Advertisement
UK markets open in 4 hours 23 minutes

  • NIKKEI 225

    38,654.90
    +418.83 (+1.10%)
     

  • HANG SENG

    18,475.71
    -102.59 (-0.55%)
     

  • CRUDE OIL

    78.61
    +0.13 (+0.17%)
     

  • GOLD FUTURES

    2,331.10
    -0.10 (-0.00%)
     

  • DOW

    38,852.27
    +176.59 (+0.46%)
     

  • Bitcoin GBP

    50,790.81
    -287.60 (-0.56%)
     

  • CMC Crypto 200

    1,371.59
    +58.97 (+4.49%)
     

  • NASDAQ Composite

    16,349.25
    +192.92 (+1.19%)
     

  • UK FTSE All Share

    4,469.09
    +22.94 (+0.52%)
     

Amlin's FY profit falls on lower investment return

Reuters - UK Focus

March 2 (Reuters) - British insurer and reinsurer Amlin Plc (LSE: AML.L - news) said its full-year pretax profit fell 21 percent as low interest rates and a fall in investment return hurt the company.

The largest listed British underwriter, which underwrites property, casualty, marine and aviation insurance, said it was reorganising its business into three business units to improve its global presence. (Reporting by Aashika Jain in Bengaluru; Editing by Anupama Dwivedi)