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Amlin FY pretax profits drop

Amlin, the Lloyd's of London (re)insurer, said that full-year pretax profits dropped to £121.6m from £445 the year earlier, hit by investment losses.

Amlin's full-year net earned premium dropped to £913.5m from £972.5m the year earlier, impacted by losses from Hurriances Gustav and Ike of $302.3m.
Investment losses fell to £18m from £157m in

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