MS Amlin: Turnaround still a work in progress, but bearing fruit…As MS Amlin’s significant actions to turn around its underwriting performance begin to take effect, we take a look at how successful MS&AD has been in reshaping the fortunes of its subsidiary.
MS AUL appoints Hopes as independent non-executive directorLloyd’s (re)insurer MS Amlin Underwriting Ltd has appointed Julie Hopes to the board as an independent non-executive director.
MS Amlin posts 106.4% Q1 CR following £69mn winter storm hitMS Amlin reported a combined ratio of 106.4 percent for the first quarter of 2021, a 1.5 percentage point improvement on the prior-year period.
MS Amlin, Liberty and Zurich face £845mn Covid BI lawsuitThe UK’s largest pub group Stonegate – owner of the Slug and Lettuce chain – is suing MS Amlin, Liberty Mutual and Zurich over the payment of claims related to business interruption losses suffered as a result of the pandemic lockdowns.
MS AUL names Chubb’s Bayman head of aviation reinsuranceLloyd’s (re)insurer MS Amlin Underwriting Limited (MS AUL) has appointed Richard Bayman as head of aviation reinsurance.
MS Amlin Insurance SE rebuilds leadership team naming Herkströter COOMS Amlin Insurance SE – the European primary insurance arm of MS Amlin – has named Norbert Herkströter COO as the carrier bolsters its ranks following a number of recent high-profile exits.
MS Amlin AG chief risk officer Farnworth exitsZurich-headquartered carrier MS Amlin AG is set to part ways with its chief risk officer Catherine Farnworth, The Insurer can reveal.
MS Amlin brings in Maxwell to replace Desai as CRO of Lloyd’s businessMS Amlin has appointed James Maxwell as interim chief risk officer for its Lloyd’s operations, replacing Vishal Desai who is leaving the company for personal reasons.
MS AUL names Little marine energy liability senior underwriterLloyd’s (re)insurer MS Amlin Underwriting Limited has appointed Richard Little as senior underwriter for marine energy liability.
MS Amlin AG promotes De Segonzac to CUO for AmericasMS Amlin has revamped the underwriting leadership team of its Americas reinsurance business with the promotion of Louis De Segonzac and hire of Maria Amelio.
Hiscox and MS Amlin making slow progress in BI test case payouts, FCA data showsClaims settlements by carriers following the resolution of the Financial Conduct Authority’s test case on Covid-19 business interruption claims are continuing to emerge at a slow pace, data published by the regulator has revealed.
MS Amlin hires Everest’s Geddes to lead Lloyd’s property divisionMS Amlin has hired Sam Geddes as head of property and allied lines at its Lloyd’s business, MS Amlin Underwriting Limited (MS AUL).
MS AUL names Wilken as head of reinsuranceLloyd’s (re)insurer MS Amlin Underwriting Limited (MS AUL) has appointed former Ariel Re executive Matthew Wilken to the newly created role of head of reinsurance.
MS Amlin hires Skuld’s Draper as senior yacht underwriterMS Amlin has hired Fergus Draper as a senior yacht underwriter, with the new arrival making the move after more than eight years at Skuld, The Insurer has learned.
MS Amlin CR hits 110.5% as 9M underwriting loss rises to £235mnMS Amlin reported an underwriting loss of £235mn ($324.3mn) for the first nine months of 2020, driven by Covid-19 reserves largely booked in the first half of the year.
MS Amlin Underwriting looks to BoE and Lloyd’s for CRO and chief actuaryLloyd’s (re)insurer MS Amlin Underwriting Limited has named the Bank of England’s Vishal Desai as chief risk officer and Lloyd’s head of capital Catherine Scullion as chief actuary.
MS Amlin appoints Baeten as P&C CUO for European armMS Amlin’s Continental European subsidiary has appointed Herbert Baeten as chief underwriting officer for its P&C lines.
MS Amlin unveils $42mn reinsurance sidecar to support Lloyd’s Asia unitMS Amlin has launched a reinsurance sidecar to provide collateralised capacity to support Syndicate 2001’s Asian reinsurance portfolio.
MS Amlin names Charles Goldie CUO of reinsurance unitMS Amlin has appointed former PartnerRe P&C CEO Charles Goldie as chief underwriting officer of its reinsurance unit.
MS Amlin’s Syndicate 2001 to keep capacity flat in 2021MS Amlin Syndicate 2001 is set to keep its capacity flat for the 2021 underwriting year, The Insurer can reveal, bucking the growth trend witnessed at many other Lloyd’s syndicates.