GWP grows for Amlin
But profit before tax declines while COR deteriorates.
Amlin reported a rise in gross written premium to £2.6bn for the first half of 2015, an improvement on the £1.9bn posted in H1 2014.
However profit before tax fell to £143.3m (H1 2014: 148.5m) while the combined operating ratio worsened to 91% from 87% in the first half of the previous year.
Despite this Amlin said the results were "solid" and reflected challenging conditions.
Charles Philipps, chief executive, commented: "This is a solid set of results in the more challenging market which
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