MS Amlin and Mitsui Sumitomo Insurance Collaborate to Expand Their Holdings with Amlin Netherlands
In a strategic move to strengthen their presence in the insurance industry, MS Amlin Insurance SE and Mitsui Sumitomo Insurance Company Limited (MSI) are excited to announce their joint acquisition of Amlin Netherlands Holding (ANH). This milestone development, effective from 1 January 2023.
Amlin Netherlands Holding, comprising the fully owned subsidiary MS Amlin Marine NV, has now become a shared venture, with MS AISE holding a majority stake of 90% and MSI holding the remaining 10%. This collaborative endeavour enhances the collective expertise, resources, and capabilities of MS AISE and MSI.
This strategic partnership underscores the commitment of both MS Amlin Insurance SE and Mitsui Sumitomo Insurance Company Limited to expanding their global footprint and delivering exceptional value to their customers.
The joint acquisition of Amlin Netherlands Holding signifies a new chapter in the growth trajectory of both companies. With a shared vision for excellence and a focus on innovation, MS AISE and MSI are well-positioned to make a positive impact in the insurance market. As they continue to collaborate, clients and partners can expect enhanced services, tailored solutions, and a steadfast commitment to reliability and customer satisfaction.
This venture reflects the dynamic nature of the insurance industry, where strategic alliances and collaborations drive progress and shape the future of insurance services. MS AISE and MSI are confident that this joint venture will create synergies, foster innovation, and ultimately benefit their clients and stakeholders.
Stay tuned for further updates as MS Amlin Insurance SE and Mitsui Sumitomo Insurance Company Limited embark on this exciting journey, reinforcing their position as leaders in the global insurance arena.