MS Amlin
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The carrier first issued Phoenix in 2021 with a size of $42mn. -
An “extraordinary” proportion of storms reached Category 5 status this year.
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Toh joins from Nephila, where he spent the last decade, bringing expertise in ILS.
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Category 4 and 5 storms could become more common and hit further north.
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Company touts growing investor demand for Asian cat risks.
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He will oversee the syndicate’s catastrophe modelling capabilities.
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Phoenix Re renewal ‘shows commitment to doing Asia ILS, for Asia in Asia’, according to MS Amlin Asia Pacific CEO Will Ho.
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Previously, Shaw was lead underwriter at MS Reinsurance and lead underwriter at MS Amlin’s Bermuda office.
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Alun Thomas will report to Bermuda CEO Chris Bonard.
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The vehicle was upsized by 20% from 2022.
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Having joined the company in 2016, the executive was working as a lead underwriter in LATAM prior to the announcement.
