Catlin well placed to capitalise on improving rates: Nomura
Catlin says it is "well placed" to take advantage of rising rates this year, with a capital buffer of 14 percent and third-party capital structures set up for 2012, according to Nomura analysts.
The group's reinsurance programme which successfully kicked in during the second half of 2011 will be renewed this year and is "substantially the same" as its predecessor, the research analysts said.
The Lloyd's (re)insurer saw a 5 percent increase in rates at the crucial 1 January 2012...
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