Amlin's syndicate income falls 11.3%

Amlin has reported a fall of 7.5% in gross written premium (before deduction of brokerage) for the first 10 months of the year to £904.1m compared to the same period last year (2007: £977.2m).

The average renewal rate reduction for the group for the same period was 7.8% with renewal retention of 84.5%.

Regarding its investment returns, Amlin stated: "Despite being defensively positioned the

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ABI insists fire safety scheme is temporary

Mervyn Skeet, the Association of British Insurers’ director of general insurance, has outlined how the trade body will ensure the Fire Safety Reinsurance Scheme will only last three to five years, and how it will should end criticism of brokers earning commission for arranging cover.

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