MS Amlin
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He will oversee the syndicate’s catastrophe modelling capabilities.
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The facility will target operators across the US, onshore and offshore.
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The result was a profitability turnaround of £300mn.
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The MS Re CEO said 1 January oversubscription levels on cat were not notable.
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The company will use MS Amlin to drive international growth.
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The carrier has rebranded its UK entity from MSI EU to MSIG UK.
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Senior underwriter Tom Horswill is to relocate from London to Dubai to lead the offering.
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Finance minister describes the activity as “widespread, repeated and continuous”.
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Current marine head Laurence Humberstone is set to retire after 19 years at the carrier.
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The improved underwriting performance was driven by reduced losses relating to Russia and Ukraine.
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The underwriter will retain his responsibilities as lead underwriter for credit and political risk.
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