MS Amlin
Claims Awards Asia-Pacific 2016: The winners
The winners of the Claims Awards Asia-Pacific 2016 were announced on 8 September in Singapore.
London riots decision overturned by Supreme Court
A key judgement following the London riots has been overturned by a Supreme Court ruling, with the Association of British Insurers saying the industry would be “disappointed” by the decision.
Beazley hires three for Asia-Pacific marine division
Specialist insurer Beazley has hired three marine underwriters to be based in its Singapore office.
London market insurers will struggle with investment returns in 2016
Investment income will remain a sticking point for London market insurers as reserves are hit by low rates in popular short-term investments, according to a report by Fitch Ratings.
Hong Kong Analysis: SMEs' more sophisticated approach
Intense competition and a slowdown in China’s economy will make the Hong Kong SME market more challenging writes Nicky Burridge.
Mitsui to complete Amlin takeover next month
Mitsui Sumitomo Insurance Company's £3.47bn acquisition of Amlin is expected to complete on 1 February.
D&O and Cyber: C-suite cyber risks take off
US legal influences continue to impact on the UK directors’ and officers’ market – and that now includes the growing cyber threat
MSIG explores telematics in Singapore with trial
MSIG is looking for drivers to participate in a six month study to analyse driver behaviour in Singapore.
MSIG-led D&O consortium offers £51m line size in 2016
MSIG at Lloyd's is to provide a commercial directors' and officers' liability line size of $75m (£51.3m) through the Mitsui Sumitomo Insurance Group-led excess D&O consortium at Lloyd's in 2016.
MSIG Singapore to review haze exemption in travel policies
MSIG has promised to review its "travel inconvenience" sections after being criticised for not covering passengers delayed by widespread haze from Indonesia last year.
Amlin completes merger of two of its subsidiaries
Amlin yesterday (4 January) completed the merger of its two insurance company subsidiaries, Amlin Europe and Amlin Insurance (UK).
PRA approves 19 SII internal models
The Prudential Regulation Authority has approved the use of a full or partial internal model under the Solvency II Directive for 19 insurers for use from 1 January 2016.
Lloyd's syndicates unite for $400m natural catastrophe pool
Eight Lloyd's syndicates are uniting to help protect emerging economies in Africa, Asia and Latin America from natural catastrophes.
Roundtable: Technology: Are insurers ready for the next technology revolution?
What are the forthcoming trends insurers are likely to face?
Editor's Comment: The era of mega deals
This year’s trend for mega merger and acquisition deals continued last week when Japanese insurer Mitsui Sumitomo agreed a deal to acquire Amlin for £3.47bn – more than twice its tangible book value, subject to approval – while in the broking sector…
London market diversity under the microscope as consolidation continues unabated
The London market is in danger of becoming too consolidated as a result of the current M&A wave, commentators have warned, with market diversity dependent on small start-up businesses emerging in the coming years.
Claims Awards Asia 2015: the winners
The winners of the Claims Awards Asia 2015 were announced on 10 September at the Regent Hotel, Singapore.
Mitsui confirms £3.47bn Amlin acquisition
Japanese insurer Mitsui Sumitomo Insurance Company has reached an agreement to acquire the entire share capital of London-headquartered Amlin for 670p per share in cash.
Mitsui Sumitomo in talks to buy Amlin
Japan's Mitsui Sumitomo is in talks to buy Lloyd's (re)insurer Amlin according to Nikkei.
Hindson joins Argo as chief risk officer
Alex Hindson has been appointed chief risk officer at Argo.
Amlin posts reduced profit in H1 due to 'change in accounting'
Amlin reported a fall in profit before tax to £143.3m in the first half of 2015 (H1 2014: £148.5m) due to changes in its accounting for catastrophe reinsurance earned premium.
Lloyd's underwriters create Asia-Pacific excess consortium
A new Asia-Pacific excess of loss property cover is led by Atrium and provides $25m (£16m) of loss capacity up to 100% of excess layers.
MSIG secures Myanmar economic zone permit
Mitsui Sumitomo has been granted a provisional permit to operate in the Thilawa Special Economic Zone in Myanmar.
Amlin celebrates ‘good start' to 2015
Amlin has reported a "good start" to 2015 for the first three months of the year.