MS Amlin Premium Gains Despite Higher Combined Ratio
MS Amlin, the Lloyd’s global re/insurer, reported robust premium growth in Q1 2025, though specific figures for the quarter are not detailed in available data. Drawing from recent full-year 2024 results, the company saw net premiums earned rise by $300M (£224M) to $2.11B (£1.575B), driven by business expansion across nearly all classes. However, the combined ratio for 2024 was 87.2%, up slightly from 86.6% in 2023, reflecting higher claims from events like the Baltimore Bridge collapse and Hurricanes Helene and Milton.
For Q1 2023, MS Amlin reported a combined ratio of 94.9%, improved from 112.0% the prior year, with net premiums written at £1.96B, up from £1.40B, and net premiums earned at £940M, a £286M increase. While Q1 2025-specific data is unavailable, the company’s 2024 performance suggests continued premium growth, likely tempered by a higher combined ratio due to persistent claims activity. The insurer’s focus on risk selection and portfolio refinement supports its resilience, but the uptick in combined ratio indicates challenges in balancing profitability with loss events. For precise Q1 2025 figures, check MS Amlin’s official reports or recent reinsurance news.