MS Amlin
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.
Industry-owned cat modelling framework launches
An industry-owned catastrophe modelling framework has launched today aiming to reduce costs and increase flexibility for its users.
FCA claims review coincides with improving London market service quality
London market insurers have been “upping their game” in terms of claims service quality amid an ongoing Financial Conduct Authority thematic review, according to the results of Gracechurch Consulting’s 2013 claims performance monitor.
Aviva’s risk boss appointed ORIC chair
The Operational Risk Consortium has appointed Aviva group operational risk director Michael Sicsic as its board chair.
Amlin looks to Lloyd’s for underwriting hire
Amlin has appointed Ole Enevoldsen as group head of underwriting assurance.
Amlin Europe opens German office
Amlin Europe has expanded its non-marine business opening an office in Hamburg following approval from German and Dutch regulators.
Brit raids Amlin for UK property underwriting trio
Brit Group has appointed three senior underwriters from Amlin to develop a new UK property portfolio.
China sets up first marine insurance association
China has launched its first professional marine insurance association called the Shanghai Institute of Marine Insurance.
Amlin Singapore launches P&I business with Raets Marine
Amlin Singapore has launched a shipowners’ protection and indemnity (marine liability) business and local charterers’ liability insurance in Singapore, in conjunction with Raets Marine.
Career file: Amlin UK's CEO to retire in 2014
Amlin UK's chief executive Brian Carpenter will be retiring in 2014.
Amlin UK's CEO to retire in 2014
Amlin UK’s chief executive Brian Carpenter will be retiring in 2014.