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MS Amlin falls to net loss as hurricane Ian and war in Ukraine dent underwriting

February 14, 2023

The impact of investment losses, Hurricane Ian, and the ongoing war in Ukraine has seen MS Amlin post a net loss of £305 million for the period January to end of September 2022, as the firm’s combined ratio weakened to 111.9%.

In its financial year 2022 3Q results, which covers the nine-month period ending September 30th, 2022, MS Amlin has reported a £435 million rise in net premiums written to £2.875 billion, while net premiums earned increased to £2.246 billion.

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