Amlin defends diversification strategy
Improving pricing in non-catastrophe lines would prove the value
of Amlin's diversification strategy and enable it to take on
more cat risk and grow profitably, said senior management at the
Lloyd's (re)insurer last week.
In a presentation to analysts and investors outlining plans for
growth, Amlin defended its decision to diversify into
non-catastrophe lines despite the fact it has caused a drag on
earnings in recent times.
This has led some to question whether the carrier has lost some of...
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