Reinsurance News
MS Amlin
Neon leads London Political Risks Insurance Consortium
27th March 2019
Insurance and reinsurance specialist Neon has been revealed as the lead of the newly established London Political Risks Insurance Consortium, with MS Amlin being announced as a joint agreement party. The new initiative will be led by Nicholas Robinson, who was recently promoted to Head of Specialty at Neon, and is ... Read the full article
MS Amlin launches all risks policy for the tech sector
13th February 2019
MS Amlin, the insurance and reinsurance group owned by top-10 firm MS&AD, has launched an all risks insurance policy specially designed for the technology sector. Recognising the need for coverage that fits the operations of the tech sector, MS Amlin has responded with a product that encompasses a broad range of ... Read the full article
MS Amlin CFO John Worth to depart for Hastings
11th January 2019
The Chief Financial Officer of global re/insurer MS Amlin, John Worth, is to depart the company in favour of a lead role at the insurer Hastings. The move comes just 14 months after replacing the firm’s previous CFO Chris Rash. MS Amlin has stated that Worth will remain in the role until ... Read the full article
MS Amlin increases P&I capacity for 2019
9th January 2019
Global insurance and reinsurance company MS Amlin has announced that it has increased its protection and indemnity (P&I) capacity for 2019. The company explained that it would now offer ground up P&I capacity of up to US $500 million through its subsidiary MS Amlin Insurance SE, and up to $1 billion ... Read the full article
MS Amlin partners with Folgate ahead of 2019 launch
20th November 2018
Global re/insurer MS Amlin has partnered with London-based Folgate Insurance Company to underwrite Folgate's business as it looks to re-launch in the UK market in 2019. The companies will collaborate on underwriting Property, Liability, Professional Indemnity and other lines of business throughout the UK from next year. Folgate’s managing agent, APC will ... Read the full article
AXA XL, MS Amlin, RFIB among firms testing new insurtech platform
26th October 2018
A consortium of insurance entities including AXA XL, Neon, MS Amlin, RFIB Group, and Antares has formed to test a new platform created by London-based software company Whitespace. Whitespace has built a fully-digital mobile and desktop platform to negotiate, quote and place insurance risks. Since April this consortium have engaged with the company ... Read the full article
MS Amlin partners with Cytora for AI driven commercial property underwriting
20th June 2018
Global insurer and reinsurer MS Amlin has announced a new partnership with artificial intelligence (AI) firm Cytora, which sees AI technology deployed into commercial underwriting processes to improve and assist with the automation of decisions throughout MS Amlin's commercial property portfolio. The new partnership will see MS Amlin use Cytora's solutions ... Read the full article
MS Amlin & GIC Re reinsure India’s first domestic P&I market entry
19th June 2018
State-backed New India Assurance recently announced the launch of protection & indemnity (P&I) cover for the inland and coastal vessels, starting with local routes, with reports citing GIC Re and MS Amlin as its reinsurance partners. The protection is reportedly the country's first P&I cover by a domestic insurance company, and ... Read the full article
MS&AD to inject $633mn into MS Amlin to achieve future growth
13th June 2018
Japanese insurance group MS&AD Insurance Group Holdings Inc. recently announced plans to inject roughly ¥70 billion (US$632.5 million) into its re/insurance subsidiary MS Amlin, in an effort to sustain the firm's business model for future growth. Following a loss in the 2017 financial year the insurance group has taken steps to improve ... Read the full article
MS Amlin bolsters Asia Pacific team with 3 new Underwriters
8th June 2018
Global specialist insurance and reinsurance firm MS Amlin has bolstered its Asia Pacific team with the appointments of three new Singapore-based underwriters. Neal Thomas joins as Property & Casualty Underwriter, having most recently serving as Director, Head of Property and Casualty at Swiss Re Asia since 2008. Prior to his time ... Read the full article
Belgian regulator approves MS Amlin’s post-Brexit EU hub
5th June 2018
Global specialist re/insurer MS Amlin has obtained approval from the National Bank of Belgium (NBB) to re-domicile its subsidiary, Amlin Insurance SE (AISE), from the UK to Belgium in preparation for Brexit. MS Amlin announced in July 2017 that it planned to shift its European business to Belgium to ensure ... Read the full article
MS Amlin appoints new COO and Chief People Officer
24th May 2018
Specialist global re/insurer MS Amlin has expanded its senior leadership team with the appointments of Simon Smith as Chief Operating Officer (COO) and Vivian Leinster as Chief People Officer. The appointments come as MS Amlin’s new Chief Executive Officer (CEO) Simon Beale, who succeeded outgoing CEO Charles Phillips in April ... Read the full article
Chris Beazley to step down from role as London Market Group CEO
7th March 2018
The London Market Group (LMG) announced today that Chief Executive Officer (CEO) Chris Beazley will be stepping down this summer to return to MS Amlin as CEO of MS Amlin AG, subject to regulatory approval. Beazley joined the LMG, a market-wide body which speaks for market practitioners on growth and modernisation ... Read the full article
MS Amlin launches Bermuda-based special purpose reinsurer
8th January 2018
Specialist global insurer and reinsurer, MS Amlin, has announced the launch of a new Bermuda-based special purpose reinsurer, called Viribus Re Ltd. The new reinsurer has been established to provide collateralised capacity support for MS Amlin Syndicate 2001's global reinsurance ... Read the full article
MS Amlin names Simon Beale as CEO successor to Charles Philipps
4th January 2018
London headquartered specialty insurance and reinsurance group MS Amlin has named Simon Beale as its new Chief Executive Officer (CEO), to succeed outgoing CEO Charles Phillips from April 1st 2018. Philipps is stepping down from the role to retire, it had previously been reported, but MS Amlin has been able to ... Read the full article
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