Catlin sees 21% drop in profit before tax
Catlin has reported a 21% drop in profit before tax of $150m on a $2.1bn gross premiums written (up 4%) for the first half of 2008.
The insurer’s Lloyd’s business saw a drop in gross premiums written to $1.5bn (2008 H1: $1.54bn), whilst Catlin Bermuda ($288m, up from $229m), Catlin US ($53m, up from $29m) and Catlin UK ($239m, up
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