Amlin UK reports fall in GWP

Amlin chief executive Charles Philipps

Group sees income rise overall.

Amlin's UK division has reported a 9.6% fall in gross written premium (GWP) to £127.6m for the first three months of 2014 (Q1 2013: £141.2m).

The provider said the decrease in income was due to reductions to income estimates on binding authorities made later in 2013.

It added that fleet motor renewal rates had continued to rise, with an average increase of 6.1% recorded in the first three months. According to the insurer most other UK commercial classes had had "modest increases".

GWP
Overall

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