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The departures of MS Amlin’s CEO and CUO underscore the carrier’s fall from grace since its £3.5bn takeover by Mitsui
Yesterday, MS Amlin announced that CEO Simon Beale and CUO James Illingworth would be stepping down from their roles as part of a reorganisation of the carrier.
Catrin Shi
,
28 November 2019
AJG strikes deal to proceed with Capsicum Re takeover
The transaction, subject to further negotiations, would take the broker’s stake in the business to 100 percent.
Bernard Goyder
,
28 November 2019
McGill and Partners hires JLT’s Curtis for Miami office launch
The move follows the departure of MMC's Lat Am fac CEO Andrew Perry and Willis’ Ed Fyfe to Lockton.
Bernard Goyder
,
27 November 2019
Axa commits to coal divestment by 2040
The insurer will also double green investments over the next four years.
Samuel Casey
,
27 November 2019
Lloyd’s Singapore market access scheme to close
After a three-year transition period, underwriters outside the island will need a locally authorised intermediary to write most primary risk.
Anna Sagar
,
27 November 2019
Axa XL buys property law MGA Secure Legal Title
The firm provides real estate investors and developers across Europe, India and the Americas with cover.
Samuel Casey
,
27 November 2019
Gard appoints Nilssen as London CUO
The company insider will take up the newly created role in March next year.
Samuel Casey
,
27 November 2019
Pioneer hires ex-Canopius specie head Turner
The company makes the appointment as it prepares to move forward as an MGA only.
Samuel Casey
,
27 November 2019
MS Amlin CEO Beale to step down
The executive's move, and that of CUO James Illingworth, comes as Mitsui Sumitomo Insurance takes direct ownership of Amlin subsidiaries
Samuel Casey
,
27 November 2019
Root Insurance Company reports near-$50mn Q3 loss
New filings show the InsurTech is expanding far faster than either Lemonade or Metromile but its losses have almost doubled.
Bernard Goyder
,
27 November 2019
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