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MS Amlin to launch cyber reinsurance with Envelop Risk

MS Amlin AG has partnered with newly established London-based cyberrisk underwriter Envelop Risk to develop and launch a cyber reinsurance portfolio, Reinsurance News reported.

The venture will reportedly be led by Envelop's chief underwriting officer Ari Chatterjee. The portfolio will insure proportional and non-proportional structures and focus on multiple geographies, according to the news outlet.

Underwriting capacity will be accessible beginning Oct. 1.

MS Amlin AG is a wholly owned subsidiary of MS&AD Insurance Group Holdings Inc.