Amlin UK sees market hardening
Amlin UK has reported an average hardening of rates across its renewal book of 5.2% for the year to date.
The provider detailed that motor fleet had increased by an average of 9.4% while property rates rose by 1.9% in the ten months to the end of October 2012.
In a statement Amlin UK also highlighted that liability classes had begun to show signs of improvement with employers' liability and public liability business achieving rate increases of 3.4% and 7.3% respectively.
The results for the period came as the insurer delivered gross written premiums of £342.8m up from £269.7m in the same ten-month
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