RSA relies on £1bn+ reinsurance programme to keep Chile loss low
Amlin is understood to be a lead market on the first of RSA
Insurance Group's two treaty programmes heavily impacted by the
Chile earthquake on 27 February.
UK-listed (re)insurer Amlin is among a host of Lloyd's insurers
on RSA's total £1bn plus cover, including Catlin, QBE
Limit and Faraday.
Amlin released a preliminary estimate for the impact of the earthquake on its business, indicating a substantial loss of $142mn-165mn, based on modelling of its catastrophe excess of loss reinsurance accounts...
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