MS Amlin
Equinox Global adds Amlin and The Channel Syndicate to panel
Lloyd’s coverholder Equinox Global has increased the number of carriers on its binder panel to nine after welcoming Amlin and The Channel Syndicate.
Cheesegrater cordoned off after steel bolts break
Two steel bolts have broken on London’s Cheesegrater building, home to Aon and Amlin, among other insurance businesses.
Amlin increases stake in LCP to 75%
Amlin has agreed to increase its stake in Leadenhall Capital Partners, the reinsurance-linked securities investment manager which it established with the individual partners of LCP in 2008.
Research: State of the Broking Nation Part 1: Insurers
A warts-and-all qualitative view from the broking market
McGurk to head MSIG Glasgow branch
Mitsui Sumitomo Insurance Group at Lloyd's has appointed Magnus McGurk as manager of its Glasgow branch.
MSIG notches ‘best ever’ underwriting result for 2013
Mitsui Sumitomo’s Lloyd’s operation has reported record underwriting profits for the year ending 31 December 2013.
Entry opportunities available as reinsurance market continues to soften
A softening reinsurance market is expected to continue to impact the reinsurance and Lloyd’s subsectors in 2015, according to a note published by Berenberg, which states that previous underperformance presents opportunities.
Aon and Amlin launch new product for estate owners
Aon Estates Practice, part of the broker's private client business, has launched an insurance solution for estate owners, in conjunction with Lloyd’s insurer Amlin.
Amlin UK boss Carpenter sets exit date
Former Amlin UK chief executive Brian Carpenter has confirmed his plans to retire later this year, setting the date of 30 September for his departure.
Amlin profits slide in H1 as large catastrophe losses grow
Lloyd’s insurer Amlin chalked up a reduced profit before tax of £148.5m in the first half of 2014 (H1 2013: £161.4m) as an uptick in large catastrophe losses took its toll.
Amlin increases stake in Leadenhall Capital Partners
Amlin has reached a non-binding agreement to increase its stake in investment manager Leadenhall Capital Partners.
MS&AD aims to double overseas earnings
Japanese insurer MS&AD aims to double its overseas earnings by 2017, new president Yasuyoshi Karasawa has said.
Brokers largely dissatisfied with mid-market claims performance
The issue of low quality outsourcing operations has been cited among areas insurers need to improve upon in a survey of 180 UK commercial claims brokers, in which only five companies received a net positive satisfaction score.
Dual hires interim Co-op finance boss Elston as CFO
Hyperion underwriting arm Dual has appointed the Co-operative Group’s interim finance director for cost performance Andy Elston to the position of chief financial officer.
Beazley looks to Amlin for double hire
Beazley has expanded its UK homeowners insurance team with the appointment of two underwriters.
Riot Damages: A north and south divergence
2014 appears to be the year for appeal cases dealing with riot damage.
Dodd touts risk management data standardisation as he takes new role
Former Sirius Financial Solutions director Mike Dodd has joined Risk Solved as a non-executive director having helped in the rebranding of the business from MSM Risk Management.
Amlin sees UK GWP slide for Q1
Amlin has recorded drooping gross written premiums for its UK market business in the first quarter of 2012, while the insurer notched improved figures at a group level.
Sony warehouse fire consequential losses verdict overturned
The Court of Appeal today ruled that section 2 of the Riot (Damages) Act does allow recovery for consequential losses, overturning an earlier ruling.
Generali expands Asia-Pacific business with Mitsui tie up
Italian insurer Generali has completed a deal to expand its operations in Asia and Oceania in partnership with Mitsui Sumitomo
2013 results: insurers’ CORs boosted by benign weather but RSA takes £244m hit
Insurers’ full‑year results were bolstered by largely benign weather conditions last year as many firms sacrificed market share in motor and home segments to retain profitability.
Amlin posts 23% profit rise for 2013
Lloyd’s carrier Amlin reported an increase in profit before tax of 23.3% to £325.7m for the full 2013 year.
Amlin teams with Oxford Uni on modelling project
Amlin will today release the initial findings of a research project with Oxford University on fears of systemic dangers generated by the increasing prevalence of risk modelling.
Oasis project director says framework will cut costs and increase transparency
Loss-modelling platform includes models for flood, earthquake and tsunami.