Reinsurance News
Ms Amlin Underwriting Limited
MS Amlin’s H1’25 profit falls to £47m amid a more challenging loss environment
19th November 2025
Global re/insurer MS Amlin Underwriting Limited, part of insurance group MS&AD, saw its combined ratio deteriorate by 10 percentage points to 94.5% for the first half financial reporting period to June 30th, 2025, as the impact of the California wildfires in January contributed to a more challenging loss environment. MS Amlin's ... Read the full article
MS Amlin Underwriting posts net income of £149m for FY’24
20th May 2025
Global insurer and reinsurer MS Amlin Underwriting Limited (MS AUL) has reported a net income of £149 million for the full year 2024, representing a reduction of £47 million compared to the £197 million recorded the year prior. The company attributed the decline in net income to an increase in corporate ... Read the full article
MS Amlin Underwriting (MS AUL) posts improved profit for Q3’24
14th February 2025
Global insurer and reinsurer MS Amlin Underwriting Limited (MS AUL) has reported a 5% year-on-year rise in insurance service profit to £130 million for the period January to September 2024, as the firm highlights continued growth and profitability. MS AUL, which includes Lloyd’s Syndicate 2001, Amlin Corporate Member Limited, and AUL ... Read the full article
MS Reinsurance posts significant premium growth as CoR strengthens
9th August 2024
Zurich headquartered global reinsurer MS Reinsurance (MS Re) has reported a 305% rise in net income to $81 million for the first quarter of the fiscal year, as the combined ratio improved to 89.7% from 94.2% a year earlier. MS Re is part of global specialty re/insurer MS Amlin, which is ... Read the full article
MS Amlin Underwriting fined over £9m by UK regulator
21st October 2022
MS Amlin Underwriting Limited (MS AUL) has been fined £9,695,000, imposed by the Prudential Regulation Authority (PRA), for failing to comply with its regulatory obligations relating to its governance and oversight of underwriting, underwriting controls, management information, data quality, and risk management strategies and systems. The PRA found that MSAUL breached ... Read the full article
MS Amlin Underwriting appoints Carrier as CEO
11th October 2022
Lloyd’s re/insurer MS Amlin Underwriting Limited (MS AUL) has appointed Andrew Carrier as Chief Executive Officer (CEO). Carrier, who currently serves as MS AUL’s Chief Underwriting Officer (CUO), will take up the role on January 1, 2023, subject to regulatory approval. Overall, Carrier brings more than two decades of leadership experience in ... Read the full article
MS AUL hires Simon Morgan as Head of Property Delegated Authority
14th September 2022
Lloyd’s market global re/insurer, MS Amlin Underwriting Limited (MS AUL) has appointed Simon Morgan as Head of Property Delegated Authority, where he will report to Sam Geddes, Head of Property and Allied Lines. Morgan will take on the role in November, later this year. Within this role, Morgan will be leading and ... Read the full article
MS Amlin (MS AUL) appoints Grant Baxter as head of reinsurance & deputy CUO
4th July 2022
MS Amlin Underwriting Limited (MS AUL) has appointed Grant Baxter to be its new head of reinsurance and deputy Chief Underwriting Officer (CUO). In a statement, the firm said that Baxter would report to Andrew Carrier, CUO of MS AUL, and will take up his role towards the end of the ... Read the full article
MS AUL partners with Altelium on BESS insurance solution
25th May 2022
Lloyd’s global specialty re/insurer MS Amlin Underwriting (MS AUL) has announced a partnership with specialist insurtech, Altelium, to launch a client-centric battery energy storage system (BESS) construction all risk and operational all risk insurance solution, as part of its commitment to supporting sustainability. Altelium is a specialist insurtech business which offers ... Read the full article
MS Amlin (MS AUL) adds Rob Margetts to Strategy & Transformation team
16th May 2022
Lloyd’s global specialty re/insurer, MS Amlin Underwriting Limited (MS AUL) has appointed Rob Margetts to its Strategy & Transformation team. He will join MS AUL in the coming months, and will report to Martyn Rodden, Director of Strategy & Transformation. Within his new role, Margetts will develop and implement a range of ... Read the full article
MS Amlin Underwriting returns to profit after “careful restructuring”
24th March 2022
MS Amlin Underwriting (MS AUL) has reported its full year results for 2021 which saw the global re/insurer deliver a strong performance, as well as a return to profitability after years of careful restructuring and remediation. The return to profitability for the company is set against the backdrop of a year ... Read the full article
MS Amlin Underwriting commits to net-zero by 2050
23rd March 2022
MS Amlin Underwriting Limited (MS AUL) has announced its next stage in its journey towards carbon neutrality, as the board confirmed the business will achieve net-zero by 2050, for all of its operations. This would include Scope 1, 2 and 3 emissions, and apply across all investments and underwriting operations. The board ... Read the full article
MS Amlin hands Vipul Gupta SEO Dubai role on a permanent basis
11th January 2022
Specialty Lloyd's insurer and reinsurer, MS Amlin Underwriting Limited (MS AUL), has made Vipul Gupta its permanent Senior Executive Officer (SEO) in Dubai, subject to regulatory approval. Gupta first joined MS Amlin in 2015 and has served as the interim SEO in Dubai since July 2021. He will report to Johan Slabbert, ... Read the full article
MS Amlin launches $37.5mn Asia focused SPRV Phoenix 2 Re
6th January 2022
Specialty insurer and reinsurer, MS Amlin Underwriting Limited (MS AUL), has returned to the capital markets for its second Asia focused collateralised reinsurance sidecar arrangement, with a $37.5 million special purpose reinsurance vehicle (SPRV); Phoenix 2 Re Pte. Ltd. Launched by MS AUL's Singapore-based business, MS Amlin Asia Pacific Pte. Ltd. ... Read the full article
MS AUL appoints Head of Sustainability & ESG
1st December 2021
MS Amlin Underwriting Limited (MS AUL), the Lloyd’s global specialty re/insurer, has announced the appointment of Amir Sethu as Head of Sustainability & ESG, a newly created role. Sethu takes up the role later this month and reports directly to Martyn Rodden, Director of Strategy & Transformation. As Head of Sustainability & ... Read the full article
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