MS Amlin buys Hong Kong yacht MGA

MS Amlin has acquired Phoenix Underwriters, a Hong Kong-based
managing general agency (MGA) that specialises in insuring yachts.
The MGA's four-person team will be integrated into MS
Amlin's Hong Kong operation later in the year, according to a
statement from the carrier today.
Phoenix specialises in cover for yachts, super-yachts and
commercial vessels.
Simon Clarke, CEO of MS Amlin Asia Pacific, said: "The
acquisition continues our international strategy of adding marine
products to our core p