Amlin tumbles to £192.3mn H1 loss
Amlin reported a half-year pre-tax loss of £192.3mn on catastrophe claims of £314.3mn, weeks after a profit warning led analysts to question its star stock status among Lime Street insurers.
According to analyst Joy Ferneyhough at Banco Espirito Santo, the loss meant that the firm has lost 18 percent of its net tangible asset value (NTA) in the first half of 2011.
Ferneyhough said this meant there were questions over aspects of its performance, particularly compared to Lloyd's peer Hiscox,...
You are currently viewing an incomplete version of this article. If you are a subscriber then please login now. If you are a non-subscriber but would like to be able to view this article, then please select from the purchasing options below.
Purchase
Follow us:
