Amlin admits weather losses are higher than "business plan assumptions"
Lloyd’s insurer Amlin today said losses relating to Hurricane and Typhoon events in the United States and Japan respectively are higher than its business plan assumptions for such activity.
In a statement it added: “Evaluation of the loss events is at a preliminary stage. The underlying event estimates for Hurricanes Charley, Frances, Ivan and Jeanne, together with Typhoon Songda, areOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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