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Amlin GWP climbs 4.2% for YTD

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Amlin has recorded a 4.2% increase in gross written premium to £2.29bn for the nine months ended 30 September (9M 2013: £2.20bn), despite a year-on-year drop in the firm’s UK quarterly GWP from £269.6m to £257.4m.

Average renewal rates at group level were down 3.5% and the renewal retention ratio stood at 85.5% (30 September 2013: 86.5%). 

Following the changes made to outwards reinsurance at the start of the

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