Marine's role or commitment.
Reported by The Wrap desk from Insurance Capital Daily deal log. Published . Corrections
Tokio Marine HCC seeds the fund with $100 million; Tokio Marine & Nichido Fire adds $200 million at first close.
Moody's says season counts say little about annual losses; WTW reports record Bermuda property capacity and slowing rate cuts.
Tokio Marine & Nichido Fire adds $200 million, bringing the group's anchor commitment to $300 million at the evergreen fund's first closing.
Balance-sheet strength is assessed as very strong, with three-quarters of assets in a parent promissory note.
The managing general underwriter has not disclosed capacity providers, property lines or premium targets.
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