Amlin

MS Reinsurance FSR upgraded to A+ by AM Best

MS Amlin AG – which trades as MS Reinsurance – has had its financial strength rating upgraded to A+ from A by AM Best on the back of measures taken to turn around the company’s performance.

MS Amlin’s Burke: Casualty push will help grow our Lloyd’s capacity to £2.5bn

MS Amlin is aiming to grow its Lloyd’s capacity by £500mn ($617mn) over the next five years as part of a broader London growth drive by parent Mitsui Sumitomo.

MS Amlin names Geddes head of reinsurance and deputy CEO

MS Amlin has appointed Sam Geddes as its head of reinsurance and deputy chief underwriting officer.

MS Amlin “re-engaging with reinsurers” over Covid-19 settlements

MS Amlin has revealed it is now “re-engaging” with the reinsurers of Syndicate 2001 over Covid-19 BI recoveries following the settlement of the long-running dispute with Britain’s biggest pub group Stonegate.

MS Amlin bolsters Syndicate 2001’s cat risk research with Guy Carpenter’s Phibbs

Lloyd’s (re)insurer MS Amlin has appointed Sam Phibbs as head of catastrophe research to help integrate the most up-to-date scientific thinking into syndicate catastrophe models.

Starwind’s JH Blades strikes energy underwriting partnership with MS Amlin

JH Blades & Co, a wholesale broker and MGA within CRC’s Starwind Specialty Insurance, has entered into a new master underwriting agreement for upstream oil and gas liability risks with Lloyd’s (re)insurer MS Amlin.

MS Amlin reveals 86.6% CR for 2023 in strongest result under Mitsui ownership

MS Amlin has continued its performance turnaround with a full-year combined ratio of 86.6 percent for 2023, the carrier’s strongest result for more than a decade.

MS Amlin posts 90% combined ratio as underwriting improvement continues

MS Amlin generated a combined ratio of 90 percent for the nine months ended 30 September 2023, an improvement of 13.9 percentage points on the prior-year period, as it also grew net income to £250mn ($314mn).

MS Amlin’s Rodden becomes MSIG UK interim CEO

Martyn Rodden has been appointed interim CEO of MSIG UK, the rebranded UK subsidiary of Japanese insurer Mitsui Sumitomo Insurance.

MS Amlin renews Phoenix Re 2 ILS vehicle in first for Singapore

MS Amlin Asia Pacific has secured collateralised capacity to renew its local special purpose reinsurance vehicle, Phoenix 2 Re.

MS Amlin launches Middle East financial lines cover

MS Amlin has launched financial lines cover in the Middle East, with senior financial lines underwriter Tom Horswill named as lead.

MS Amlin names Constable to new chief claims officer role

MS Amlin has appointed Clare Constable to the newly-created role of chief claims officer, as part of the Lloyd’s (re)insurer’s drive to consolidate its claims and underwriting proposition.

MS Amlin names Forsyth head of marine

MS Amlin has appointed Stuart Forsyth as head of marine, with incumbent Laurence Humberstone set to retire after 19 years at the carrier.

MS Amlin, Liberty Mutual and Zurich settle ~£1bn Stonegate BI dispute

MS Amlin, Liberty Mutual and Zurich have settled a multi-million pound legal battle against Britain’s biggest pub group Stonegate on Covid-19 business interruption losses, a dispute which was watched keenly because of the significant quantum involved and the queue of similar cases in the pipeline.

MS Amlin 2001 rejoins Lloyd’s £2bn club as stamp jumps 25% in 2024

MS Amlin has received approval to grow the stamp capacity for its flagship Syndicate 2001 by 25 percent for 2024, making it one of the few Lloyd’s syndicates with £2bn ($2.5bn) or more capacity, The Insurer can reveal.

MS Amlin underwriting improvement continues with 91.6% H1 combined ratio

MS Amlin has reported an underwriting profit of £156mn ($193mn) for the first half of 2023, a swing of £147mn compared with an H1 2022 loss of £10mn.

MS Amlin promotes Cleary to lead crisis management

MS Amlin has promoted Jamie Cleary to head of crisis management, in addition to his responsibilities as lead underwriter for credit and political risk.

MS Amlin CUO Grant Baxter exits after short tenure

MS Amlin’s chief underwriting officer Grant Baxter has exited the turnaround Lloyd’s carrier to pursue other opportunities after less than a year in the role, The Insurer can reveal.

MS Amlin confirms Burrows as successor to CFO Green

MS Amlin has named Direct Line Group’s Jessie Burrows as chief financial officer, succeeding Phil Green who is to retire from the role in 2024.

MS Amlin “out of the pickle jar” as it looks to 1.1 with confidence: Carrier

MS Amlin Underwriting CEO Andrew Carrier has claimed the Lloyd’s (re)insurer is finally “out of the pickle jar” and poised to enter the 2024 renewal period with a renewed risk and growth appetite, following a period of extensive remedial work and shrinkage following heavy losses between 2017-21.

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