insurance founded 1998 headquarters 122 leadenhall street london united kingdom key people roger taylor chairman charles philipps ceo revenue 2 476.4 million 2014 1 operating income 270.6 million 2014 1 net income 236.4 million 2014 1 number of employees 1 700 in seven countries 2013 parent mitsui sumitomo insurance group website www.msamlin.com ms amlin is an independent insurer operating in the lloyd s uk continental europe and bermudian markets . specialising in providing insurance cover to commercial enterprises and reinsurance protection to other insurance companies around the world amlin s shares were listed on the london stock exchange until it was acquired by mitsui sumitomo insurance group in february 2016 . contents 1 history 2 headquarters 3 operations 4 financial ratings 5 major shareholders 6 research 7 sponsorship 8 notable losses 9 references 10 external links history edit the company was formed on the 28 september 1998 through the merger of angerstein underwriting trust and murray lawrence group syndicate the name was derived by combining a from angerstein ml from murray lawrence group and in from insurance . 2 however the oldest part of the business k j coles syndicate dates back to 1903 . 3 in 2008 it bought anglo french underwriters 4 and subsequently renamed it as amlin france in 2010 . in july 2009 it acquired fortis corporate insurance for 350m only to be renamed amlin corporate insurance . 5 in december 2011 amlin issued a catastrophe bond with a yield of 16.75 % to try and protect shareholders from the worst effects of severe losses . 6 on 8 september 2015 it was announced that mitsui sumitomo insurance group had agreed to buy the firm for 3.5 bn . 7 the acquisition was completed in february 2016 . 8 headquarters edit as of september 2015 ms amlin is based at 122 leadenhall street . 9 operations edit ms amlin is organised as follows 10 amlin bermuda a branch of amlin ag is a specialist reinsurance underwriting business formed in october 2005 . amlin europe a specialised insurer for large and medium sized companies in continental europe . amlin london part of amlin underwriting limited and writes insurance and reinsurance business through syndicate 2001 at lloyd s. amlin re europe amlin re europe are is the group s zurich based reinsurance underwriting business . are commenced underwriting in october 2010 as a full service reinsurance operation . amlin uk operates as part of amlin underwriting limited and underwrites business through syndicate 2001 at lloyd s. financial ratings edit the three underwriting platforms within amlin are financially rated separately 11 syndicate 2001 reinsurance insurance a. m. best a superior moody s investors service a2 stable standard & poor s lloyd s syndicate assessment 4 stable amlin ag reinsurance a. m. best a excellent moody s investors service a2 stable standard & poor s a stable fitch ratings a stable amlin europe nv fitch ratings a stable standard & poor s a stable major shareholders edit as of january 2014 the major shareholders in amlin were 12 invesco ltd 69 519 312 13.9 % baillie gifford & co 25 136 807 5.1 % blackrock inc. 24 551 817 4.9 % majedie asset management ltd 23 663 478 4.8 % axa s.a. 23 197 732 4.7 % jpmorgan chase & co 19 624 490 4.0 % the above gives the shareholder name followed by the number of shares owned and their subsequent percentage holding . research edit in early 2014 amlin teamed up with the university of oxford to study the dangers of relying on catastrophe predictions in the latest sign of the industry s concern over the accuracy of computer models . 13 sponsorship edit in 2009 the company signed a sponsorship deal with rugby union s european rugby cup to partner two rugby tournaments in europe . amlin is the title sponsor of the amlin challenge cup and a premium partner of the heineken cup . in 2010 essex county cricket club signed amlin as its sponsor 14 and in early 2014 amlin signed a three year deal to become the platinum sponsor of essex county cricket club . 15 the company also sponsors the eventing grand prix at hickstead 16 and the uk youth london art show . 17 amlin announced the sponsorship of the fia formula e championship racing team amlin aguri in 2014 18 and andretti autosport in 2015 . 19 notable losses edit on september 11 2001 syndicate 2001 suffered a 137.2 m loss from the terrorist attacks that day . 20 in 2011 amlin made significant losses after 500m in claims from disasters including the fukushima earthquake and thai floods . 21 in january 2012 the company paid out a small percentage of the total claims resulting from the costa concordia disaster . 22 references edit a b c preliminary results 2014 pdf . amlin . retrieved 22 march 2015 . angerstein underwriting trust acquires murray lawrence . thompson m & a. 28 september 1998 . retrieved 6 april 2012 . overview amlin plc . retrieved 21 january 2014 . amlin completes acquisition of anglo french underwriters . post on line . 26 november 2008 . retrieved 6 april 2012 . amlin acquires fortis corporate insurance for 350m . the telegraph . 3 june 2009 . retrieved 6 april 2012 . lloyd s of london insurer amlin launches catastrophe bond . sharecast . 24 december 2011 . retrieved 13 april 2012 . mitsui sumitomo to buy insurer amlin for 3.5 bn . ft. 8 september 2015 . retrieved 1 october 2015 . mitsui completes amlin acquisition . insurance day . 1 february 2016 . retrieved 1 february 2016 . amlin rents space in the cheesegrater . the telegraph . december 2012 . retrieved 13 january 2014 . amlin about us . post on line . retrieved 15 january 2014 . financial strength ratings . retrieved 15 january 2014 . major shareholders amlin plc . retrieved 21 january 2014 . insurer and oxford university link for catastrophe study . financial times . 9 february 2014 . retrieved 9 february 2014 . essex cricket club signs amlin as sponsor . 23 april 2010 . retrieved 14 april 2012 . amlin s continued support for essex cricket . 24 january 2014 . retrieved 2 february 2014 . hickstead latest news . 28 april 2011 . retrieved 14 april 2012 . amlin sponsors art show . 22 september 2009 . retrieved 14 april 2012 . amlin aguri official fia formula e championship . retrieved 10 february 2014 . amlin and te connectivity to sponsor us team . retrieved 9 july 2016 . history amlin plc . retrieved 21 january 2014 . natural disasters push amlin to 194m loss . the telegraph . 5 march 2012 . retrieved 6 april 2012 . amlin estimates pay out on cruise disaster . sharecast . 7 february 2012 . retrieved 13 april 2012 . external links edit official site retrieved from https en.wikipedia.org w index.php title amlin & oldid 743025481 categories companies listed on the london stock exchangeinsurance companies of the united kingdomfinancial services companies established in 19981998 establishments in englandsumitomo group navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit 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