FAQs
Who is Amlin and what do we do?Who is on Amlin’s Board of Directors?
Where can I find Amlin’s key financial data?
How is Amlin structured?
What is Syndicate 2001?
What is Lloyd's?
What is an Integrated Lloyd’s Vehicle (ILV)?
Why choose Lloyd’s?
Why does Amlin operate at Lloyd’s?
When was Amlin formed?
Where are Amlin's operations?
What are Amlin’s main sources of revenue or income?
Which stock market analysts cover Amlin?
How exposed is Amlin to major catastrophes?
Who is Amlin and what do we do?
Amlin is a leading insurance and reinsurance group underwriting business through Syndicate 2001 at Lloyd’s, Amlin AG and Amlin Corporate Insurance, which was acquired in July 2009. We employ around 1,400 people across our Group which is organised into six divisions: Amlin Bermuda, Amlin Corporate Insurance, Amlin France, Amlin London, Amlin Re Europe and Amlin UK. The Group writes a diverse portfolio of more than 30 classes of business.
Who is on Amlin’s Board of Directors?
Please follow the link to Management.
Where can I find Amlin’s key financial data?
Please follow the link to our Financial Highlights section.
Please follow the link to the Organisation section of our website.
Syndicate 2001 is one of more than 80 underwriting syndicates which are currently operating at Lloyd’s. It is managed by Amlin’s wholly owned managing agency, Amlin Underwriting Limited, and Amlin has been the sole member of the Syndicate since the commencement of the 2004 Lloyd’s year of account.
Syndicate 2001 is the operating platfom of Amlin London, which is organised into four business units: Reinsurance, Property & Casualty, Marine and Aviation, covering 25 classes of business, creating a diverse portfolio of risk. Although business is written worldwide, the key geographic market is the US, which accounted for 49% of business written by Amlin London in 2010.
In addition, we write reinsurance business through our Amlin AG platform in Zurich, comprising Amlin Re Europe and Amlin Bermuda.
Lloyd's is the world's leading insurance market providing specialist insurance services to businesses in over 200 countries and territories.
Lloyd's is a society of members, both corporate and individual, who underwrite in syndicates on whose behalf professional underwriters accept risk. Supporting capital is provided by investment institutions, specialist investors, international insurance companies and individuals.
Currently over 80 syndicates are underwriting insurance at Lloyd's.
As a legal entity, Amlin was formed as Angerstein Underwriting Trust plc in 1993. It changed its name to Amlin plc upon the merger with the Murray Lawrence Group in 1998. Please follow the link to the History section of our website.
Amlin writes insurance and reinsurance business originating from all over the world. Amlin's offices are in the UK, Bermuda, Singapore and Continental Europe. View the location for each of Amlin’s offices.
What are Amlin’s main sources of revenue or income?
Amlin has two main sources of income. First the premium income derived from risks which are underwritten. Please see the Clients section for how we source premium income.
Second, we generate investment returns on both our corporate assets and syndicate technical assets (which are the balances of net premiums less claims and expenses) maintained in various Lloyd’s trust funds. The Group’s combined balances of financial assets at 31 December 2010 amounted to £4.3 billion.
Which stock market analysts cover Amlin?
Please see the Analysts section in our Investor Centre.
How exposed is Amlin to major catastrophes?
Amlin is a leading reinsurer of catastrophes in the Lloyd’s market and in Bermuda, which results in potential material exposures to major catastrophes. The Company manages these exposures so that their potential impact is expected to be within set limits – please see Realistic Disaster Scenario (RDS) analysis and Modelling.
What types of risks is Amlin exposed to?
Please follow the link to the Principal Risks section in our Annual Report.
Note: Amlin takes care to provide its website users with accurate and timely information. We cannot be held responsible for websites belonging to other organisations.