MS Amlin
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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.
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Grant Baxter will take up the role towards the end of the year.
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The ratings agency said that the reinsurance arm of MS Amlin was expected to make a “significant” loss after tax in 2021.
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The former MS Amlin head of reinsurance takes up the CUO role next week.
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The $37.5mn vehicle follows a $42mn launch in 2021.
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Rinat Bektleuov joined in August 2021 and reports to Charles Goldie, chief underwriting officer.
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Robert Wiest takes over from interim CEO Martin Albers, MS Amlin chairman, who stepped into the role following Chris Beazley’s exit.
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Habib Kattan will support the implementation of the company's outward reinsurance strategy.
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The vehicle will launch with $200mn of equity contributed by all the manager's ILS funds.
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The vehicle is the first sidecar launched in Singapore and will cover regional risks.
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The executive left PartnerRe in March of last year following a reorganisation of the company.
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Specialty CUOs Andrew Wright and Mark Clements, and reinsurance CUO Phil Wooldridge step down as the newcomer is charged with “repositioning”.
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The late July High Court hearing will also involve Arch, Argenta and QBE.
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The restructure removes MS Amlin as a regional holding company.
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Chris Beazley’s role has been expanded to include head of reinsurance for MS Amlin after his departure.
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The Luca Albertini-led ILS manager will become a direct subsidiary of the Japanese insurance group, rather than being held by MS Amlin.
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People moves in the industry in the past month.
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The fund manager’s scarce capacity contributed to a generally difficult retro renewal at 1 January for buyers
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Chris Hayward was previously head of the North American property team in the carrier’s Bermuda office.