Insight and Intelligence on the London & International Insurance Markets 19 Feb 2018
MS Amlin plunges to £589mn nine-month loss
- 14 February 2018
MS Amlin swung to a £589mn ($818.7mn) loss for the nine months to 31 December, after making a £123mn profit in the prior-year period, according to results from parent company MS&AD today.
MS Amlin's combined ratio for the period worsened by 43 points to 138 percent, driven by a 39 point deterioration to the loss ratio to 100 percent. The expense ratio ticked up by 4 points to 38 percent.
The results included about £171mn of losses associated with the...
- If you are a non-subscriber but would like to be able to view this article, then please go to our Publications page for further information on joining our readership
- Login Free trial