Amlin CEO says three quarters of business has seen rate rises in Q1 2012
Amlin reported this morning that the group's gross written premium for the four months ended 30 April 2012 was up 10.5% at £1.4bn (30 April 2011: £1.3bn). At constant rates of exchange, written premium increased by 11.6% (30 April 2011: £1.29bn).
The average renewal rate increase for the group during the four months was 4.3% (30 April 2011: decrease of 0.4%). The renewal retention ratio for the same period was 86.1% (30 April 2011: 84.6%).
Aml
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