MS Amlin
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The underwriter will be responsible for D&F, binders and auto business once he joins the business later this year. -
CEO Johan Slabbert says the US specialty market offers a chance to balance out the volatility of catastrophe risk.
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MS Amlin Syndicate 2001 fell to a loss of £178.1mn ($244.9mn) for 2020 following a £136.0mn net hit from Covid-19 and a string of natural catastrophe losses.
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The appointment to the newly created position is the latest of several management changes.
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The marine hull and war underwriter will rejoin former colleague Chris Goddard, who launched the start-up last year.
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Excluding Covid-19, the carrier’s combined ratio improved 4 points to 98% for the nine months to September.
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Vishal Desai will replace Giles Holland as CRO while Catherine Scullion takes a newly created role.
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Plus a mixed week for Lloyd’s, the asbestos potential of Covid-19 claims and a round-up of our most-read stories from the week.
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The mixed ruling delivered by the High Court meant insurers escaped from worst-case loss scenarios.
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The vehicle is the first sidecar launched in Singapore and will cover regional risks.
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The executive left PartnerRe in March of last year following a reorganisation of the company.
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There will be significant movements in the ranks of the top 10 syndicates in 2021, with Brit moving into second place and Axa XL tumbling to 7th.
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