MS Amlin
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An “extraordinary” proportion of storms reached Category 5 status this year. -
Plus, the latest people moves and all the top news of the week.
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The carrier boosted net premiums by 45% and shaved 2 points off its expense ratio.
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Executives also agreed that facilitisation is a structural market change.
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The executive said that outside of property cat, renewals will be “relatively stable”.
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The power market is experiencing double-digit rate reductions.
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This publication revealed the move earlier this year.
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Sam Geddes will join Syndicate 1918 next year in an executive leadership role.
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The recruits will join from Nephila, Aon and Malaysian Re.
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California wildfire losses were partially offset by improved underlying underwriting.
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Dart succeeds Andrew Carrier, who will retire at the end of the year.
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Peter Cordell will join Syndicate 1729 in January.
