Catlin CEO boasts it is in the "strongest period in its history" after 2006 results
Catlin today reported income before tax of US$258.8m (2005:$19.7m), on gross written premiums of US$2.72bn and a combined ratio of 87 per cent for the year ended 31 December 2006. Including Welllington - which was acquired in December 2006 - the net income was US$428.5m.
Commenting on the group’s preliminary results, Sir Graham Hearne, chairman of Catlin Group, said: “Catlin produced a strong operating performance during 2006, with a return on average equity of 24 per
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