MS Amlin

The carrier has bolstered its property team following several staff exits earlier this year.

Before his departure, he held the role of head of crisis management at the carrier for two years.

The association aims to create a “single voice” for carriers when lobbying governments and regulators

Amid ongoing restructuring, poor performance from discontinued classes is weighing on the bottom line.

The reinsurer will focus on three UN Sustainable Development Goals (SDGs) to help it achieve carbon-neutrality by 2050.

The senior underwriter has worked at Sirius, Novae, Mitsui Sumitomo and Chaucer.

The deal allows MS Amlin to carve out the P&C portfolio for 2019 and prior years in an industry first.

The ratings agency said that the reinsurance arm of MS Amlin was expected to make a “significant” loss after tax in 2021.

Sources described the deal as a collegiate agreement, and long term the carrier is still understood to be committed to the US property market.

The carrier has appointed John Winder, Victoria Harding, Wendy Kriz and Maurice Rose to its risk function team.

The unit still faced £272mn in nat-cat losses and a £58mn Covid-19 impact during the period.

Head of property John Roberts-West and senior commercial property underwriter Katie Hunter have both left the business, with Hunter set to join Beazley at the end of the month.