Amlin PLC
15 December 2005
AMLIN PLC ('Amlin')
PRESS RELEASE
For immediate release
15 December 2005
FORMER CITY BANKER JOINS AMLIN BOARD
The Board of Amlin is pleased to announce the appointment of Mr Richard Davey as
an independent non-executive Director of Amlin, with immediate effect. Mr Davey
has also joined Amlin's Audit Committee.
Mr Davey, who is aged 57, is a non-executive director of the Yorkshire Building
Society and a former non-executive director of Freeserve plc (until 2001) and of
Scottish 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 M
Rothschild & Sons Limited, where he served in various roles, including Head of
Investment Banking and Chairman of its Executive Committee, until his retirement
in 1999. A financial services sector specialist, he advised Lloyd's of London,
and then Equitas, on the Reconstruction and Renewal proposals of the early
1990s.
Roger Taylor, Chairman of Amlin, said, 'Richard Davey has gained wide experience
in a distinguished City career. We look forward to his contribution to our
Board.'
Other than Mr Davey's directorship of Freeserve plc until early 2001, there are
no matters relating to this appointment that are required to be announced under
paragraph 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. Amlin
specialises in four business areas: Aviation; Marine; UK commercial; and
International property and casualty insurance and reinsurance. A FTSE-250
quoted company, Amlin owns 100% of its £850m capacity for 2005, which is
written 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 reinsurance
business 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 Exchange
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