MS Amlin
Market moves: ‘Tis the season for recruiting
As Christmas draws closer, the insurance industry has prepared for the New Year with a raft of appointments. In the broking market, there were moves for Aon and Willis, while Howden added three new faces to its team.
Mitsui stops funding police plant theft unit
Mitsui Sumitomo is said to have stopped funding the Plant Theft & Agricultural National Intelligent Unit.
Mitsui Sumitomo expands Dublin office with new hires
Mitsui Sumitomo at Lloyd’s has continued the expansion of its recently launched Dublin office with the appointments of Brian Moran and Gavin Mullen as senior underwriters.
Mitsui Sumitomo adds to Dublin team
Mitsui Sumitomo at Lloyd’s has appointed Brian Moran and Gavin Mullen as senior underwriters in its Dublin office.
Hudson resurfaces at Mitsui
Former Travelers Europe president Martin Hudson has been named as director of underwriting at Mitsui Sumitomo.
Zurich scores hat trick at risk management awards
Zurich took three accolades at this year’s Risk Management Awards.
Amlin reports fast rising rates in Q3
Amlin reported gross written premium for the ten months ended 31 October 2011 was up 7.1% at £2 051.9m (2010: £1,916.6m).
Market moves: All change at Mondial and Marsh
This week insurers were, once again, the main recruiters with the majority of high profile appointments.
Insurer regionalisation: Spreading your wings
A number of industry players have recently bucked the trend of rationalising, to open new regional bases. Is localism a pasing fad or here to stay?
Marketing: The power of advertising
Effective marketing can be a tough challenge for financial services providers and having a strong presence is not enough, it must also resonate with customers.
Fitch affirms ‘A’ IFSR of ACI
Fitch has affirmed the ‘A’ insurer financial strength rating of Amlin Corporate Insurance, reflecting the strategic importance of the commercial lines writer to the Amlin group.
Market moves: All change at Zurich and Willis
Following a slow period, large insurers made a number of key appointments this week, including major moves at Zurich, Allianz and RSA.
Mitsui completes regional office network roll-out
Mitsui Sumitomo has completed the roll-out of its newly created regional office network with the opening of branches in Belfast and Glasgow and three senior appointments.
Lloyd’s in Europe
Lloyd’s of London is no longer only accessed through London and has spread its reach across the globe in recent times. Francesca Nyman asks how established it is in Europe and what challenges it faces here.
Market moves - 20 October 2011
This week the main movers and shakers were loss adjusters, with Davies, Woodgate & Clark and Advanta all making major appointments.
Amlin recruits former Chubb underwriter
Amlin has appointed Joanne McWhirter as class underwriter to its London cargo team.
Ecclesiastical shakes up property owners market with Crown Estate win - Insurance News Now
Post senior reporter Amy Ellis outlines this week's major general insurance stories including news that new entrant Ecclesiastical has shaken up the property owners market by winning a multi-billion pound portfolio belonging to The Crown Estate, as…
Mitsui takes on Axa’s property team
Mitsui Sumitomo at Lloyd’s has taken on the five-strong property owners’ team that left Axa earlier this year, led by Mike Phillips who was head of specialist markets.
HSBC bidders line up not to comment
QBE, Zurich and Allianz have refused to comment on speculation in a Reuters report that they are among bidders for HSBC’s insurance business.
Amlin brings ambassador on board
Amlin has appointed former diplomat Sir Alan Collins, as an independent non-executive director, to take effect on 14 November 2011.
Buy Beazley/Lancashire, says adviser
Adviser Collins Stewart says despite Lloyd’s poor results it recommend buying shares in Beazley and Lancashire but issued warnings about Amlin and Hardy.
Ex Mitsui underwriter joins HSB
Former chief underwriter of Mitsui Sumitomo Insurance UK Andy Kane (pictured) has been snapped up by HSB Engineering Insurance.
ACI helps Amlin France GWP double but group reports £192.3m loss
Amlin France doubled its gross written premiums for the first half of 2011 compared to 2010, but over the group reported losses of £192.3m before tax (H1 2010: £107m profit).
Amlin posts £192.3m loss
Lloyd’s insurer Amlin blamed catastrophe claims of £314.3m (H1 20010 £127.1m) that added 34 percentage points to its combined ratio for a pre-tax loss of £192.3m (H1 2010: profit of £107.6m).