MS Amlin boosts Phoenix Re Capacity to $9m for APAC reinsurance

This marks a 12.5% from 2024.

MS Amlin has renewed its Phoenix Re sidecar for the fifth consecutive year, increasing its collateralised capacity to over $9m, a 12.5% increase from 2024.

The Singapore-based vehicle provides quota share support for MS Amlin’s reinsurance portfolio in Asia-Pacific and has grown significantly since its launch in 2021, driven by strong performance and rising investor interest in Asian catastrophe risks.

William Ho, CEO of MS Amlin Asia Pacific, highlighted that investor appetite for Asian catastrophe risks continues to grow, with Phoenix Re more than doubling its available capacity since inception.

He noted that Phoenix Re has absorbed regional loss events, including floods, earthquakes, and super typhoons, whilst delivering consistent returns.

In 2023, it achieved returns exceeding 11.5%, reflecting MS Amlin’s disciplined underwriting approach.

Follow the link for more news on

Mitsui Sumitomo Insurance

Reinsurance

Also Read

Canara HSBC introduces real-time sales task management

India's non-life insurers premiums surges 13% in FY 23-24

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit