Catlin sees pre-tax profits tumble 37% after investment returns plummet
Catlin has seen its H1 profits scythed by more than a third following a steep drop in its net investment income.
The insurer recorded a first half pre-tax profit of $145m, down from $231m last year, with net investment returns down from $83m to $9m.
Reviewing the figures, chief executive Stephen Catlin, pictured
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