MS Amlin downgrades Malaysian branch to rep office

MS Amlin has let Alexander Milberg go as it prepares to convert
its Malaysian branch into a representative office as part of its
ongoing remediation efforts, The Insurance
Insider has learned.
The London-headquartered carrier is reviewing its operations
globally under newly appointed CEO Simon Beale after its
Lloyd's Syndicate 2001 fell to a £500mn ($709mn) loss in
2017, as its combined ratio ballooned to 137 percent.
Sources said MS Amlin had decided to reduce its headcount in
Kuala Lumpu