Reinsurance News
MS Amlin
MS Amlin reports HY’24 profit of £87m as CoR improves to 84.5%
19th November 2024
In its half-year 2024 results, Lloyd’s global re/insurer MS Amlin has reported a profit after tax of £87 million an increase of £83 million from the same period last year amid improved investment returns and lower discounting volatility through effective asset-liability matching. At the same time, MS Amlin's insurance service profits ... Read the full article
MS Amlin appoints Paul Lucas as Chief Actuary
31st October 2024
Lloyd's global insurer and reinsurer MS Amlin has announced the appointment of Paul Lucas as Chief Actuary, effective at the end of Q1 2025. Based in London, Lucas will report to Jessie Burrows, Chief Financial Officer, as a member of the Finance Leadership Team. In his new role, Lucas will oversee all ... Read the full article
MS Amlin appoints Jo Hine and Andrew Downes as Independent Non-Exec Directors
25th October 2024
Lloyd's global re/insurer MS Amlin has appointed Jo Hine and Andrew Downes as Independent Non-Executive Directors. Hine takes over as Chair of the Risk and Solvency Committee, subject to regulatory approval. She has extensive experience in finance, capital and risk having held several senior executive roles with Hiscox, Tokio Marine Kiln ... Read the full article
MS Amlin enhances fraud detection capabilities through Synectics partnership
16th October 2024
The European unit of MS Amlin has expanded its partnership with data insight specialist Synectics in a strategic move that will enhance fraud detection and prevention measures at the quote, policy, and claims stages, across multiple lines of business. The MS Amlin unit, MS Amlin Insurance, which has previously worked with ... Read the full article
MS Amlin’s Phoenix sidecar a stable investment opportunity: William Ho
16th October 2024
Chief Executive Officer (CEO) of MS Amlin Asia Pacific, William Ho, in a recent video interview with our insurance-linked securities (ILS) focused sister publication, Artemis, discussed the re/insurer's series of Phoenix sidecar transactions. After renewing a quota share arrangement via reinsurance sidecar vehicle Phoenix 2 Re Pte. Ltd., ... Read the full article
Emma Snowdon appointed Head of Capital Management and Investments, MS Amlin
23rd September 2024
Lloyd's global re/insurer MS Amlin has hired Direct Line Group's Emma Snowdon as Head of Capital Management and Investments, where she will be based in London, reporting to Chief Finance Officer, Jessie Burrows. As Head of Capital Management and Investments, she will be expected to hold responsibility for the firm's capital ... 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
MSI reveals merger of equals plan for European subsidiaries
27th June 2024
Mitsui Sumitomo Insurance (MSI) has revealed plans to consolidate the talent and strength of its European subsidiaries, MS Amlin Insurance S.E. (MSAISE) and MSIG Insurance Europe AG (MSIGEU), in a merger of equals. According to MSI, which wholly owns both companies, a combined service offering across Europe will empower policyholders to ... Read the full article
ClimateWise collabs with Howden & MS Amlin on nature-related financial use cases
5th June 2024
ClimateWise, which is part of the Cambridge Institute for Sustainability Leadership (CISL), in collaboration with two of its members, Howden, the global insurance intermediary group, and MS Amlin, Lloyd's global insurer and reinsurer, have developed nature-related financial opportunity use cases. In alignment with the Kunming-Montreal Global Biodiversity Framework (GBF), the financial ... Read the full article
MS Amlin predicts highly active 2024 Atlantic hurricane season
31st May 2024
MS Amlin, Lloyd's global insurer and reinsurer, predicts that the upcoming 2024 Atlantic hurricane season will be significantly above average, potentially one of the most active on record. Climate scientists at MS Amlin analysed forecasts from 24 research groups, private companies, universities, and government agencies. The consensus indicates an average of ... Read the full article
MS Amlin’s 2023 net income rises £316m YoY as CoR drops to 89.5%
20th May 2024
MS Amlin has reported a 2023 net income of £509 million, marking an increase of £316 million from 2022, while its combined ratio fell 7.6 points to 89.5%. The firm noted that its improved net income in 2023 also included the positive impact of £75 million from recognising deferred tax assets ... Read the full article
Samantha Smithson-Biggs to lead MS Amlin Operational Transformation team
16th May 2024
Lloyd's global insurer and reinsurer MS Amlin has announced the appointment of Samantha Smithson-Biggs as Head of Operational Transformation. In her new role she will help MS Amlin to further improve its technology and services, to ensure the company continues to deliver for brokers and clients. Smithson-Biggs is joining the firm following ... Read the full article
MS Amlin hires Catherine Healy as Head of Property & Crisis Management Claims
30th April 2024
Lloyd's global insurer and reinsurer MS Amlin has hired Catherine Healy from HDI Global Specialty as Head of Property & Crisis Management Claims. In her new role, Healy assumes responsibility for the management and oversight of claims for commercial property, property binders, transportation, and crisis management. She will be based in London ... Read the full article
MS Amlin invests in modelling and insight solutions with Moody’s RMS partnership
23rd April 2024
MS Amlin, the Lloyd’s global re/insurer, has partnered with catastrophe risk modelling and solutions company, Moody’s RMS, as it invests in a new suite of modelling and insight solutions. Recently, the firm moved its Exposure Management team into its underwriting division to facilitate closer alignment and support efficient decision-making. It will ... Read the full article
MS Amlin appoints Sam Geddes as Head of Reinsurance
3rd April 2024
Lloyd’s global (re)insurer MS Amlin has appointed Sam Geddes as Head of Reinsurance, subject to regulatory approval. On top of his new responsibilities, which include leading MS Amlin’s extensive reinsurance teams, Geddes will also retain his existing responsibility as Deputy CUO. He will additionally join the firm's Executive Committee. Geddes joined MS Amlin ... Read the full article
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