NU Online News Service, Nov. 12, 3:10 a.m. EDT
Hamilton, Bermuda-based Catlin Group Limited, an internationalspecialty property and casualty insurer and reinsurer, reported a13 percent increase in net premiums earned for the first ninemonths of 2010 compared to 2009.
The company said about half of the increase is attributable toincreases in premium volume and higher rates relating to businesswritten in 2009 but not earned until 2010. The remainder isattributable to the embedded growth arising from the 2006acquisition of Wellington Underwriting plc., the company said.
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