MS Amlin launches property treaty consortium

MS Amlin  has launched a property treaty consortium at Lloyd’s that increases its maximum line size for property per risk placements from $50 million to $67.5 million, adding 35% more capacity through a single coordinated underwriting and claims structure.

The Property Treaty Per Risk Consortium brings together Nephila Syndicate 2358, Nephila Syndicate 2359, Hampden Syndicate 2689, and Apollo Syndicate 1969 behind MS Amlin, which will remain lead underwriter and retain underwriting and claims authority.

According to MS Amlin, the consortium is designed to simplify placements for brokers while adding new Lloyd’s capacity for large property risks, including data centres, where demand for higher limits continues to increase.

“This consortium increases our line size by more than a third, giving brokers access to additional A-rated Lloyd’s capital through a single placement while allowing us to maintain full oversight of underwriting and claims.” – Stephen Price, Head of North American Property Reinsurance at MS Amlin.

The facility also introduces new capital from syndicates not traditionally active in the property treaty market, expanding Lloyd’s overall market capacity.