MS Amlin News

BPB UW Management Launches Underwriting Agency as MGA Incubator

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 Director Robin Blunt. BPBUW’s business strategy is …

MS Amlin Launches Specialist Equine MGA, David Ashby Underwriting

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 joint venture with …

MS Amlin to Exit U.K. P/C Classes as Part of Underwriting Review

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 the outcome of MS Amlin’s comprehensive underwriting review …

MS Amlin Launches New Operating Model and Senior Leadership Team

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 reorganization involves the removal of the regional holding company …

Mitsui Sumitomo Insurance’s Rating Unchanged with Reorganization: AM Best

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 international businesses operating within MSI, said AM Best. Under …

MS Amlin Exits Aviation Insurance Market

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 business. This change excludes the aviation hull war portfolio …

MS Amlin Exits 9 Non-Core Classes of Business, with a New Focus on 3 Core Markets

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 long-term strategy. Following a comprehensive underwriting review, MS …

MS Amlin Names Beazley as Head of Reinsurance, Replacing Few Who Joins TigerRisk

Global re/insurer MS Amlin announced that Chris Beazley, CEO of MS Amlin AG, will be expanding his leadership role to include all of MS Amlin’s reinsurance business with immediate effect. Beazley takes over the responsibilities from James Few, global managing …

MS Amlin Appoints Perottino from HDI as Country Manager for France

MS Amlin, the specialist global re/insurer, announced it has appointed Véronique Perottino as country manager for France. Perottino will join the business beginning of September reporting to Rudy Benmeridja, CEO of MS Amlin Insurance SE (MS AISE). Perottino brings 28 …

Chubb, Hiscox, Tokio, Other Lloyd’s Underwriters Form Innovation Facility to Insure Emerging Risks

A group of Lloyd’s underwriters has launched a new facility with £53 million ($67.5 million) of capacity that is designed to speed up re/insurance product development for new and emerging risks. The Product Innovation Facility is led by senior underwriters …