Hashtag: #Amlin
MS Amlin AG To Rebrand As MS Reinsurance
MS Amlin AG announced its rebrand to MS Reinsurance, An MS Amlin AG Company. A spokesperson said, “The name change, which will occur during September 2022, reflects parent company MS&AD’s commitment to building a leading, globally diversified reinsurer. MS Reinsurance clients will continue to benefit from the group’s balance sheet strength... Read more of this article
MS Amlin Refocuses Underwriting Strategy
MS Amlin announced a new underwriting strategy that will s”upport the delivery of MS&AD’s vision 2021 management plan and further MS Amlin’s ambitious 2023 transformation plan.” The company said, “MS Amlin, the leading global [re]insurer, today announces a new underwriting strategy that will support the delivery of MS&AD’s... Read more of this article
Mitsui Sumitomo/Amlin Acquisition Complete
Amlin plc announced the completion of its acquisition by Mitsui Sumitomo Insurance Company, Limited, a wholly-owned subsidiary of MS&AD Insurance Group Holdings, Inc., following receipt of applicable regulatory and legal approvals. MSI has acquired the entire issued and to be issued share capital of Amlin. Charles Philipps, Chief Executive of Amlin,... Read more of this article
Amlin Completes Merger Of Two Subsidiaries
Amlin plc, the specialist international insurer, announced the successful completion on January 4 of the cross-border merger of two of its insurance company subsidiaries, Amlin Europe N.V. and Amlin Insurance [UK]. “The combined post-merger insurance company is called Amlin Insurance SE, a European corporate entity [Societas Europaea] domiciled... Read more of this article
Amlin Donates $10,000 To Coral Reef Research
The Bermuda Zoological Society has received a donation from Amlin Bermuda in the amount of $10,000 for their ongoing work in promoting coral reef research and protection. “The delicate state of coral reefs around the world has continued to garner international attention, as many reef systems face major threats from a variety of sources”,... Read more of this article
Amlin Bermuda, Willis E-Accounting Partnership
Willis Limited, the UK broking arm of Willis Group, and Amlin Bermuda, a branch of Amlin AG, a leading independent insurance group, announced the successful launch of a full electronic accounting process between the two companies, using the current ACORD data standard and exchanging messages via TMEL [The Message Exchange Limited). This is the first... Read more of this article
JP Morgan Cazenove Ups Amlin Target Price
Amlin plc — which maintains a major Bermuda platform — had its target price boosted by JP Morgan Cazenove from $5.47 to $6.07 in a report issued Thursday [May 30]. They currently have an underweight rating on the stock. A number of other analysts have also recently weighed in on Amlin. Analysts at Westhouse Securities upgraded shares of... Read more of this article
Normura Reiterates Neutral Amlin Rating
Nomura reiterated their neutral rating on shares of Bermuda-based Amlin in a research note issued to investors last Thursday [May 21]. The firm currently has a $7.18 target price on the stock. Other equities research analysts have also recently issued reports about the stock. Analysts at Westhouse Securities reiterated a neutral rating on shares of... Read more of this article
Westhouse Securities Ugrades Shares In Amlin
Westhouse Securities upgraded shares of Amlin — which maintains a major Bermuda platform — from a neutral rating to an add rating in a research report sent to investors on Wednesday [May 22]. The firm currently has a $7.22 price target on the stock, up from their previous price target of $6.99. Amlin has been the subject of a number of other... Read more of this article
New Study On Reinsurance Hubs Released
Research and Markets — a leading international market research and market data firm — on Monday [Apr. 29] announced the addition of the “2020 Foresight Report: Reinsurance Hubs” report to its catalogue of publications. A Research and Markets spokesperson said: “Growing uncertainties in the global economy and the increasing... Read more of this article
Analysts Reaffirm Amlin Stock Rating
Insurance group Amlin — which operates a major Bermuda platform — had its “underweight” stock rating reiterated by equities research analysts at JP Morgan Cazenove in a research note issued to investors on Wednesday [Apr. 24], AnalystRatingsNetwork.com reports. They currently have a $5.48 price target on the stock. Several other analysts... Read more of this article
Amlin’s “Underperform” Rating Reaffirmed
Amlin — which operates a specialist Bermuda reinsurance underwriting platform — had its “underperform” rating reaffirmed by Credit Suisse in a research note issued on Monday [Apr. 15], Analyst Ratings Network reports. They currently have a $5.92 price target on the stock. A number of other firms have also recently commented on AML. Analysts... Read more of this article
Amlin Bermuda Donates $5000 To CADA
CADA today [Apr 11] announced that Amlin Bermuda will donate $5,000.00 to support the work CADA does in the community. Making the announcement was CADA Chairman, Mr. Anthony Santucci. Mr. Santucci stated, “On behalf of CADA’s board, I extend my sincere appreciation to Amlin Bermuda for their wonderful support. It is deeply needed and most appreciated.... Read more of this article
Amlin “Underperform” Rating Reaffirmed
Stock in Amlin plc — which operates a major Bermuda reinsurance platform — had its “underperform” rating reiterated by investment analysts at Bank of America in a note issued to investors today [April 8], StocKRatingsNetwork.com reports. They currently have a $5.91 target price on the stock. Amlin been the subject of a number of other... Read more of this article
Market Analysts Weigh In On Amlin PLC
Westhouse Securities cut shares of Lloyd’s of London insurer Amlin — which operates a major Bermuda subsidiary — to a neutral rating in a research note issued to investors on Monday [Mar. 11]. A number of other analysts have also recently weighed in on Amlin. Analysts at Credit Suisse raised their price target on shares of Amlin from... Read more of this article
Amlin Chairman To Retire After Losses
Lloyd’s of London insurer Amlin — which operates a major Bermuda subsidiary — today [Mar.5] reported net catastrophe losses of £500.8 million when it expected £170 million and its combined ratio was 108% (2010: 89%), with 27 points generated by major catastrophe losses. Investment return plummeted to £40.5 million, equivalent to... Read more of this article