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Amlin ponders u-turn on cat limits

20 August 2012

Lloyd's (re)insurer Amlin is considering whether to reverse course on de-risking its business and regrow its catastrophe reinsurance portfolio at the 1 January renewals.

A benign period of losses has enabled it to rebuild its balance sheet following a bruising 2011.

"While it hasn't been finally agreed by the board, if we had a normal second half cat year one of the things we would look at is increasing our cat tolerances again [at 1 January]," CEO Charles Philipps told...


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This article was published as part of issue August 2012/3

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