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April 2004/1

  • 2003 preliminary results reflect excellent underwriting conditions Amlin posts 83% combined ratio Amlin announced a combined ratio of 83 percent (against 95 percent in 2002) and a 31 percent increase in gross written premium to £937.4mn for its 2003 y
  • Straight talking Willis supremo Joe Plumeri warned the London market that it must change its outlook to achieve consistency of returns, growth and earnings, as he enthralled his Lloyd's library audience in his 10 March Insurance Institute of London lectur
  • Leeds United's roller-coaster ride from Premiership darlings to near bankruptcy eased to a halt this month when it emerged the Yorkshire football club had been bought out of administration by a consortium of local businessmen. On 19 March the club's ad
  • The Berkshire Hathaway owned Lloyd's insurer Marlborough Underwriting Agency has refocused its strategy to concentrate on wholesale reinsurance business. As a consequence, last month its Syndicate 1861 transferred the renewal rights for much of its pr
  • Despite the recent change of ownership, run-off specialists Cavell Management Services Ltd will continue to focus on their growing annual commutations events. Alan Quilter, Director of Cavell, told The Insurance Insider: “Bringing finality to books of