Amlin posts reduced profit in H1 due to 'change in accounting'
Amlin reported a fall in profit before tax to £143.3m in the first half of 2015 (H1 2014: £148.5m) due to changes in its accounting for catastrophe reinsurance earned premium.
The Lloyd's player saw a 6.2% increase in gross written premium to £2bn (H1 2014: £1.89bn) over the period.
However, net earned premium dropped by 7.5% to £1.03bn (H1 2014: £1.11.bn, following
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