Analysts queue up to question Amlin’s star status
Amlin's profit warning yesterday (2 August) should mark the end of its reign as the "premium stock in Lloyd's", according to Espirito Santo analyst Joy Ferneyhough.
Ferneyhough was one of a number of insurance analysts to question the firm's continued prominence following the shock announcement.
Amlin stock fell 16 percent to close at 335p yesterday after the company said its half-year profits would be £65mn weaker than expected. The shortfall was due to increased claims from the New Zealand earthquake...
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