Amlin acquisition complete
1st February 2016

Amlin has announced completion of the acquisition by Mitsui Sumitomo Insurance, a wholly owned subsidiary of MS&AD Insurance Group Holdings, following regulatory and legal approvals. Mitsui Sumitomo has acquired the entire issued and to be issued share capital of Amlin.

Charles Philipps, chief executive of Amlin, will lead the business, which will be called MS Amlin.  It is intended that MS Amlin will comprise the historic Amlin businesses, together with MSI’s London and Bermuda-based businesses.  Amlin and MSI are at an advanced stage of planning the integration of these businesses which will, subject to further regulatory approvals, involve the merger of Amlin’s and MSI’s Lloyd’s syndicates and reinsurance subsidiaries.

Charles Philipps comments, “Our combination with MSI is incredibly positive for our business, our employees and our clients. I am very much looking forward to working with the MSI teams in London, Bermuda and elsewhere to unlock our full potential as part of MSI.”

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