Reinsurance News
MS Amlin
MS Amlin wins COVID BI dispute with UK pub group
17th October 2022
Lloyd’s re/insurer MS Amlin Underwriting Limited (MS AUL) has announced that the court has sided with it in the outcome of a legal dispute with UK pub group Stonegate regarding COVID business interruption claims. In June of this year, Stonegate moved to sue insurers MS Amlin, Zurich Insurance and Liberty ... 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 Reinsurance launched, as MS Amlin AG rebrands
12th September 2022
MS Reinsurance is a new brand in the market after MS Amlin AG, the global reinsurance arm of MS&AD that is domiciled in Switzerland announced a rebranding today. The change will occur this month, with the company set to be known as MS Reinsurance, An MS Amlin AG Company. No change to ... Read the full article
MS Amlin welcomes six new hires to its Singapore team
8th September 2022
Lloyd's of London insurer and reinsurer, MS Amlin Underwriting Limited, has made six new additions to its Singapore team, MS Amlin Asia Pacific Pte. Ltd (MS AAP). According to the firm, the new appointments will boost MS AAP’s underwriting and claims expertise, with four hires to the Reinsurance division and an ... Read the full article
Russia and Ukraine related losses make dent in MS Amlin Q1 results
5th August 2022
MS Amlin, a specialist re/insurer, has reported its fiscal year 2022 first quarter results, which saw a higher net loss driven by the impact of losses related to Russia and Ukraine, and a negative investment performance. For this year’s Q1, MS Amlin reported a net loss of £93 million, compared to ... Read the full article
MS Amlin appoints Malcolm Barnes as head of marine reinsurance
11th July 2022
MS Amlin has appointed Malcolm Barnes as head of marine reinsurance. Barnes will take up his role in September this year. Barnes joins MS AUL from Canopius, where he was head of marine treaty. Prior to this, he was divisional director for reinsurance at Amtrust with responsibility for all inwards reinsurance ... 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 Amlin names Katie Wolff as new UK country manager
10th June 2022
MS Amlin Insurance has appointed Katie Wolff to be its new country manager in the UK. The appointment still has to be approved by regulators but, once given, Wolff will oversee the property and casualty side of the MS Amlin’s UK business. Ludovic Sénécaut, CEO of MS Amlin Insurance, said in a ... Read the full article
MS Amlin grows in 2021 but natural catastrophes dent underwriting result
20th May 2022
Specialist insurer and reinsurer MS Amlin has reported an improved but still unprofitable underwriting result of -£197 million for the full-year 2021, as natural catastrophe losses swelled to £296 million, somewhat offset by a much lesser impact from COVID-19. The underwriting performance does show a £79 million improvement from the loss ... 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 appoints Julie Ferguson to a new role
12th May 2022
MS Amlin Underwriting has appointed Julie Ferguson to be its new head of open market property. Ferguson will join the company in the coming months and will report directly to Sam Geddes, head of property and allied lines. She joins from Axis where she has spent the last five years as ... Read the full article
MS Amlin makes two appointments in Asia Pacific region
17th March 2022
Reinsurer MS Amlin has appointed Teh Ee Voon as reinsurance underwriter and Tan See Yee as technical business analyst at MS Amlin Asia Pacific Pte in Singapore. In their new roles, Teh Ee Voon will report to Will Ho, CEO, MS Amlin Asia Pacific Pte, while Tan See Yee will report ... Read the full article
MS Amlin appoints new senior underwriter
8th March 2022
MS Amlin has appointed Nathan O’Donnell to be a senior underwriter under Sam Geddes, head of property and casualty lines. According to MS Amlin, O’Donnell was most recently a senior property underwriter at Sirius International from 2017, where he managed the team and oversaw the 75% growth of the portfolio between ... Read the full article
RiverStone and MS Amlin enter $266m split RITC
24th February 2022
Legacy reinsurance and run-off specialist, RiverStone International, has agreed with MS Amlin Underwriting to undertake a split reinsurance-to-close (RITC) transaction of the UK property and casualty portfolio of the 2019 and prior years of account of MS Amlin’s Syndicate 2001 at Lloyd's. RiverStone International will undertake the split RITC through its ... Read the full article
AM Best revises MS Amlin’s rating outlook to negative on ‘weakening underwriting’
24th February 2022
In light of a "weakening underwriting performance" in recent years, ratings agency AM Best has revised the outlook for the Long-Term Issuer Credit Rating of MS Amlin AG (Switzerland) to negative from stable. At the same time, AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and Long-Term ... Read the full article
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