Amlin reveals $52m Wilma hit
Lloyd’s insurer Amlin this morning releases a trading update, including an improved forecast for Syndicate 2001 for the 2003 year of account and an initial loss estimate for Hurricane Wilma of US$52m.
It said Syndicate 2001’s premium income (net of brokerage) to the end of October 2005 was £715m (at rates of $1.77:£1 and excluding reinstatement premiums of approximately £22 million from hurricane
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