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 joint venture with …
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 the outcome of MS Amlin’s comprehensive underwriting review …
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 cash payment of …
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 reorganization involves the removal of the regional holding company …
Aviva Plc, the U.K. insurer that’s overhauling some businesses as part of its chief executive officer’s turnaround plan, is to retain its Chinese joint venture as well as assets in its biggest market, Singapore. The firm will continue to explore …
Typhoon Hagibis is likely to be an earnings event for Japan’s three main non-life insurance groups, MS&AD Insurance Groups Holdings, Sompo Japan Nipponkoa Insurance and Tokio Marine & Nichido Fire Insurance Co. (TMNF), with no material effects on capital and …
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 long-term strategy. Following a comprehensive underwriting review, MS …
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 said. Canada’s Sun Life Financial and …
UK life assurance business ReAssure will be valued at up to 3.3 billion pounds ($4.2 billion) when it floats on the London Stock Exchange, its largest shareholder Swiss Re said on Thursday. Swiss Re, the world’s second-largest reinsurance company, set …
Swiss Re AG confirmed that its U.K.-based ReAssure Group Plc unit intends to undertake an initial public offering, giving the business firepower to expand its closed life and pension business. The company is expected to begin trading in London in …
