Catlin soars into profit

bermuda-flag

The international specialty property and casualty insurer and reinsurer, revealed that gross written premiums increased to $3.01bn (H1 2011: $2.68bn) while net written premiums were flat at $2.26bn (H1 2011: $2.27bn).

The Bermuda-based company also unveiled a notably improved combined operating ratio.

Last year it produced a COR of 116.5%, but this year's figure came in at 86.3%. The improvement was mainly driven by a dramatic drop in the loss ratio to 51.6% from 85% in the first half of 2011.

S

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 copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: