Informa Insurance News 24
AMLIN BUYS J R CLARE UNDERWRITING AGENCIES LTD
Amlin Corporate Services, a unit of UK-based insurer Amlin, has bought managing general agent J R Clare Underwriting Agencies
Ltd (JCUA) from Mr John Clare. JCUA sources about £30m ($47m) of UK household and commercial premium income. Amlin UK will
underwrite 100% of JCUA's business from now on. Amlin observed that JCUA "had been successfully sourcing business for London
Market underwriters since 1999". However "it has recently lacked sufficient capital to continue to fund its operations and
satisfy the FSA's solvency requirements".