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Catlin grows GWP

A hand extended holding a bag of pounds - illustration

Premiums increase to $3.6bn from $3.3bn.

Catlin has reported a rise in gross written premiums (GWP) to $3.6bn [£2.14bn] for the six months ended 30 June 2014.

Last year in the same period premiums hit $2.3bn. The results also showed an improved COR which dropped to 85% from 88.1% for the same six months last year.

Net income before tax hit $318m (2013: $145m).

Strategy
Chief executive of Catlin Group, Stephen Catlin, commented: "Our strategy is delivering excellent results.

"During the first half of 2014, profits before tax increased by

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