Amlin UK reports 7.1% improvement in GWP
Amlin UK has reported gross written premium (GWP) of £312.4m for 2011, up 7.1% from the 2010 figure of £291.8m.
The company stated that the acquisition of JR Clare at the beginning of 2011 contributed £35.1m of GWP.
The firm also reported property income of £114.6m, a 178.8% increase since 2009, which it said reflected “recent strategic investments”.
Brian Carpenter, underwriting director, commented: “The UK market continued to improve in 2011, particularly in fleet motor and property. In this more favourable environment we continued to grow these accounts.”
The company reported a loss of £7.9m
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