Amlin blames earthquakes for £250m drop in profit
Amlin will monitor rate increases in earthquake zones in 2011, after blaming significant catastrophe activity for a £250m drop in profit for 2010.
After £203.6m combined losses from the Chilean and New Zealand earthquakes, Amlin posted a pre-tax profit of £259.2m (2009: £509.1m).
The Deepwater Horizon oil spill cost the insurer an estimated $15m
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