Wellington to hit target on cat exposures, continues Aspen exit
Lloyd’s insurer Wellington has reported accelerating average rate increases and said that it expected to have written all its targeted aggregate catatrophe exposures by 1st July.
In an AGM statement it added that at 31 May 2006 its syndicate 2020 had written $586m of its total 2006 estimated net premium of $1.4 billion.
The group said that trading conditions in 2006 have been
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