KGM increases underwriting capacity
A capacity of £73 million has been secured from its capital providers, which includes traditional Lloyd's names.
Active underwriter, Colin Hart, commented: "This increase has been secured on the back of our 50-year history of delivering profitable returns and an exceptional 2008, which will see KGM exceed its income forecasts and achieve a capacity utilisation of 100%. Gross written premium is forecast to reach £58.8 million, representing a 20% growth on last year.
"Whilst the economic climate is
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected].
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Personal
Most read
- Stephanie Smith, Allianz COO, to exit
- Zurich unveils flood resilience initiative
- Ardonagh reshuffles senior team
- Video Q&A: Hiscox's Andrew Cheney on underinsurance in HNW
- AbbeyAutoline strives for growth in commercial
- Gibraltar regulator denies accusations from MCE
- Protesters target Convex over coal