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Catlin Q1 gross written premiums jump

Catlin, the Lloyd's (re)insurer, said that gross premiums written increased during the first quarter of 2009 by 2% to US$1.17bn.

Net premiums written rose by 17% - mainly thanks to the cessation at 31 December 2008 of the quota share reinsurance of the Catlin syndicate under which 12.5% of gross premiums written was ceded

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Axa Partners hit with FCA limitations

Following the Which? super complaint, the Financial Conduct Authority has told Axa Partners UK it cannot grow its current customer base without written permission from the regulator.

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