MS Amlin
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).
Penny Black’s insurance week
Penny got more information than she bargained for when she visited Axa’s London offices last week to get an update on its commercial lines strategy.
People moves – 18 August 2011
A round-up of people moves and new appointments in the industry, as featured in the 18 August 2011 edition of Post.
Insurers extend riot notification period
Insurers have extended their claims notification periods for claims resulting from the riots in response to the government’s own extension of the notification period under the Riot (Damages) Act compensation scheme.
Mitsui poaches Catlin pair in Midlands market push
Mitsui Sumitomo has enticed an underwriting duo from Catlin to spearhead its regional mid-market push in the Midlands, Post has learnt, having earlier lured a team from Chubb to build its presence in Ireland.
Amlin expects to fall short on profit expectations
Amlin bosses have admitted the company is unlikely to meet end of year profit expectations, claiming that an “unprecedented level of catastrophes” have severely impacted performance.
Coene appointed Europe MD for QBE
QBE has appointed Patrick Coene as managing director, European Markets.
QBE raids Amlin for new European boss
QBE has appointed Patrick Coene as managing director, European Markets.
Sport - Olympics: The Olympic challenge
With only 12 months to go until the opening ceremony, Rachel Gordon attempts to break through the veil of secrecy and assess the insurance industry's role in the London 2012 Olympics.
Amlin sees international cat renewal rates rise by 50%
Lloyd's insurer Amlin estimates net claims from the two major US tornadoes during April and May 2011 of approximately $50m.
People moves - 7 July 2011
A round-up of people moves and new appointments in the industry, as featured in the 7 July 2011 edition of Post.
Amlin adds to bloodstock underwriting team
Amlin has appointed Julian Lloyd, head of LMA’s livestock business panel, to its bloodstock underwriting team.
Post history - 10 years ago: DVT claims dismissed as alarmist hype
Looking back through Post’s back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 10 years ago reveals.
Mitsui appoints P&C head
Mitsui Sumitomo at Lloyd’s has appointed Graeme Rayner as head of underwriting, property and casualty, as part of a plan to expand ni the UK and Irish markets.
CSR news: Lockton aims high for charity
Lockton's real estate & construction team's inaugural clay pigeon shoot has raised £5000 for its charity of the year, Macmillan Cancer Support. The shoot, which was sponsored by Amlin Insurance and held at Holland & Holland's shooting ground, has taken…
People moves – 26 May 2011
A round-up of people moves and new appointments in the industry, as featured in the 26 May 2011 edition of Post.
Mapfre and Mitsui extend co-operation agreement
Insurers Mapfre and Mitsui Sumitomo have extended their existing co-operation agreement to include reinsurance and risk consulting services.
Mitsui Sumitomo has “adequate capacity” following Japan situation
Mitsui Sumitomo at Lloyd’s has updated the UK insurance market on the current situation in Japan following the earthquake and tsunami at the beginning of this year.
Amlin AG appoints new board member
Professor Stefan Materne has been appointed to the board of directors of Amlin AG in Zurich.
Mitsui steps up mid-market regional push
Mitsui Sumitomo is poised to open its doors in Birmingham as part of its regional mid-market push, ahead of the unveiling of its new property-led product for this target segment in quarter four. The news follows last month's four-strong recruitment in…