MS Amlin
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Parent company MS&AD reported a net profit for fiscal 2022 of 161.5bn yen. -
It emerged in March that Tim Welsh was leaving MS Amlin after almost three decades at the business.
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The pair will report to CRO Vishal Desai.
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MS Amlin has added ex-JLT broker Lacy Lighterness to its cargo team.
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MS Amlin Syndicate 2001 – one of the largest in the Lloyd’s market – reported a combined ratio of 99.9% for 2022.
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The results show 2022 was the first year in which MS Amlin Syndicate 2001 has reported an underwriting profit since 2015.
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Jessica Turner will report to Martin Burke, director of underwriting performance.
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The property underwriter has also worked for Beazley and Liberty Mutual.
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The appointment follows the business unit’s rebrand last year.
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Alun Thomas will report to Bermuda CEO Chris Bonard.
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Group CEO Noriyuki Hara told NikkeiAsia the company was targeting groupwide adjusted ROE of 10% by 2025.
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Execution of the legacy transaction ticks off another major piece of work for MS Amlin in its turnaround of Syndicate 2001.
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