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Catlin Q1 GWP bolstered by Swiss start-up as UK/London dips 10%

Catlin chief executive Stephen Catlin

Catlin this morning reported that it had seen an 11 per cent increase in gross premiums written ($1.4bn or £860m) and that over half (52 per cent) had been written by non-London/UK underwriting hubs.

The insurance group added it had seen a 10 per cent decrease in gross premiums written by London/UK hub to $677m (Q1 2010: $754m) and that average weighted premium rates across the group's

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