MS Amlin raises $45mn from Phoenix 3 Re sidecar for Asia Pacific portfolio
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MS Amlin raises $45mn from Phoenix 3 Re sidecar for Asia Pacific portfolio

Fiona Robertson
16 January 2023
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MS Amlin has expanded its Phoenix Re sidecar by 20% to secure $45mn of quota share retro support in the third instalment of the vehicle, which takes Asia Pacific risks.

The carrier had raised $37.5mn from Phoenix 2 Re in 2022 and said the new vehicle would complete the existing sidecar in terms of ceded business and structure.

Altogether,

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