Catlin reports flat GWP for UK operation

Stephen Catlin

This is an increase of 12% on the $3,280m, GWP reported for the same period of 2010.

GWP for the insurer’s UK/London hub showed little change for the year to date, at $1,868m, compared to $1,877m for the first nine months of 2010.

In a statement, Catlin said it continued to reduce the volume of business underwritten in some sectors of the London wholesale market, such as non-motor casualty and aviation, “in the light of sustained competitive conditions”.

Catastrophe losses
In June the group

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