PRA fines Lloyd’s insurer MS Amlin £9.7mn over 2014-19 failuresUK regulator the Prudential Regulation Authority (PRA) has imposed a financial penalty of £9,695,000 on MS Amlin Underwriting Limited (MS AUL).
MSI appoints Slabbert as US CEO with Carrier to take charge of Lloyd’s unitMSIG Holdings (USA), the onshore US (re)insurance arm of Japan’s MS&AD Insurance Group, has appointed Johan Slabbert as CEO with effect from 1 January 2023.
MS AUL adds Hiscox’s Morgan to lead property delegated authorityMS Amlin Underwriting Limited (MS AUL) – the Lloyd’s arm of Japanese carrier MS&AD – has appointed Simon Morgan as head of property delegated authority.
Property cat: Now is the time for providers to commitMS Reinsurance’s Chris Hayward outlines why a strategy for delivering property catastrophe capacity is more essential than ever amid increasingly difficult market conditions…
Underscoring our commitment: Introducing MS ReinsuranceCharles Goldie explains the rationale behind the rebranding of MS Amlin to MS Reinsurance…
$2.2bn MS Amlin AG rebrands to MS ReinsuranceMS Amlin AG has rebranded to MS Reinsurance as it looks to cement its identity as a pure-play reinsurer.
MS Amlin strengthens Singapore team with six new hiresMS Amlin Underwriting Limited (MS AUL) – the Lloyd’s arm of Japanese carrier MS&AD – has made six hires at its Singapore-based operation MS Amlin Asia Pacific Pte Ltd (MS AAP).
MS Amlin posts £93mn Q1 loss driven by Russia-Ukraine and negative investmentsA £95mn ($115.5mn) impact related to the Russia-Ukraine war and £21mn in investment losses in the first quarter of the year have pushed MS Amlin further into the red.
MS AUL brings in Canopius’ Barnes to lead marine reinsuranceMS Amlin Underwriting Ltd (MS AUL) has appointed Malcolm Barnes as head of marine reinsurance, with the executive set to begin the role in September this year.
Legacy sector challenges not dampening activity as more $1bn+ portfolios come to marketMS Amlin and Argo are among the carriers exploring run-off transactions for portfolios with reserves of ~$1bn as the benchmark for transactions continues to rise despite the challenges faced by a number of legacy counterparties.
MS AUL names Baxter head of reinsurance and deputy CUOMS Amlin Underwriting Limited (MS AUL) – the Lloyd’s arm of Japanese carrier MS&AD – has appointed Grant Baxter to the newly created role of head of reinsurance and deputy chief underwriting officer.
MS Amlin posts FY21 CR of 107.4% as books £296mn cat lossesMS&AD-owned MS Amlin has reported a combined ratio of 107.4 percent for 2021 – down 2.0 percentage points from the previous year – with the carrier narrowing its net losses to £190mn ($237mn) from a loss of £222mn in 2020.
MS AUL hires Compre’s Margetts for strategy teamMS Amlin Underwriting Limited (MS AUL), the Lloyd’s unit of international (re)insurer MS Amlin, has added Compre’s head of Lloyd’s Rob Margetts to its strategy team.
MS Amlin looks to Axis for head of open market property FergusonMS Amlin Underwriting Limited (MS AUL) – the Lloyd’s arm of Japanese carrier MS&AD – has brought in Julie Ferguson as head of open market property.
MS Amlin returns to profit in 2021 with 102% CRMS Amlin’s Lloyd’s operations returned to profitability in 2021 with the managing agency heralding Syndicate 2001’s turnaround initiatives as beginning to bear fruit
MS Amlin expands in Asia Pacific with double hireMS Amlin’s Lloyd’s arm MS Amlin Underwriting Limited has bolstered its Asia Pacific team with the hire of Teh Ee Voon as reinsurance underwriter and Tan See Yee as technical business analyst.
MS Amlin hires O’Donnell as senior property underwriterMS Amlin has strengthened its property team with the addition of Nathan O’Donnell as senior underwriter.
MS Amlin agrees $266mn split RITC with RiverStone for Lloyd’s legacy bookMS Amlin has agreed a split reinsurance-to-close (RITC) transaction with RiverStone International for the UK P&C portfolio of the 2019 and prior years of account for Syndicate 2001.
Sompo Intl 9M surge highlights MS Amlin’s turnaround strugglesThe latest figures show the Japanese big three carriers’ international operations are travelling at different speeds.
MS AUL names CNA’s Harding head of ERM in risk function shake-upMS Amlin’s Lloyd’s arm MS Amlin Underwriting Limited (MS AUL) has named Victoria Harding head of enterprise risk management (ERM) as part of four senior appointments designed to broaden the company’s risk function.