15th Dec 2005 09:00
Amlin PLC15 December 2005 AMLIN PLC ("Amlin") PRESS RELEASEFor immediate release15 December 2005 FORMER CITY BANKER JOINS AMLIN BOARD The Board of Amlin is pleased to announce the appointment of Mr Richard Davey asan independent non-executive Director of Amlin, with immediate effect. Mr Daveyhas also joined Amlin's Audit Committee. Mr Davey, who is aged 57, is a non-executive director of the Yorkshire BuildingSociety and a former non-executive director of Freeserve plc (until 2001) and ofScottish Widows Life Assurance Society (until its sale to Lloyds TSB in 2000).The majority of his executive career was spent in investment banking at N MRothschild & Sons Limited, where he served in various roles, including Head ofInvestment Banking and Chairman of its Executive Committee, until his retirementin 1999. A financial services sector specialist, he advised Lloyd's of London,and then Equitas, on the Reconstruction and Renewal proposals of the early1990s. Roger Taylor, Chairman of Amlin, said, "Richard Davey has gained wide experiencein a distinguished City career. We look forward to his contribution to ourBoard." Other than Mr Davey's directorship of Freeserve plc until early 2001, there areno matters relating to this appointment that are required to be announced underparagraph 9.6.13R of the Listing Rules. Enquiries: Charles Philipps 020 7746 1000 Chief Executive, Amlin plc Hannah Bale 020 7746 1118 Group Communications, Amlin plc David Haggie 020 7417 8989 Haggie Financial Notes to Editors: Amlin plc is a recognised leader in the London insurance and reinsurance market,providing a global client base with risk management solutions. Amlinspecialises in four business areas: Aviation; Marine; UK commercial; andInternational property and casualty insurance and reinsurance. A FTSE-250quoted company, Amlin owns 100% of its £850m capacity for 2005, which iswritten through Lloyd's Syndicate 2001. Amlin's Syndicate is rated 'A'(Excellent) by AM Best and 'A1' (Stable) by Moody's. In November 2005, the company established Amlin Bermuda Limited, a reinsurancebusiness capitalised at US$1 billion and rated A- (Excellent) by A.M. Best. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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