International insurer AmTrust today (1 May) said a jump in premiums after it reinsured part of ailing rival Tower Group's business drove an 18 percent jump in its first quarter profit, sending its shares up nearly 7 percent.
International insurer AmTrust today (1 May) said a jump in premiums after it reinsured part of ailing rival Tower Group's business drove an 18 percent jump in its first quarter profit, sending its shares up nearly 7 percent.