Catlin sees 28% increase for loss-affected business, modest slide elsewhere
In an AGM statement Bermudian (re)insurer Catlin Group conformed the divergent (re)insurance market, reporting a weighted average premium increase of 28% for hurricane-affected areas, but a 1% premium discount for other areas.
Catlin said gross premiums written during the period ended 30 April 2006 rose 10% compared with the corresponding period of 2005, adding that weighted average premium rates for all classes of business
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