Amlin share price dips but declining insurance rates fail to stop growing premiums

first_img Share Caitlin Morrison Amlin share price dips but declining insurance rates fail to stop growing premiums whatsapp whatsapp Show Comments ▼ Wednesday 19 November 2014 8:21 pmcenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksRelated ArticlesTop 10 Date Night In Movies & Films Of All Time10 Amazing RVs You Won’t Want To Miss8 Surprisingly Simple Ways to Keep Your Liver Healthyby Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May Likezenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailPost FunGreat Songs That Artists Are Now Embarrassed OfPost FunMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorLoan Insurance WealthDolly Parton, 74, Takes off Makeup, Leaves Us With No WordsLoan Insurance WealthPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar Program Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily Proof Shares in insurance firm Amlin dipped by more than three per cent yesterday, as the company reported rate reductions across a range of its products during the first nine months of 2014.Average renewal rates were down by 2.5 per cent, although UK fleet motor rates were up by 5.7 per cent, while other UK commercial classes “saw more modest increases”, according to Amlin. The company posted a 4.2 per cent jump in gross written premium for the period, up to £2.3bn from £2.2bn. Amlin stated that this growth had been achieved despite an ongoing challenging trading environment, and attributed its success to an “increasingly diversified nature and strong client proposition”.Charles Philipps, Amlin’s chief executive, commented: “We are pleased with our progress to date in 2014 and are confident that we can continue to deliver healthy returns for shareholders.” Tags: Amlin Companylast_img