Latest Morgan Stanley Headlines
All the headlines from our Morgan Stanley Topic Page, ordered by recency.
People Moves: AXA XL Canada Names 5 Underwriters; MS Amlin Appoints 2 at Reinsurance Business
May 13 2021 // This wrap-up of international People Moves details recent appointments at AXA XL and MS Amlin. AXA XL announced that it has added five Toronto-based underwriters to strengthen its casualty, professional liability and...
People Moves: Liberty Specialty Promotes Warren; GC FAC’s Smith to Miller; Everest’s Geddes to MS Amlin; Pro Global Hires; Generali Promotions
Apr 21 2021 // This wrap-up of international People Moves details recent appointments at Liberty Specialty Markets, re/insurance broker Miller, MS Amlin, Pro Global Holdings and Generali Global Corporate & Commercial. A summary of...
MS Amlin Acquiring International Transportation Marine Office in Arizona
Apr 13 2021 // MS Amlin is acquiring managing general agency International Transportation and Marine Office and its associated subsidiaries. Completion of the transaction is subject to customary closing conditions, including the receipt...
Hippo Gets $350M Investment, Reinsurance Treaty From Mitsui Sumitomo
Nov 25 2020 // Hippo Enterprises, an MGA insurtech focused on homeowners insurance, secured a $350 million capital investment designed to help fuel further growth. A related reinsurance agreement is also part of the deal. Mitsui Sumitomo...
Slabbert Succeeds Clementi as Chief Executive Officer of MS Amlin Underwriting Ltd.
Oct 28 2020 // MS Amlin Underwriting Ltd. (MS AUL), the Lloyd’s re/insurer, announced the appointment of Johan Slabbert as chief executive officer. Slabbert will take up the role on Nov. 1, 2020, subject to regulatory...
MS Amlin Names Everest Re’s Carrier as Chief Underwriting Officer as 3 Step Down
Aug 26 2020 // MS Amlin Underwriting Limited, the Lloyd’s (re)insurer, has appointed Andrew Carrier to the new position of chief underwriting officer. Carrier will be responsible for managing all of MS AUL’s underwriting...
Lemonade Cites Progress Despite Loss in Its First Public Earnings Report
Aug 21 2020 // Lemonade, an insurtech selling home, renters and now pet insurance, lost money in its 2020 second quarter, according to its first earnings disclosure as a public company. That’s not a surprise, as the strategy for...
Morgan Stanley to Offer Coverage for High Net Worth Clients through Hub, Marsh, Willis
Aug 6 2020 // Morgan Stanley has expanded its insurance offerings to include property & casualty insurance coverage for its high net worth clients through insurance brokers HUB International, Marsh Private Client Services, and...
Climate Risk Analytics Firm Gets Capital Injections from Liberty and MS&AD
Jul 30 2020 // Jupiter, a Silicon Valley startup provider of predictive data and analytics for climate risk, announced it has raised additional capital from insurers Liberty Mutual and MS&AD Insurance Group Holdings, and SYSTEMIQ, a...
Morgan Stanley Sued by Ex-Diversity Officer Alleging Racial Bias in Firing
Jun 17 2020 // A former Morgan Stanley diversity officer sued the bank on Tuesday, alleging racial discrimination, retaliation and violation of equal pay laws, according to a court filing. The plaintiff, Marilyn Booker, was a managing...
MS Amlin Appoints 4 Senior Leaders Within Specialty Business
Jan 30 2020 // MS Amlin, the global re/insurer, announced the appointments of four senior leaders within the Specialty business, who will report to Mark Clements and Andrew Wright, co-chief underwriting officers of MS Amlin Underwriting...
BPB UW Management Launches Underwriting Agency as MGA Incubator
Jan 14 2020 // BPB UW Management Ltd (BPBUW) has launched an underwriting agency focused on nurturing individual MGA businesses. Its executive team is led by Chairman Jonathan Palmer-Brown, CEO John Holm, COO Margaret Ryan and Executive...
MS Amlin Launches Specialist Equine MGA, David Ashby Underwriting
Jan 13 2020 // MS Amlin, the London-based re/insurer, announced the launch of David Ashby Underwriting Ltd (DAU), a specialist equine MGA. MS Amlin will serve as lead underwriter for the MGA and provide 50% of capacity for DAU through a...
MS Amlin to Exit U.K. P/C Classes as Part of Underwriting Review
Dec 19 2019 // MS Amlin, the London-based re/insurer, said it will cease underwriting corporate property, real estate, casualty and package binders through its U.K. P/C business with effect from Jan. 31, 2020. This announcement follows...
Swiss Re to Sell U.K. Insurer ReAssure to Phoenix Group for $4.3B in Cash, Shares
Dec 6 2019 // Swiss Re announced an agreement to sell its U.K. life subsidiary ReAssure Group plc to Phoenix Group Holdings plc. As part of the agreement, which values ReAssure at £3.25 billion ($4.3 billion), Swiss Re will receive a...
MS Amlin Launches New Operating Model and Senior Leadership Team
Nov 27 2019 // MS Amlin, the London-based re/insurer, announced a new operating model and senior leadership team in response to the recent decision by its parent company, MS&AD, to reorganize its international businesses. This...
S&P Revises Qatar Insurance Outlook on Financial Risks from $308M Markerstudy Loan
Nov 25 2019 // S&P Global Ratings said it revised its outlook on Qatar Insurance Co. S.A.Q. (QIC) to negative from stable, although it has affirmed the group’s “A” rating. When QIC acquired four of...
Mitsui Sumitomo Insurance’s Rating Unchanged with Reorganization: AM Best
Nov 21 2019 // The financial and credit ratings of Mitsui Sumitomo Insurance Co. (MSI) remain unchanged following an announcement by its parent company, MS&AD Insurance Group Holdings (MS&AD), that it plans to reorganize its...
MS Amlin Exits Aviation Insurance Market
Oct 14 2019 // MS Amlin, the London-based re/insurer and subsidiary of MS&AD, confirms its exit from the aviation insurance market, effective from Oct. 14 when it will cease underwriting aviation insurance renewals or new...
MS Amlin Exits 9 Non-Core Classes of Business, with a New Focus on 3 Core Markets
Oct 1 2019 // MS Amlin, the London-based re/insurer and subsidiary of MS&AD, announced a new underwriting strategy that focuses on three core, non-commodity markets, while exiting nine non-core markets, which no longer fit in its...
