MS Amlin
Market moves: Another busy week for insurers
This week, once again, belonged to insurers, with a number of firms making significant management changes. While Aviva stole the limelight with another reshuffle, Zurich quietly added a new CEO and Mitsui Sumitomo at Lloyd's rejigged its risk management…
Mitsui recruits Zurich and Ace underwriters
Lloyd's insurer Mitsui Sumitomo is aiming to increase its share of the international liability insurance market following two underwriting appointments.
Bosse steps down from Amlin board
Christine Bosse has retired from her position on the Amlin board after serving as a non-executive director at the firm for the past four years.
Mitsui Sumitomo appointments bolster risk team
Mitsui Sumitomo at Lloyd’s has appointed Martin Burke as chief risk officer.
Amlin unveils management changes
Amlin has appointed Simon Beale to the new role of group chief underwriting officer.
Amlin to integrate French unit
Amlin France, known as Anglo-French Underwriters before its 2008 acquisition by Amlin Group, will be integrated into Netherlands-based Amlin Corporate Insurance as part of the insurer's European growth strategy.
Amlin brings in QBE man Boreham to strengthen casualty offering
Amlin has appointed former QBE boss Martin Boreham as leading class underwriter at the firm's international casualty operation.
Amlin consolidates European operation
Amlin has consolidated all commercial insurance activities in mainland Europe with the integration of its French operation into its Netherlands base.
MSI Management cites 'favourable business environment' following Dublin move
Mitsui Sumitomo service company MSI Management UK and Ireland is to open a Dublin headquarters to be the intermediary hub for regional underwriting business, underwritten by Syndicate 3210 at Lloyd's.
Mitsui Sumitomo at Lloyd's opens in Dublin and creates 30 jobs
MSI Management UK and Ireland, the new service company of Mitsui Sumitomo at Lloyd's, is opening a Dublin headquarters.
Amlin CEO says three quarters of business has seen rate rises in Q1 2012
Amlin reported this morning that the group's gross written premium for the four months ended 30 April 2012 was up 10.5% at £1.4bn (30 April 2011: £1.3bn). At constant rates of exchange, written premium increased by 11.6% (30 April 2011: £1.29bn).
Top 10 news stories
The top 10 most popular articles published on insuranceinsight.com over the past seven days.
FSA fines Mitsui Sumitomo for corporate governance failings
The Financial Services Authority has fined Mitsui Sumitomo Insurance Company £3,345,000 for serious corporate governance failings, and imposed a ban and fine of £119,303 on its former executive chairman, Yohichi Kumagai.
Mitsui hit with £3.5m FSA fine
The Financial Services Authority has fined Mitsui Sumitomo Insurance Company (Europe) £3.5m for serious corporate governance failings, and imposed a ban and fine of £119 303 on its former executive chairman, Yohichi Kumagai.
Election grips Lloyd's Market Association
The Lloyd's Market Association is facing the most competitive election in its 11-year history for four new members of the governing body.
Market moves: Liberty and Garwyn lead the pack
Insurer Liberty Mutual and loss adjuster Garwyn were the main movers and shakers this week, with LMI officially opening its new office in Leeds and recruiting four new members of staff.
Redomiciling: London calling as tax changes make the UK more attractive
Will a reduction in corporation tax and changes to the Controlled Foreign Companies regime make the UK a more attractive place to domicile?
Ace appoints former Mitsui manager Cole to risk control post
Ace has appointed former Mitsui Sumitomo casualty boss Jeremy Cole to the role of risk control account manager in the firm's UK and Ireland casualty risk engineering department.
Japan discusses tanker cover for sanctions-hit ships
The Japanese government may yet step in to to compensate for the insurance shortfall faced by tankers carrying Iranian oil.
Mitsui posts £12m profit
Mitsui Sumitomo holding company MSI Corporate Capital has reported a pre-tax profit of £11.99m, up from a £17.77m loss restated.
Mitsui Sumitomo to acquire 26% stake in New York Life
Japan's largest casualty insurer plans to acquire a 26% stake in Max New York Life Insurance Co to expand its business in the Indian insurance market.
Japanese insurers' revenues rise after surge in quake policies
Japan's five major insurance companies experienced year-on-year increases in premium revenue during the 2011 fiscal year, according to Japanese publication The Daily Yomiuri.
Japanese delegation visits Cunningham Lindsey for lesson in fraud detection
Cunningham Lindsey's Investigation Services recently hosted a visit from Japanese insurance industry representatives at the company's National Investigation Centre in Manchester.
Police pay out, but insurers raise questions over BI cover and riot locations
Insurers are starting to receive payments from the police for losses incurred from last summer's riots, but one has called for improvement in the Riot (Damages) Act to cover business interruption losses.