Insurance Post

Catlin GWP up 12% as rates rise across portfolio

Catlin chief executive Stephen Catlin

Catlin has announced a 12% rise in gross written premium in the first quarter to $1,642m (Q1 2011: $1,465m).

The company said that 54% of total gross premiums were written by non-London/UK underwriting hubs.

Catlin claimed that average weighted premium rates for catastrophe exposed business increased by 10%

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