Catlin boasts of record profit
The Lloyd's insurer saw a 12% increase in gross premiums written to US$3.7bn on constant currency basis; and an 8% increase on a reported basis (2008: US$3.4bn) and recorded a 89% combined ratio (2008: 95%).
Catlin has reported a record profit before tax of $603m, up from a loss of $13m in 2008.
The Lloyd's insurer saw a 12% increase in gross premiums written to US$3.7bn on constant currency basis; and an
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