MS Amlin posts Q1 107.9% CR as books £84mn Covid-19 hit

MS&AD Q1 results

MS&AD-owned MS Amlin fell into the red in the most recent quarter, reporting a net loss after tax of £136mn ($178.1mn) – compared to a profit of £24mn – with the Lloyd’s carrier incurring £84mn of Covid-19 related losses in the three month period.

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