Latest Morgan Stanley Headlines
All the headlines from our Morgan Stanley Topic Page, ordered by recency.
Climate Risk Analytics Firm Gets Capital Injections from Liberty and MS&AD
Jul 30 2020 // Jupiter, a Silicon Valley startup provider of predictive data and analytics for climate risk, announced it has raised additional capital from insurers Liberty Mutual and MS&AD Insurance Group Holdings, and SYSTEMIQ, a...
Morgan Stanley Sued by Ex-Diversity Officer Alleging Racial Bias in Firing
Jun 17 2020 // A former Morgan Stanley diversity officer sued the bank on Tuesday, alleging racial discrimination, retaliation and violation of equal pay laws, according to a court filing. The plaintiff, Marilyn Booker, was a managing...
MS Amlin Appoints 4 Senior Leaders Within Specialty Business
Jan 30 2020 // MS Amlin, the global re/insurer, announced the appointments of four senior leaders within the Specialty business, who will report to Mark Clements and Andrew Wright, co-chief underwriting officers of MS Amlin Underwriting...
BPB UW Management Launches Underwriting Agency as MGA Incubator
Jan 14 2020 // BPB UW Management Ltd (BPBUW) has launched an underwriting agency focused on nurturing individual MGA businesses. Its executive team is led by Chairman Jonathan Palmer-Brown, CEO John Holm, COO Margaret Ryan and Executive...
MS Amlin Launches Specialist Equine MGA, David Ashby Underwriting
Jan 13 2020 // MS Amlin, the London-based re/insurer, announced the launch of David Ashby Underwriting Ltd (DAU), a specialist equine MGA. MS Amlin will serve as lead underwriter for the MGA and provide 50% of capacity for DAU through a...
MS Amlin to Exit U.K. P/C Classes as Part of Underwriting Review
Dec 19 2019 // MS Amlin, the London-based re/insurer, said it will cease underwriting corporate property, real estate, casualty and package binders through its U.K. P/C business with effect from Jan. 31, 2020. This announcement follows...
Swiss Re to Sell U.K. Insurer ReAssure to Phoenix Group for $4.3B in Cash, Shares
Dec 6 2019 // Swiss Re announced an agreement to sell its U.K. life subsidiary ReAssure Group plc to Phoenix Group Holdings plc. As part of the agreement, which values ReAssure at £3.25 billion ($4.3 billion), Swiss Re will receive a...
MS Amlin Launches New Operating Model and Senior Leadership Team
Nov 27 2019 // MS Amlin, the London-based re/insurer, announced a new operating model and senior leadership team in response to the recent decision by its parent company, MS&AD, to reorganize its international businesses. This...
S&P Revises Qatar Insurance Outlook on Financial Risks from $308M Markerstudy Loan
Nov 25 2019 // S&P Global Ratings said it revised its outlook on Qatar Insurance Co. S.A.Q. (QIC) to negative from stable, although it has affirmed the group’s “A” rating. When QIC acquired four of...
Mitsui Sumitomo Insurance’s Rating Unchanged with Reorganization: AM Best
Nov 21 2019 // The financial and credit ratings of Mitsui Sumitomo Insurance Co. (MSI) remain unchanged following an announcement by its parent company, MS&AD Insurance Group Holdings (MS&AD), that it plans to reorganize its...
MS Amlin Exits Aviation Insurance Market
Oct 14 2019 // MS Amlin, the London-based re/insurer and subsidiary of MS&AD, confirms its exit from the aviation insurance market, effective from Oct. 14 when it will cease underwriting aviation insurance renewals or new...
MS Amlin Exits 9 Non-Core Classes of Business, with a New Focus on 3 Core Markets
Oct 1 2019 // MS Amlin, the London-based re/insurer and subsidiary of MS&AD, announced a new underwriting strategy that focuses on three core, non-commodity markets, while exiting nine non-core markets, which no longer fit in its...
Allianz, MS&AD, Other Suitors in Race to Buy Aviva’s Asia Units for Up to $2.5B: Sources
Sep 24 2019 // German insurer Allianz, Nippon Life and MS&AD Insurance are vying with rivals to buy the Singapore and Vietnam businesses of Britain’s Aviva in a deal likely to be worth up to $2.5 billion, sources...
MS Amlin Names Beazley as Head of Reinsurance, Replacing Few Who Joins TigerRisk
Sep 4 2019 // Global re/insurer MS Amlin announced that Chris Beazley, CEO of MS Amlin AG, will be expanding his leadership role to include all of MS Amlin’s reinsurance business with immediate effect. Beazley takes over the...
MS Amlin Appoints Perottino from HDI as Country Manager for France
Jul 1 2019 // MS Amlin, the specialist global re/insurer, announced it has appointed Véronique Perottino as country manager for France. Perottino will join the business beginning of September reporting to Rudy Benmeridja, CEO of MS...
MS Amlin Names RSA’s Vogiatzidou as Senior Marine Underwriter in Dubai
Jun 18 2019 // MS Amlin, the London-based re/insurer, announced the appointment of Mary Vogiatzidou to the role of senior marine underwriter. Vogiatzidou will be based in MS Amlin’s Dubai office and will be responsible for the...
Swiss Re Plans IPO of $4.5 Billion UK Subsidiary ReAssure
Jun 7 2019 // Swiss Re is pressing ahead with plans to float its $4.5 billion UK life insurance business in London to put it under a more favorable regulatory regime and give it easier access to capital to fund its expansion. ReAssure,...
MS Amlin Acquires Stake in Specialist Reinsurance MGA Envelop Risk
May 21 2019 // MS Amlin announced the purchase of a strategic stake in Envelop Risk, a global specialist reinsurance managing general agent (MGA), which combines insurance expertise with artificial intelligence-driven cyber risk...
MS Amlin Launches Digital Trading Platform for Agricultural Motor Insurance
May 2 2019 // MS Amlin announced an upgrade of of a digital trading solution to upgrade its “Countrywise insurance” service, which provides agricultural motor insurance for brokers and their clients in Great Britain and...
MS Amlin Appoints Pearce from Old Mutual as CFO
Apr 29 2019 // MS Amlin, the global re/insurer, announced the appointment of Iain Pearce to the role of chief financial officer. Pearce will join the business on June 3, 2019, forming part of the executive team and reporting to Simon...
