Insurance Post

Editor's comment: Bad gambles see millions dropped

Stephanie Denton

While the average 2.2 million viewers of The Million Pound Drop often urge contestants to take a gamble, they are well aware of one vital rule that it seems some insurers have forgotten: if you are not 100% sure of the answer, the only way to proceed is to spread your money.

This month has seen many insurers report their 2013 half-one results, and a reliance on investments has not proved a successful strategy.

Catlin saw its H1 profits hit by more than one-third following

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