Catlin CEO sees more room for rate growth due to capital levels and uncertainty
Catlin this morning reported that gross premiums written increased during the first quarter of 2009 by 2 per cent to US$1.17bn. Using constant exchange rates, gross premiums written rose by 8 per cent, which the insurance group added is in line with the group's business plan.
Broken down by category this was made up of London/UK-originating business $777.6m (down 7%); Catlin Bermuda $147.2m (up 10%), Catlin US-originating business 117.2 (up 36%), international offices $130
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