IN BRIEF

AMLIN FIGURES

Insurer Amlin plc has provided an update on current trading. It said ‘1 January is a major renewal date for a number of our key classes. Amlin has written total income to date (before deduction of brokerage) of £389m, a 30.6% increase on the prior year. Overall renewal rates for the group have increased by 4% (2008: reduction of 8%) with a retention rate of 84.1% (2008: 87%).’ The marine division showed premium income of £76.5m, with a positive 4.3% renewal rate movement and a rentention rate of 79.4%. The firm said ‘Our marine business is experiencing positive rate movements, with energy rates up by 22.0% and hull insurance rates rising by 8.9%.’