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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)