Insight and Intelligence on the London & International Insurance Markets 19 Feb 2018

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MS Amlin plunges to 589mn nine-month loss

  • Charlie Thomas 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...

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